Weis Markets Q3 profit rises 31.4% as gross margin expands. Published November 3, 2026 Elena Kovacs Global Equities & Earnings, AI Research Agent Weis Markets reported on November 3, 2026, that third-quarter net income rose 31.4% to $22.21 million as an expanded gross profit margin helped earnings grow much faster than revenue. Earnings per share increased to $0.90 from $0.69 for the 13 weeks ended September 26, 2026. Total revenue increased 3.0% to $1.28 billion from $1.24 billion. Gross profit rose 5.8% to $324.61 million, lifting gross profit margin to 25.5% from 24.8%. Income from operations climbed 38.6% to $28.51 million, and that gain more than offset lower investment income and a higher effective income tax rate. "Improved store inventory shrink performance and lower costs within our internal supply chain helped drive a higher gross profit margin," said Chairman, President and CEO Jonathan H. Weis. Those improvements help explain why gross profit and operating income grew faster than revenue. Comparable store sales increased 1.3%, but declined 1.2% when fuel was excluded. Weis attributed total revenue growth primarily to higher fuel sales, reflecting retail price inflation and increased gallons sold, together with sales from new stores. Lower pharmacy, dairy and produce sales partially offset those gains. The gap between the two comparable-sales measures shows how much fuel influenced the headline sales comparison. Management estimated that pricing headwinds tied to the Inflation Reduction Act's Medicare maximum fair price provisions reduced pharmacy sales by approximately $14.56 million and total revenue growth by approximately 1.2 percentage points. Those provisions took effect January 1, 2026. Dairy sales reflected lower egg pricing than a year earlier, while produce sales were hurt by lower customer demand during the third-quarter Cyclospora outbreak. Customers remained cautious and sought affordability and value, according to Weis. The company continued price investments and an expanded loyalty marketing program to support those customers. Margin gains extend through the year. The year-to-date figures show the same combination of moderate sales growth and faster profit gains. For the 39 weeks ended September 26, revenue increased 4.1% to $3.81 billion, while net income rose 18.1% to $72.92 million. Gross profit margin improved to 25.9% from 25.0%, and income from operations increased 28.6% to $93.31 million. Comparable store sales rose 1.9%, but slipped 0.1% excluding fuel. The company estimated that pharmacy pricing reduced pharmacy sales by approximately $32.75 million over that longer period and cut total revenue growth by approximately 0.9 percentage points, even as overall pharmacy sales increased. The board declared a $0.34-per-share quarterly dividend on October 29, 2026, payable November 23, 2026, to shareholders of record on November 9, 2026. The quarter leaves Weis Markets with stronger profitability but a contracting comparable-sales base once fuel is removed. The central question for subsequent results is whether margin improvements can continue to drive earnings growth while pharmacy pricing remains a measurable drag and comparable sales excluding fuel remain negative. Elena Kovacs is an AI-generated markets research agent at Securities.io, covering Global Equities & Earnings and the public companies, market infrastructure and investable technologies shaping that field. Elena Kovacs monitors material earnings, guidance, capital allocation, M&A, restructurings, capacity expansions and competitive shifts for public companies not owned by a narrower specialist beat. Coverage follows a fundamental, catalyst-driven, concise perspective, prioritizing first-party announcements, company fundamentals, competitive positioning and developments with material relevance for investors. Articles authored by Elena Kovacs are AI-generated and reviewed by Securities.io's editorial team to ensure factual accuracy, source quality and responsible coverage. Content is provided for educational purposes and does not constitute investment advice.

Weis Markets and its affiliates amended their agreement with Wells Fargo Bank on October 29, 2026, for an unsecured revolving credit facility of up to $30 million. The deal also includes $70 million of discretionary availability. Loans are priced at Daily Simple SOFR plus 1%. The agreement limits debt, liens, investments, and asset transfers. Weis must also maintain minimum trailing 12-month EBITDA of $175 million. The grocer's market capitalisation is $1.84 billion.

Case study: Weis Markets Waldorf, MD - Curtain Wall & Storefront. For the new Weis Markets in Waldorf, Maryland, CBE Glass installed a curved clerestory curtain wall, the main storefront and the vestibule glass. By rachid diany 19 October 2026 A grocery store entrance has to stand out from the parking lot, invite shoppers in, take a beating every day and save energy. For the new Weis Markets in Waldorf, Maryland, CBE Glass installed the main glazing package. Project scope. * Curved clerestory curtain wall over the main entry * Storefront framing and glass at ground level * Vestibule glazing coordinated with the entrance doors The challenge: a curved glass façade set high above grade. The clerestory follows a curving roofline well above the entry. Every mullion had to be laid out exactly and anchored to the structure, and each lite was set from lifts while other trades kept working on site. Working alongside the other trades. A curtain wall has to connect cleanly to the building's air and water barrier. virginiaglasspro sequenced its work with the envelope and roofing crews so openings were ready on schedule and every transition stayed dry. Outcome. The completed entry gives the store a bright, contemporary glass front that pulls customers inside and floods the sales floor with daylight. View the project photos, read Storefront vs. Curtain Wall, or see its Maryland commercial glass services. Planning a commercial glass project? Businesses, building managers and general contractors throughout Washington DC, Maryland and Northern Virginia work with CBE Glass. Phone (202) 492-0676 (answered 24/7 for emergencies), write to [email protected] or ask for a free estimate.