WMK Q1 2023 Earnings — Weis Markets, Inc. Revenue & Financial Results | Market Cap Arena

WMKWeis Markets, Inc.

$2B

Q1 2023 Earnings

Consumer Defensive Grocery Stores

Income Statement

Revenue

$1.1B+3.7% YoY

Gross Profit

$286M25.0% margin

Operating Income

$33M2.8% margin

Net Income

$26M2.3% margin

EPS (Diluted)

$0.96

QoQ Revenue Growth

-12.3%

Cash Flow

Operating Cash Flow

$8M

Free Cash Flow

-$10M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$1.9B

Total Liabilities

$624M

Stockholders' Equity

$1.3B

Cash & Equivalents

$114M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.1B	$1.1B	+3.7%
Gross Profit	$286M	$294M	-2.7%
Operating Income	$33M	$41M	-21.2%
Net Income	$26M	$31M	-17.8%

Revenue Segments

Grocery

$970M85%

Pharmacy

$119M10%

Fuel, Product

$54M5%

Manufacturing

$3M0%