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4-Traders Homepage  >  Equities  >  Nyse  >  Weis Markets, Inc.    WMK

Delayed Quote. Delayed  - 07/28 10:02:01 pm
50.54 USD   -1.96%
07/26 WEIS MARKETS : posts 2Q profit
07/26 WEIS MARKETS : Reports Second Quarter Results
07/25 WEIS MARKETS : What can shoppers expect when Weis Markets come to ar..
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WEIS MARKETS : MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS (form 10-Q)

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07/28/2016 | 07:10pm CEST

The following discussion and analysis of Weis Markets, Inc.'s (the "Company") financial condition and results of operations should be read in conjunction with the unaudited Consolidated Financial Statements and related notes included in Item 1 of this Quarterly Report on Form 10-Q, the Company's audited Consolidated Financial Statements and the related notes included in the Company's Annual Report on Form 10-K for the year ended December 26, 2015, filed with the U.S. Securities and Exchange Commission, as well as the cautionary statement captioned "Forward-Looking Statements" immediately following this analysis.

Overview

Weis Markets, Inc. was founded in 1912 by Harry and Sigmund Weis, in Sunbury, Pennsylvania. Today, the Company ranks among the top 50 food and drug retailers in the United States in revenues generated. As of June 25, 2016, the Company operated 162 retail food stores in Pennsylvania and four surrounding states: Maryland, New Jersey, New York and West Virginia.

Company revenues are generated in its retail food stores from the sale of a wide variety of consumer products including groceries, dairy products, frozen foods, meats, seafood, fresh produce, floral, pharmacy services, deli products, prepared foods, bakery products, beer and wine, fuel, and general merchandise items, such as health and beauty care (HBC) and household products. The Company supports its retail operations through a centrally located distribution facility, its own transportation fleet, three manufacturing facilities and its administrative offices. The Company's operations are reported as a single reportable segment.

Results of Operations

© Edgar Online, source Glimpses

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Latest news on WEIS MARKETS, INC.
07:10p WEIS MARKETS : MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND R..
07/26 WEIS MARKETS INC : Results of Operations and Financial Condition, Financial Stat..
07/26 WEIS MARKETS : posts 2Q profit
07/26 WEIS MARKETS : Reports Second Quarter Results
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Managers
NameTitle
Jonathan H. Weis Chairman, President & Chief Executive Officer
Kurt A. Schertle Chief Operating Officer
Scott F. Frost Chief Financial Officer, Treasurer & Senior VP
Shirl Stroeing Chief Information Officer & Vice President
Robert F. Weis Chairman-Emeritus
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