Weis Markets Completes Asset Acquisition

Ticker: WMK · Form: 8-K · Filed: 2024-05-08T00:00:00.000Z

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

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.

From the Filing

0000105418-24-000032.txt : 20240508 0000105418-24-000032.hdr.sgml : 20240508 20240508163827 ACCESSION NUMBER: 0000105418-24-000032 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 15 CONFORMED PERIOD OF REPORT: 20240508 ITEM INFORMATION: Completion of Acquisition or Disposition of Assets ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20240508 DATE AS OF CHANGE: 20240508 FILER: COMPANY DATA: COMPANY CONFORMED NAME: WEIS MARKETS INC CENTRAL INDEX KEY: 0000105418 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-GROCERY STORES [5411] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 240755415 STATE OF INCORPORATION: PA FISCAL YEAR END: 1230 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-05039 FILM NUMBER: 24926879 BUSINESS ADDRESS: STREET 1: 1000 S SECOND ST STREET 2: PO BOX 471 CITY: SUNBURY STATE: PA ZIP: 17801 BUSINESS PHONE: 570-286-4571 MAIL ADDRESS: STREET 1: 1000 S SECOND ST STREET 2: PO BOX 471 CITY: SUNBURY STATE: PA ZIP: 17801 8-K 1 wmk-20240508x8k.htm 8-K 0000105418 false 0000105418 2024-05-08 2024-05-08 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ​ FORM 8-K ​ CURRENT REPORT Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934 ​ Date of Report (Date of earliest event reported): May 8, 2024 WEIS MARKETS, INC . (Exact name of registrant as specified in its charter) ​ Pennsylvania (State or other jurisdiction of incorporation) ​ 1-5039 ​ 24-0755415 (Commission File Number) ​ (IRS Employer Identification No.) ​ ​ ​ 1000 South Second Street ​ ​ Sunbury , PA ​ 17801 (Address of principal executive offices) ​ (Zip Code) ​ Registrant's telephone number, including area code:  ( 570 ) 286-4571 N/A (Former name or former address, if changed since last report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: ​ ​ ​ ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) ​ Securities registered pursuant to Section 12(b) of the act: ​ ​ ​ Title of each class Trading symbol Name of exchange on which registered Common stock, no par value WMK New York Stock Exchange ​ Indicate by check mark whether the registrant is an emerging growth company as defined in as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐ ​ ​ 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. 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 ​ 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. ​ &#8

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