Overview

* Weis Markets ( WMK ) Q2 net sales rose 2.8% to $1.22 bln

* Adjusted for Easter shift, sales grew 1.6%

* Q2 net income increased 1.0% to $26.53 mln, EPS marginally higher at $1.01

Outlook

* Weis Markets ( WMK ) notes cautious customer spending impacting market conditions

* Company highlights macroeconomic uncertainty affecting future outlook

* Expects to open new store in Charlotte Hall, Maryland, later this summer

Result Drivers

* PRICE INVESTMENTS - Co says it made significant price investments amid cautious customer spending

* STORE OPENINGS - New store opened in Maryland's Frederick County, contributing to growth

* EASTER HOLIDAY SHIFT - Sales adjusted for Easter shift increased by 1.6%

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q2 Sales $1.22

bln

Q2 EPS $1.01

Q2 Net $26.53

Income mln

Press Release:

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)