Weis Markets Q2 Revenue +4.6% to $1.28B; Net Income -9.6%

Weis Markets reported its second quarter 2026 results, with total revenue increasing 4.6% to $1.28 billion and comparable store sales up 2.3%. Despite sales growth, net income for the quarter decreased 9.6% to $22.86 million, resulting in diluted EPS of $0.92. The company noted that pharmacy revenue was unfavorably impacted by $10.71 million due to the Inflation Reduction Act. For the year-to-date, total revenue also grew 4.6% to $2.53 billion, and net income increased 13.1% to $50.71 million. The Board of Directors declared a quarterly cash dividend of $0.34 per share.