Weis Markets Stock

Weis Markets, Inc. (Weis Markets) engages principally in the retail sale of food in Pennsylvania and surrounding states.

The majority of the company's stores are concentrated in central and northeast Pennsylvania, central Maryland, suburban Washington, DC and Baltimore regions and New York's Southern Tier.

The company's retail food stores sell groceries, dairy products, frozen foods, meats, seafood, fresh produce, floral, pharmacy services, deli products, prepared foods, bakery products, beer and wine, fuel and general merchandise items, such as health and beauty care and household products. The store product selection includes national, local and private brands, including natural, gluten-free and organic varieties.

The company advertises its products and promotes its brand through digital and printed circulars; television ads; radio ads; e-mail blasts; and on-line via its web site, social media and mobile applications.

The company owns and operates various retail food stores many of which have on-line order customer service. The majority of the company's revenues are generally not seasonal in nature. However, revenues tend to be higher during the major holidays throughout the year (year ended December 2023). Additionally, significant inclement weather systems, particularly winter storms, tend to affect sales trends.

The company operates various stores in Delaware, Maryland, New Jersey, New York, Pennsylvania, Virginia, and West Virginia, for some retail food stores operating under the Weis Markets trade name. All retail food store locations operate as conventional supermarkets. The retail food stores range in size from 8,000 to 71,000 square feet, with an average size of approximately 49,000 square feet. The company's store fleet includes a variety of sizes with a few locations in operation since the 1950s; all stores are branded Weis Markets and provide the same basic offerings scaled to the size of each store. Utilizing its own strategically located distribution center and transportation fleet, Weis Markets self distributes approximately 56% of product supplied to stores with the remaining being supplied by direct store vendors and regional wholesalers. In addition, the company has three manufacturing facilities which process milk, ice cream and fresh meat products.

The company continues to be a member of the EPA GreenChill program for advancing environmentally beneficial refrigerant management systems. The company has stores certified under this program and plans to expand this program to more stores. Since 2017, the company has replaced 96% of its stores fluorescent lighting with more energy efficient and environmentally friendly LED lighting.

The company has provided additional product offerings and customer conveniences such as 'Weis 2 Go Online', offered at various store locations. 'Weis 2 Go Online' allows the customer to order on-line and have their order delivered or picked up at an expedient store drive-thru. The company also offers home delivery to customers in some of its locations via multiple grocery delivery partners.

Trade Names and Trademarks

The company has invested significantly in the development and protection of 'Weis Markets' both as a trade name and a trademark and considers it to be an important asset. The company is the exclusive licensee of nearly 125 trademarks registered and/or pending in the United States Patent and Trademark Office from WMK Holdings, Inc., including trademarks for its product lines and promotions such as Weis, Weis 2 Go, Weis Great Meals Start Here, Weis Gas-n-Go and Weis Nutri-Facts. Each trademark registration is for an initial period of 10 years.

History

Weis Markets, Inc., a Pennsylvania business corporation, was founded by Harry and Sigmund Weis in 1912. The company was incorporated in 1924.