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Weis Markets operates as a grocery and pharmacy retailer serving the Mid-Atlantic United States, with stores in Pennsylvania, Maryland, New York, New Jersey, West Virginia, Virginia, and Delaware. It sells a wide range of products from fresh produce to pantry staples and offers pharmacy services, aiming to be a convenient one-stop shop for everyday needs. The business relies on traditional brick-and-mortar stores and uses weekly circulars and digital coupons to attract and retain shoppers. Weis Markets differentiates itself through a community-focused approach, emphasizing local presence and customer value rather than relying on online-only or rapid delivery models. Its goal is to provide value and affordability to the neighborhoods it serves while integrating food and health-related needs in a single location.
Industries
Food & Agriculture
Healthcare
Consumer Goods
Company Size
5,001-10,000
Company Stage
IPO
Headquarters
Sunbury, Pennsylvania
Founded
1912
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Health Insurance
Dental Insurance
Vision Insurance
401(k) Retirement Plan
Paid Vacation
Paid Sick Leave
Employee Assistance Program
Pet Insurance
WMK INVESTOR ALERT: Kirby McInerney LLP investigates potential claims involving Weis Markets, Inc. NEW YORK, March 17, 2026 (GLOBE NEWSWIRE) - The law firm of Kirby McInerney LLP continues its investigation on behalf of Weis Markets, Inc. ("Weis Markets" or the "Company") (NYSE:WMK) investors concerning the Company's and/or members of its senior management's possible violation of the federal securities laws and other unlawful business practices. What Happened? On February 26, 2026, Weis Markets filed a Form 8-K disclosing that certain previously issued financial statements, including audited financial statements for fiscal years 2022 through 2024 and interim financial statements in 2025, will be restated due to inaccurately recorded and overstated inventory. The Company also announced that it will delay the filing of its 2025 Annual Report on Form 10-K while it completes the review and restatement process. On this news, the price of Weis Market shares declined by $5.12 per share, or approximately 7.16%, from $71.51 per share on February 25, 2026 to close at $66.39 on February 26, 2026. What Should I Do? At this stage, no lawsuit has been filed. The investigation is ongoing to determine whether claims may be brought under federal securities laws. If you purchased or otherwise acquired Weis Markets securities, have information, or would like to learn more about this investigation, please contact Lauren Molinaro of Kirby McInerney LLP by email at [email protected], or fill out the contact form below, to discuss your rights or interests with respect to these matters at no cost. Kirby McInerney LLP is a New York-based plaintiffs' law firm concentrating in securities, antitrust, whistleblower, and consumer litigation. The firm's efforts on behalf of shareholders in securities litigation have resulted in recoveries totaling billions of dollars. Additional information about the firm can be found at Kirby McInerney LLP's website.
Weis Markets anchors growth at Fairway Village. Strong retail centers are built on strong fundamentals. At MCB, that means investing in high-growth markets, partnering with experienced developers, and securing anchors that create daily activity and long-term value. The recent opening of Weis Markets at Fairway Village is a clear example of how those ingredients come together. MCB co-developed Fairway Village in partnership with Eric Bailey and Rick Bailey of Generation Properties. From the beginning, the vision was to create a destination retail center designed to serve the growing Waldorf community and support the continued evolution of this corridor. Investing where the fundamentals are strong. MCB is a nationwide investment and development firm with approximately $4 billion in assets under management and more than 6 million square feet under development. Its portfolio reflects a disciplined investment strategy focused on markets where population growth, infrastructure investment, and strong traffic patterns support long-term success. That strategy is already visible in Waldorf. Just down the road from Fairway Village, MCB recently delivered apartments at The Ironwood at Waldorf Station, another project supporting the area's rapid growth. Waldorf continues to demonstrate the fundamentals MCB Real Estate LLC look for: expanding infrastructure, increasing residential development, and a growing population that supports new retail and mixed-use investment. In communities experiencing this kind of momentum, successful retail centers share a common ingredient: something that brings people back every single day. The power of the grocery anchor. Grocery is more than a store. In retail real estate, it is one of the most reliable economic engines a center can have. A grocery anchor drives daily visitation, supports surrounding tenants, and provides the predictable traffic patterns that retailers and investors look for when evaluating a market. That is why the opening of Weis Markets at Fairway Village represents such an important milestone. When Weis committed to the project, the impact was immediate. Retailers recognized the draw that a trusted grocery operator brings, and the center quickly gained momentum. Today, Fairway Village is 97% leased, with several retailers opening their first locations in charles county. This is a strong signal of both retailer demand and investor confidence in this growing market. From dirt to destination. The speed of transformation at Fairway Village has been remarkable. Just twenty-one months ago, the site was little more than a construction zone. Today, it is a vibrant retail destination anchored by Weis Markets and supported by a diverse mix of complementary tenants. And the story does not stop with retail. Earlier this month, MCB sold nine acres adjacent to the center to a national homebuilder that plans to deliver 184 for-sale multifamily condominium units. Together, the residential development and retail center represent nearly $125 million in new investment along this corridor. Groundbreaking for the residential project is scheduled for April, with first home deliveries expected by the end of 2026. Those homes will bring new homeowners, new rooftops, and new customers to the area, reinforcing the long-term vitality of Fairway Village and the surrounding community. Planting the seed for long-term growth. The opening of Weis Markets marks an important milestone for Fairway Village, but it is only the beginning. With a thriving grocery anchor, a nearly fully leased retail center, and new residential development on the horizon, the project is positioned to become a cornerstone of the Waldorf community. At MCB, MCB Real Estate LLC believe great developments are designed not just to open, but to grow. Fairway Village is exactly that, a project built to mature over time, support local businesses, and create lasting value for the community for generations to come. Case Study Transforming Space in New York's Hudson Valley: A Leasing Success Story at Hudson Valley Plaza Case Study March 23, 2026 MCB Real Estate Continues Momentum with $1.3 Billion in Acquisitions in 2025 January 15, 2026 A Blueprint for Urban Redevelopment Through Capital Stacking and Partnership Case Study June 26, 2025 Media & press. Media Inquiries Jarnell Swecker Managing Director, Marketing
Weis Markets has reported fiscal year 2025 total revenue of $4.96 billion, up 3.5% year-on-year, with comparable store sales excluding fuel rising 2.1%. The Mid-Atlantic food retailer opened five new stores and completed seven major remodels whilst achieving 21% growth in e-commerce sales. Fourth quarter revenue reached $1.30 billion, a 5.0% increase from the prior year, though net income fell 5.1% to $31.96 million. Full-year net income decreased 11.6% to $93.69 million, with earnings per share of $3.65 compared to $3.94 in 2024. The company, which operates 202 stores across seven states, declared a quarterly dividend of $0.34 per share. Results include restated financial statements following corrections to overstated inventory amounts.
WMK SHAREHOLDER ALERT: investors encouraged to contact Kirby McInerney LLP about potential securities laws violations. Wednesday, 11 March 2026 07:00 PM Class action. NEW YORK CITY, NY / ACCESS Newswire / March 11, 2026 / (ACCESSWIRE)-The law firm of Kirby McInerney LLP reminds investors its investigation on behalf of Weis Markets, Inc. ("Weis Markets" or the "Company") (NYSE:WMK) investors concerning the Company's and/or members of its senior management's possible violation of the federal securities laws or other unlawful business practices. What Happened? On February 26, 2026, Weis Markets filed a Form 8-K disclosing that certain previously issued financial statements, including audited financial statements for fiscal years 2022 through 2024 and interim financial statements in 2025, will be restated due to inaccurately recorded and overstated inventory. The Company also announced that it will delay the filing of its 2025 Annual Report on Form 10-K while it completes the review and restatement process. On this news, the price of Weis Market shares declined by $5.12 per share, or approximately 7.16%, from $71.51 per share on February 25, 2026 to close at $66.39 on February 26, 2026. What Should I Do? At this stage, no lawsuit has been filed. The investigation is ongoing to determine whether claims may be brought under federal securities laws. If you purchased or otherwise acquired Weis Markets securities, have information, or would like to learn more about this investigation, please contact Lauren Molinaro of Kirby McInerney LLP by email at [email protected], or fill out the contact form below, to discuss your rights or interests with respect to these matters at no cost. Kirby McInerney LLP is a New York-based plaintiffs' law firm concentrating in securities, antitrust, whistleblower, and consumer litigation. The firm's efforts on behalf of shareholders in securities litigation have resulted in recoveries totaling billions of dollars. Additional information about the firm can be found at Kirby McInerney LLP's website.
Weis Markets has delayed filing its annual report for the fiscal year ended 27 December 2025, requiring additional time to review and restate historical financial statements due to incorrectly recorded inventory amounts. The company expects to file by 12 March 2026, though further delays are possible. The grocer estimates overstated inventory of up to $22 million as of September 2025, representing approximately 6.7% of inventories and 1.1% of total assets. The error accumulated over multiple reporting periods, and final adjustments may differ from preliminary estimates. Despite the accounting issues, Weis Markets reported net sales of $4.96 billion for fiscal 2025, up 3.5% from $4.79 billion in fiscal 2024. The Pennsylvania-based retailer operates 203 stores across seven Mid Atlantic states.
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Industries
Food & Agriculture
Healthcare
Consumer Goods
Company Size
5,001-10,000
Company Stage
IPO
Headquarters
Sunbury, Pennsylvania
Founded
1912
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