Weis Markets Completes Asset Acquisition
Ticker: WMK · Form: 8-K · Filed: May 8, 2024 · CIK: 105418
| Field | Detail |
|---|---|
| Company | Weis Markets Inc (WMK) |
| Form Type | 8-K |
| Filed Date | May 8, 2024 |
| Risk Level | low |
| Pages | 1 |
| Reading Time | 2 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: acquisition, assets
TL;DR
Weis Markets just bought some assets, deal closed May 8th.
AI Summary
On May 8, 2024, Weis Markets, Inc. filed an 8-K report detailing the completion of an acquisition. The filing indicates the company has acquired assets, though specific details regarding the seller or the financial value of the transaction are not provided in this excerpt.
Why It Matters
This filing signals a strategic move by Weis Markets to expand its operations through the acquisition of assets, potentially impacting its market share and future financial performance.
Risk Assessment
Risk Level: low — The filing is a standard disclosure of an asset acquisition and does not inherently present immediate risks to the company.
Key Players & Entities
- Weis Markets, Inc. (company) — Registrant
- May 8, 2024 (date) — Date of earliest event reported
- Pennsylvania (location) — State of incorporation
- Sunbury, PA (location) — Principal executive offices
FAQ
What specific assets were acquired by Weis Markets, Inc.?
The provided excerpt does not specify the nature or type of assets acquired by Weis Markets, Inc.
Who was the seller in this asset acquisition transaction?
The filing excerpt does not disclose the identity of the seller from whom Weis Markets, Inc. acquired assets.
What was the financial value of the completed asset acquisition?
The financial amount or valuation of the asset acquisition is not detailed in this portion of the 8-K filing.
When did the acquisition of assets officially close?
The report indicates that the earliest event reported, which includes the completion of the acquisition, occurred on May 8, 2024.
What is the primary business of Weis Markets, Inc.?
Weis Markets, Inc. is identified as being in the 'RETAIL-GROCERY STORES' industry.
Filing Stats: 427 words · 2 min read · ~1 pages · Grade level 10.2 · Accepted 2024-05-08 16:38:27
Filing Documents
- wmk-20240508x8k.htm (8-K) — 35KB
- wmk-20240508xex99.htm (EX-99) — 109KB
- wmk-20240508xex99001.jpg (GRAPHIC) — 7KB
- 0000105418-24-000032.txt ( ) — 266KB
- wmk-20240508.xsd (EX-101.SCH) — 3KB
- wmk-20240508_lab.xml (EX-101.LAB) — 15KB
- wmk-20240508_pre.xml (EX-101.PRE) — 9KB
- wmk-20240508x8k_htm.xml (XML) — 4KB
02 Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial Condition. On May 8, 2024, the Company released its earnings for the first quarter ended March 30, 2024. A copy of the news release is attached hereto as Exhibit 99.1 and is incorporated herein by this reference.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibit. 99.1 Weis Markets, Inc. May 8, 2024, news release announcing the first quarter ended March 30, 2024 earnings.
SIGNATURES
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. By: /s/Michael T. Lockard Name: Michael T. Lockard Title: Senior Vice President, Chief Financial Officer and Treasurer (Principal Financial Officer) Dated: May 8, 2024