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Weis Markets, Inc.
As of May 30, 2026 at 24:05 UTC
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About Weis Markets, Inc.
Weis Markets Inc is a U.S.-based company that is principally engaged in retailing food products in Pennsylvania and surrounding states. The company's products mainly belong to the following categories: center-store goods, fresh goods, pharmacy services, fuel, and others. The center-store goods include groceries, dairy products, frozen foods, alcoholic beverages, and general merchandise items. The fresh goods include meats, seafood, floral, prepared foods, and bakery products. The company operates in a single segment, which is the retail segment. It derives revenues from customers through the retail sale of products including grocery, pharmacy and fuel from company owned supermarkets. The company derives all its revenue from sales within Pennsylvania and surrounding states.
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Latest News
5 articlesWeis Markets, Inc. (NYSE:WMK) announced a quarterly dividend of $0.34 per share for shareholders of record as of May 11, 2026, payable on May 26, 2026. The Mid-Atlantic food retailer operates 201 stores across seven states.
Law firm Bragar Eagel & Squire is investigating Weis Markets for potential securities law violations following the company's disclosure on February 26, 2026 that it will restate financial statements from fiscal years 2022-2024 and 2025 interim statements due to inaccurately recorded and overstated inventory. The announcement triggered a 7.16% stock price decline, dropping from $71.51 to $66.39 per share.
Pomerantz LLP is investigating securities fraud claims against Weis Markets following the company's disclosure on February 26, 2026, that it will restate financial statements for fiscal years 2022-2024 and interim 2025 statements due to overstated inventory. The announcement triggered a 7.16% stock price decline. The law firm is also investigating similar claims against GoDaddy Inc. and Sempra.
The Schall Law Firm is investigating Weis Markets, Inc. (NYSE: WMK) for potential securities law violations. The company disclosed on February 26, 2026, that it must restate multiple audited financial statements from previous years due to overstated inventory and will delay filing its 2025 annual report. Following this disclosure, Weis Markets' stock fell approximately 7.2%.
Weis Markets disclosed on February 26, 2026 that it will restate financial statements for fiscal years 2022-2024 and interim 2025 statements due to inaccurately recorded and overstated inventory. The announcement triggered a 7.16% stock price decline. Law firm Kirby McInerney LLP is investigating potential federal securities law violations by the company and its senior management.