Weis Markets Q1 Revenue Up 4.6% to $1.26 B, EPS Rises to $1.13
First-quarter revenue rose 4.6% year-over-year to $1.26 billion, driving net income up 42.5% to $27.85 million and EPS to $1.13. Comparable-store sales excluding fuel increased 1.2% year-over-year (2.2% two-year stacked) while Weis declared a $0.34 quarterly dividend.
1. Q1 Financial Performance
Weis Markets reported first-quarter total revenue of $1.26 billion, a 4.6% increase from last year, with gross profit on sales reaching $330.25 million. Net income climbed 42.5% to $27.85 million and earnings per share rose to $1.13 from $0.73, while comparable-store sales excluding fuel grew 1.2% year-over-year and 2.2% on a two-year stacked basis.
2. Pharmacy Revenue Headwinds
Pharmacy revenue was adversely impacted by approximately $7.48 million due to Inflation Reduction Act Medicare maximum fair price provisions on ten drugs effective January 1, 2026, tempering segment growth despite overall revenue gains.
3. Capital Investments and Dividend
In 2025 the company completed 17 large capital projects—including five new stores, seven major remodels and five fuel centers—and more than 1,000 smaller facility upgrades to enhance efficiency and customer experience. The board declared a quarterly cash dividend of $0.34 per share, payable May 26 to shareholders of record as of May 11, 2026.