Weis Markets chairman and CEO Jonathan Weis Archives

Weis Markets plans $135 million in capital spending

April 30, 2021 by MMR Weis Markets, Weis Markets chairman and CEO Jonathan Weis Leading Headlines, Retail News

SUNBURY, Pa.— Weis Markets Inc. plans to invest $135 million in its growth during 2021. Jonathan Weis, the retailer’s chairman, president and chief executive officer, announced the capital expenditures plan Thursday during the company’s annual shareholder meeting. He said the company continues to invest in new stores, remodels, fuel centers, information technology upgrades and more

Weis Markets posts 23.7% Q2 sales gain

August 4, 2020 by MMR Jonathan Weis, second-quarter results, Weis Markets, Weis Markets chairman and CEO Jonathan Weis, Weis Markets Inc. Leading Headlines, Money, Retail News

SUNBURY, Pa. — Weis Markets Inc. posted a second-quarter sales increase of 23.7%, to $1.1 billion, the company said Monday. Comparable store sales increased by 24.1% for the 13-week period. The Company’s second-quarter net income increased 102.5% to $41.5 million compared to $20.5 million in 2019, while earnings per share totaled $1.54 compared to $0.76 per share for the same period