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WEIS MARKETS REPORTS THIRD QUARTER 2025 RESULTS

1. WMK's Q3 sales rose to $1.24 billion, a 4.4% increase. 2. Comparable store sales improved 2.5% year-over-year, driven by customer engagement. 3. Net income fell 29.4% to $18.23 million due to prior-year asset gains. 4. Quarterly dividend remains at $0.34 per share, reflecting stability. 5. Investment in technology and associates aims to enhance efficiencies long-term.

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Despite declining net income, increased sales and dividends indicate positive growth potential. Historical data shows that consistent sales growth can lead to market confidence.

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The article provides key insights into financial performance, which directly influences investor perception. Continued revenue growth and dividend stability can affect WMK’s stock attractiveness.

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Ongoing investments suggest potential for future growth, aligning with long-term value creation. Companies with sustained revenue growth often see stock appreciation over time.

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Company's third quarter comparable store sales excluding fuel increased 2.5 percent , /PRNewswire/ -- Weis Markets, Inc. (NYSE: WMK) today reported its financial results for the 13-week third quarter and 39-week year-to-date period ended September 27, 2025. "We are grateful for the hard work and dedication of our associates for their excellent service and commitment to our customers and communities every day," said Weis Markets, Inc. Chairman, President, and CEO Jonathan H. Weis. "Despite ongoing cautious consumer spending and macroeconomic uncertainty in the third quarter, our team increased net sales and gross profits through successful customer engagement and operational excellence. We are also focused on prudent cost management." Mr. Weis added, "We continue to make significant investments in our associates, technologies, and facilities that will improve efficiencies, enhance customer experience, and generate long-term shareholder value." Third Quarter 2025 Results Net sales and other revenue totaled $1.24 billion for the 13-week third quarter ended September 27, 2025, compared to $1.19 billion for the same period in 2024, up 4.4 percent. Third quarter comparable store sales excluding fuel increased 2.5 percent on an individual year-over-year basis and increased 5.5 percent on a two-year stacked basis. The Company's third quarter net income totaled $18.23 million compared to $25.84 million in 2024, down 29.4 percent. Adjusted for the weighted-average shares outstanding for the applicable reporting period, third quarter earnings per share totaled $0.74 compared to $0.96 per share for the same period in 2024.  The third quarter net income in 2024 included a $4.58 million pre-tax gain on disposition of fixed assets. Year-To-Date 2025 ResultsNet sales and other revenue totaled $3.66 billion for the 39-week year-to-date period ended September 27, 2025, compared to $3.56 billion for the same period in 2024, up 2.9 percent. Year-to-date comparable store sales excluding fuel increased 1.9 percent on an individual year-over-year basis and increased 4.1 percent on a two-year stacked basis. The Company's year-to-date net income totaled $65.24 million, compared to $75.26 million in 2024, down 13.3 percent. Adjusted for the weighted-average shares outstanding for the applicable reporting period, year-to-date earnings per share totaled $2.51 compared to $2.80 per share for the same period in 2024. The year-to-date net income amount this year included $1.24 million in pre-tax related party share purchase agreement transaction expenses, while the year-to-date net income amount in 2024 included a $4.58 million pre-tax gain on disposition of fixed assets. Quarterly Cash Dividend The Weis Markets, Inc. Board of Directors declared on October 30, 2025, a quarterly cash dividend of $0.34 per share to shareholders of record as of November 10, 2025, payable on November 24, 2025. About Weis MarketsFounded in 1912, Weis Markets, Inc. is a Mid Atlantic food retailer currently operating 201 stores in Pennsylvania, Maryland, Delaware, New Jersey, New York, West Virginia and Virginia. For more information, please visit: WeisMarkets.com or Facebook.com/WeisMarkets. In addition to historical information, this news release may contain forward-looking statements, which are included pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. 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; tariffs and trade policies; business conditions and trends in the retail industry; the regulatory environment; rapidly changing technology, including cybersecurity and data privacy risks, and competitive factors, including increased competition with regional and national retailers; and price pressures. Readers are cautioned not to place undue reliance on forward-looking statements, which reflect Management's analysis only as of the date hereof. 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. Readers should carefully review the risk factors described in other documents the Company files periodically with the Securities and Exchange Commission. Management is also providing a two-year stacked comparable store sales analysis, a non-GAAP measure, because Management believes this metric is useful to investors and analysts. It is not recommended that the two-year-stacked analysis be considered a substitute for the Company's operating results as reported in accordance with GAAP. WEIS MARKETS, INC. CONDENSED CONSOLIDATED STATEMENTS OF INCOME Third Quarter – 2025 (Unaudited) 13 Weeks Ended 39 Weeks Ended (amounts in thousands, except shares and per share amounts) September 27, 2025 September 28, 2024 September 27, 2025 September 28, 2024 Net sales $ 1,238,208 $ 1,186,232 $ 3,649,492 $ 3,546,602 Other revenue 4,099 3,875 12,387 12,175 Total revenue 1,242,307 1,190,107 3,661,879 3,558,777 Cost of sales, including advertising, warehousing anddistribution expenses 933,619 895,092 2,745,325 2,669,728 Gross profit on sales 308,688 295,015 916,554 889,049 Operating, general and administrative expenses 286,313 265,457 839,207 799,640 Income from operations 22,375 29,558 77,347 89,409 Investment income (loss) and interest expense 3,276 7,848 12,981 17,461 Other income (expense) (1,565) (1,621) (3,370) (3,429) Income before provision for income taxes 24,086 35,785 86,958 103,441 Provision for income taxes 5,853 9,945 21,721 28,178 Net income $ 18,233 $ 25,840 $ 65,237 $ 75,263 Weighted-average shares outstanding, basic and diluted 24,744,597 26,898,443 25,999,035 26,898,443 Cash dividends per share $ 0.34 $ 0.34 $ 1.02 $ 1.02 Basic and diluted earnings per share $ 0.74 $ 0.96 $ 2.51 $ 2.80 WEIS MARKETS, INC. INDIVIDUAL YEAR-OVER-YEAR ANALYSIS OF SALES Third Quarter – 2025 (Unaudited) Percentage Change 2025 vs. 2024 September 27, 2025 13 Weeks Ended 39 Weeks Ended Net sales 4.4 % 2.9 % Net sales, excluding fuel 4.2 2.9 Comparable store sales (individual year) 2.5 1.7 Comparable store sales, excluding fuel (individual year) 2.5 1.9 WEIS MARKETS, INC. TWO-YEAR STACKED COMPARABLE STORE SALES Third Quarter – 2025 (Unaudited) Percentage Change 13 Weeks Ended September 27, 2025 2025 vs. 2024 2024 vs. 2023 Comparable store sales (individual year) 2.5 % 2.5 % Comparable store sales (two-year stacked) 5.0 Comparable store sales, excluding fuel (individual year) 2.5 3.0 % Comparable store sales, excluding fuel (two-year stacked) 5.5 Percentage Change 39 Weeks Ended September 27, 2025 2025 vs. 2024 2024 vs. 2023 Comparable store sales (individual year) 1.7 % 2.0 % Comparable store sales (two-year stacked) 3.7 Comparable store sales, excluding fuel (individual year) 1.9 2.2 % Comparable store sales, excluding fuel (two-year stacked) 4.1 SOURCE Weis Markets

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