Weis Markets: Still 'Steady As She Goes'
Portfolio Pulse from
Weis Markets maintains a strong financial position with a balance sheet showing cash and marketable securities equal to current liabilities and no long-term debt. The company is family-controlled and continues to grow by opening more stores than it closes.
December 20, 2024 | 12:00 am
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POSITIVE IMPACT
Weis Markets has a strong balance sheet with no long-term debt and continues to grow by opening more stores than it closes. The company is family-controlled, with the Weis family holding nearly 40% of shares.
The strong balance sheet with no long-term debt and strategic growth through store openings are positive indicators for investors. The family control with a significant shareholding suggests stability in management and decision-making.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100