The Latest Breaking News from WMK

Amid the Fed’s hawkish stance to keep raising interest rates in 2023 and weakening economic outlook, a recession looks imminent next year. Amid ongoing market uncertainties, investors should focus on their long-term strategies. Therefore, fundamentally sound dividend-paying stocks, Coca-Cola Company (KO), Elevance Health (ELV), and Weis Markets (WMK) could be…

With inflation showing signs of slowing down and the momentum of consumer spending expected to continue beyond the holidays, fundamentally strong grocery stocks Kroger (KR), BJ’s Wholesale (BJ), Casey (CASY), and Weis Markets (WMK) could be solid investments now. Keep reading….

Major macroeconomic headwinds have heightened recessionary fears in the economy. Moreover, the Fed will likely keep raising rates next year as well. Amid fears of a downturn, fundamentally strong stocks PepsiCo (PEP), Humana (HUM), and Weis Markets (WMK) might be ideal investments based on their stable and consistent dividend history.…

The persistent recession fears with the possibility of the Fed maintaining its policy stance until the 2% inflation target is reached have kept the market volatile. Amid the uncertain market conditions, fundamentally strong stocks Oracle (ORCL), CNA Financial (CNA), and Weis Markets (WMK) make worthy additions to your portfolio this…

With inflation at a multi-decade high and the Fed’s aggressive interest rate hikes increasing the odds of a recession, the stock market is expected to remain highly volatile in the upcoming months. So we think investing in fundamentally sound stocks Coca-Cola (KO), Marathon Oil (MRO), and Weis Markets (WMK) could…

The stock market has been experiencing immense volatility lately as investors remain concerned over the multi-decade high inflation and the Fed’s aggressive interest rates to control it. However, fundamentally sound stocks Johnson & Johnson (JNJ), Coca-Cola FEMSA (KOF), KT Corporation (KT), and Weis Markets (WMK) are outperforming the broader market.…

Given the current market turmoil caused due to surging inflation and the Fed’s aggressive interest rate hikes to bring prices down, it could be wise to invest in stocks that do not fluctuate significantly in adverse market conditions. The solid stability of Johnson & Johnson (JNJ), Coca-Cola FEMSA (KOF), Marubeni…

Many analysts predict a recession soon due to skyrocketing oil prices and surging inflation. But since groceries are required for human survival, the industry is expected to garner stable consumer demand despite economic stagnation. Therefore, we think it could be wise to bet on quality grocery stocks The Kroger (KR),…

Weis Markets Inc (NYSE:WMK) reported fourth-quarter FY21 sales growth of 7.9% year-on-year, to $1.11 billion versus $1.03 billion last year. Comparable store sales increased 6.9% on an individual year-over-year basis and rose 21% on a two-year stacked basis. The operating margin was 2.7%, and operating income for the quarter rose 12.7% to $30.4…

Food prices have been rising , fueled by supply chain disruptions and increasing labor costs amid growing demand and consumer spending. Therefore, we think grocery stocks Albertsons (ACI), BJ's Wholesale (BJ), and Weis Markets (WMK) should keep benefiting. Read on.