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Weis Markets Issues Update On Its Program To Reduce Refrigerant Use 

Weis Markets today reported more than 90 percent of its stores no longer use ozone-depleting refrigerants and that its distribution, manufacturing and support facilities have also transitioned away from the use of these refrigerants.

The United Nations (UN) adopted the Montreal Protocol in 1987 to phase out substances depleting the Earth’s ozone layer, which protects us from receiving harmful levels of the sun’s ultraviolet light, a known cause of skin cancer and cataracts. The Protocol is the only UN treaty to have been ratified by all...

 

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Sep 17 8:54 AM, General News



Weis Markets Reports Second Quarter Results

Weis Markets reported its financial results for the thirteen-week period and 26-week period ended June 26, 2021.

Net sales totaled $1.0 billion for the thirteen-week period ended June 26, 2021, compared to $1.1 billion for the same period in 2020, down 4.7 percent. Second quarter comparable store sales decreased 5.8 percent on an individual year over year basis and increased 18.3 percent on a two-year stacked basis.

The Company's second quarter net income totaled $33.5 million compared to $41.5 million in 2020, down 19.3 percent. Second quarter earnings per share totaled...

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Aug 4 9:56 AM, General News


Weis Markets Reports First Quarter Results

Weis Markets reported its sales increased 2.1 percent to $1.0 billion during the thirteen-week period ended March 27, 2021, compared to the same period in 2020, while first quarter comparable store sales increased 1.4 percent.

The Company's first quarter net income decreased 9.1 percent to $24.3 million compared to $26.7 million in 2020, while earnings per share totaled $0.90 compared to $0.99 per share for the same period in 2020.

"The World Health Organization declared the novel coronavirus (COVID-19) a pandemic on March 11, 2020 which resulted in...

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May 5 8:26 AM, General News


Weis Markets Makes Progress in Reducing Its Environmental Impact

Weis Markets announced its continued progress toward reducing the company's overall environmental impact last year, achieving its goal of a 20 percent reduction of greenhouse gas emissions by 2020.

The company's progress is reported in the new 2020 Sustainability Report: Weis by Nature. The report details the company's progress during 2020, including new partnerships to divert food waste from landfills, innovative measures to reduce truck fleet fuel consumption, and a continued focus on conserving resources and...

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Apr 27 8:25 AM, General News


Weis Markets Reports Results For 2020 And Fourth Quarter

Weis Markets reported total sales of over $4.1 billion for the 52-week period ended December 26, 2020, up 16.1 percent compared to the same period a year ago, while annual comparable store sales increased 16.4 percent. Income from operations increased $78.5 million, or 92.8 percent over the same period in 2019 to $163.2 million.

The Company's net income for fiscal year 2020 increased 74.9 percent to $118.9 million compared to $68.0 million in 2019 while earnings per share for the same period increased $1.89 to $4.42 per share.

"The pandemic has been a supreme challenge for our communities and associates who continue to diligently serve our customers," said Jonathan H. Weis, Weis Markets' Chairman and Chief Executive Officer. "As previously noted in our third quarter results release, in-home meal consumption...

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Mar 10 10:12 AM, General News


Michael T. Lockard to Become Weis Markets' Senior Vice President and Chief Financial Officer

Weis Markets announced Michael T. Lockard, a long-time financial retail executive, will become the Company's Senior Vice President, Chief Financial Officer (CFO) and Treasurer. He will succeed Scott Frost, who is retiring.

To ensure a smooth transition, Mr. Frost will continue to serve as Chief Financial Officer until March 12, at which time Mr. Lockard will assume the role. As Weis Markets' Chief Financial Officer, Mr. Lockard will oversee the day-to-day management of the company's accounting, auditing and financial functions. He will report to Jonathan Weis, Weis Markets Chairman and Chief Executive Officer.

Mr. Lockard has more than 25 years of senior-level executive experience in retail, supermarket and... 

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Jan 21 8:28 AM, General News


Grocers Begin Offering the COVID-19 Vaccine

As shipments of the COVID-19 vaccine are being sent out around the United States, grocery chains are preparing to offer the vaccine through their pharmacies. Clearance for immunizations came in December, after the FDA authorized the use of the first COVID-19 vaccine developed by Pfizer and its German partner BioNTech SE. The second vaccine to be authorized was developed by Moderna, which the FDA stated can be given to people 18 years of age and older and cited the shot's high effectiveness in preventing COVID-19 in a large clinical study.

Kroger announced it will provide the COVID-19 vaccine nationwide across its 2,200 pharmacies and 220 clinics, partnering with the federal government and state health departments to administer the vaccine in accordance with...

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Jan 5 9:30 AM, Urner Barry







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