-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, BYwkZaI8BnDJ+5pLHySOLqIgc1d5XhAYw7XgKOx7K7bHsJ1M3IokxFz8EtM8H9JR ghnaMiPzrhxQzfKleXuwNQ== 0000105418-09-000021.txt : 20090416 0000105418-09-000021.hdr.sgml : 20090416 20090416151505 ACCESSION NUMBER: 0000105418-09-000021 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20090328 ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20090416 DATE AS OF CHANGE: 20090416 FILER: COMPANY DATA: COMPANY CONFORMED NAME: WEIS MARKETS INC CENTRAL INDEX KEY: 0000105418 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-GROCERY STORES [5411] IRS NUMBER: 240755415 STATE OF INCORPORATION: PA FISCAL YEAR END: 1226 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-05039 FILM NUMBER: 09753629 BUSINESS ADDRESS: STREET 1: 1000 S SECOND ST STREET 2: PO BOX 471 CITY: SUNBURY STATE: PA ZIP: 17801 BUSINESS PHONE: 570-286-4571 MAIL ADDRESS: STREET 1: 1000 S SECOND ST STREET 2: PO BOX 471 CITY: SUNBURY STATE: PA ZIP: 17801 8-K 1 weis8k04162009.htm WEIS MARKETS, INC. FIRST QUARTER FINANCIAL NEWS 8-K Weis Markets, Inc. Form 8-K

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 8-K

CURRENT REPORT
Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934

April 16, 2009
Date of Report (Date of earliest event reported)
______________________________________________________

WEIS MARKETS, INC.
(Exact name of registrant as specified in its charter)
______________________________________________________

 

        Pennsylvania                                      1-5039                                                 24-0755415
(State or other jurisdiction                          (Commission                                            (IRS Employer
          of incorporation)                                    File Number)                                         Identification No.)

1000 South Second Street, Sunbury, PA 17801
(Address of principal executive offices) (Zip Code)

(570) 286-4571
Registrant's telephone number, including area code

N/A
(Former name or former address, if changed since last report.)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 


Item 2.02 Results of Operations and Financial Condition.

     On April 16, 2009, the Company released its earnings for the first quarter ended March 28, 2009. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by this reference.

Item 9.01 Financial Statements and Exhibits.

     (c) Exhibit.
           99.1 Weis Markets, Inc. April 16, 2009 press release announcing its first quarter 2009 earnings.


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

WEIS MARKETS, INC.                                             

Dated: April 16, 2009

By:  /s/ William R. Mills                                                   

                                           William R. Mills                                                   
Senior Vice President, Treasurer                          
and Chief Financial Officer                                  

 

 

 


EXHIBIT INDEX

 

Exhibit No.                                                                             Description                                                                              

  99.1            Weis Markets, Inc. April 16, 2009 press release announcing its first quarter 2009 earnings.

EX-99 2 weis8k04162009exhibit991.htm WEIS MARKETS, INC. FIRST QUARTER FINANCIAL NEWS RELEASE

EXHIBIT 99.1   

WEIS MARKETS, INC. 1000 S. 2nd Street
  Sunbury, Pennsylvania 17801
  Phone 570-286-3636
  Fax 570-286-3692
Press Release
Contact: Dennis V. Curtin FOR IMMEDIATE RELEASE
Phone: (570) 847-3636 April 16, 2009
E-Mail: Dcurtin@weismarkets.com  
WEIS MARKETS 1st QUARTER EARNINGS INCREASE 82.4%

     (Sunbury, PA) - Weis Markets, Inc. (NYSE: WMK) today said its first quarter net income increased 82.4% to $16.5 million compared to the same period a year ago and that its basic and diluted earnings per share increased $.27 to $.61 per share.

     For the thirteen-week period ending March 28, 2009, the Company's sales increased 1.8% to $606.2 million and its comparable store sales increased 1.6%. The Company's sales were impacted by the late Easter holiday sales period, which occurred in the first quarter of 2008.

     "Our results reflect the continued improvement in our operating performance. We have done a better job at balancing the needs of our business and managing our expenses. These improvements are clearly apparent in our income from core operations, which increased 154.2% in the first quarter," said David J. Hepfinger, Weis Markets' President and CEO. "It is also important to note that we operate in a difficult sales environment. Our core markets are clearly affected by higher unemployment rates and a record low consumer confidence index, which has resulted in cautious overall spending by our customers."

     Founded in 1912, Weis Markets, Inc. is a Mid-Atlantic food retailer operating 154 stores in five states: Pennsylvania, Maryland, New Jersey, New York and West Virginia.

# # #

     In addition to historical information, this news release may contain forward-looking statements. Any forward-looking statements contained herein are subject to certain risks and uncertainties that could cause actual results to differ materially from those projected. For example, risks and uncertainties can arise with changes in: general economic conditions, including their impact on capital expenditures; business conditions in the retail industry; the regulatory environment; rapidly changing technology and competitive factors, including increased competition with regional and national retailers; and price pressures.

     The Company undertakes no obligation to publicly revise or update these forward-looking statements to reflect events or circumstances that arise after the date hereof other than through its periodic filings with the Securities and Exchange Commission that are available to the public.

 


Weis Markets, Inc.
Comparative Summary of Unaudited Sales & Earnings
First Quarter - 2009
  13 Week 13 Week  
  Period Ended Period Ended Increase
  March 28, 2009 March 29, 2008 (Decrease)
Net Sales $606,239,000 $595,666,000 1.8% 
Income Before Taxes 25,546,000 12,966,000 97.0% 
Provision for Income Taxes     9,028,000   3,910,000 130.9% 
Net Income $16,518,000 $9,056,000   82.4% 
       
Weighted-Average      
     Shares Outstanding 26,959,000 26,968,000 (9,000)
Basic and Diluted      
     Earnings Per Share $0.61 $0.34 $0.27 
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