Amount
Latest price
$70.53
(£1.00 = $1.241)
Number of shares (est.)
0
Market Cap
$1.89B
P/E ratio
19.73
EPS
$3.561
Beta
0.54
Dividend rate
$1.36
Dividend yield
1.94%
Weis Markets, Inc. is principally engaged in the retail sale of food in Pennsylvania and surrounding states. The Company’s retail food stores sell 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 and household products. The store product selection includes national, local and private brands, including natural, gluten-free and organic varieties. It advertises its products and promotes its brand through digital and printed circulars; television ads; radio ads; e-mail blasts, and on-line via its Website, social media and mobile applications. The Loyalty program includes reward points that may be redeemed for discounts on items in store, at the Company’s fuel stations or at one of its third-party fuel station partners. It owns and operates 197 retail food stores, many of which have online order customer service.
CEO
Mr. Jonathan H. Weis
Employees
23,000
Sector
Food & Drink
Company HQ
SUNBURY, United States of America
Website
Weis Markets has a strong balance sheet with cash and marketable securities roughly equal to current liabilities, and no long-term debt. The company strategically opens more stores than it closes over time to grow slowly. Weis Markets is family-controlled, with the Weis family holding nearly 40% of shares.
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