-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
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<SEC-DOCUMENT>0000105418-04-000024.txt : 20040719
<SEC-HEADER>0000105418-04-000024.hdr.sgml : 20040719
<ACCEPTANCE-DATETIME>20040719120446
ACCESSION NUMBER:		0000105418-04-000024
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20040626
ITEM INFORMATION:		
FILED AS OF DATE:		20040719

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			WEIS MARKETS INC
		CENTRAL INDEX KEY:			0000105418
		STANDARD INDUSTRIAL CLASSIFICATION:	RETAIL-GROCERY STORES [5411]
		IRS NUMBER:				240755415
		STATE OF INCORPORATION:			PA
		FISCAL YEAR END:			1226

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-05039
		FILM NUMBER:		04919539

	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
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>press022004.htm
<DESCRIPTION>WEIS MARKETS, INC. 2ND QUARTER FINANCIAL NEWS RELEASE
<TEXT>
<!DOCTYPE html PUBLIC "-//W3C//DTD HTML 3.2//EN">

<html>
<head>
    <meta name="Generator"
          content="Lotus Word Pro">

    <title>Body</title>
</head>

<body bgcolor="#FFFFFF">
    <table cellspacing="0"
           cellpadding="5"
           width="100%">
        <tr>
            <td width="67%"
                align="left"
                valign="top"><b>WEIS MARKETS, INC.</b></td>

            <td width="32%"
                align="left"
                valign="top"><font size="3">1000 S. 2nd
                Street</font></td>
        </tr>

        <tr>
            <td align="left"
                valign="top">&nbsp;</td>

            <td align="left"
                valign="top"><font size="3">Sunbury, Pennsylvania
                17801</font></td>
        </tr>

        <tr>
            <td align="left"
                valign="top">&nbsp;</td>

            <td align="left"
                valign="top"><font size="3">Phone
                570-286-3636</font></td>
        </tr>

        <tr>
            <td align="left"
                valign="top">&nbsp;</td>

            <td align="left"
                valign="top"><font size="3">Fax
                570-286-3692</font></td>
        </tr>
    </table>

    <table cellspacing="0"
           cellpadding="5"
           width="100%">
        <tr>
            <td width="100%"
                align="left"
                valign="top"
                bgcolor="#EFEFEF"><font size="7"><b>Press
                Release</b></font></td>
        </tr>
    </table>

    <table cellspacing="0"
           cellpadding="5"
           width="100%">
        <tr>
            <td width="50%"
                align="left"
                valign="top">Contact: Dennis Curtin</td>

            <td width="50%"
                align="left"
                valign="top">FOR IMMEDIATE RELEASE</td>
        </tr>

        <tr>
            <td align="left"
                valign="top">Phone: (570)-286-3636</td>

            <td align="left"
                valign="top">July 16, 2004</td>
        </tr>

        <tr>
            <td align="left"
                valign="top">E-Mail: dcurtin@weismarkets.com</td>

            <td align="left"
                valign="top"></td>
        </tr>
    </table>

    <table cellspacing="0"
           cellpadding="5"
           width="100%">
        <tr>
            <td width="100%"
                align="center"
                valign="top"><b>WEIS MARKETS REPORTS INCREASE IN
                2nd QUARTER SALES AND COMP. STORE SALES</b></td>
        </tr>
    </table><font size="3"
          face="Courier New">&nbsp;&nbsp;&nbsp;(SUNBURY, PA)
          &#8211; Weis Markets, Inc. (NYSE:WMK) today reported its
          second quarter sales for the thirteen-week period ending
          June 26, 2004 increased 2.6% to $521.4 million and its
          comparable store sales increased 3.2%.</font>

    <p><font size="3"
          face="Courier New">&nbsp;&nbsp;&nbsp;During the second
          quarter, the Company's diluted earnings per share totaled
          $.50 per share compared to $.51 per share for the same
          period a year ago. The Company generated $13.6 million in
          second quarter net income, a 1.0% decline compared to the
          same period a year ago.</font></p>

    <p><font size="3"
          face="Courier New">&nbsp;&nbsp;&nbsp;The Company said its
          sales and comparable sales increases were due to the
          continuing strong performance of its perishable
          departments and strong promotional programs throughout
          its trade area. The second quarter results represent the
          twelfth consecutive quarterly increase in the Company's
          comparable store sales.</font></p>

    <p><font size="3"
          face="Courier New">&nbsp;&nbsp;&nbsp;The Company's second
          quarter net income and earnings per share were affected
          by healthcare cost increases that continue to exceed the
          rate of inflation. During this period, the Company's
          medical insurance costs increased $2.2 million. The
          Company said it is developing healthcare cost containment
          strategies to control and reduce these costs.</font></p>

    <p><font size="3"
          face="Courier New">&nbsp;&nbsp;&nbsp;The Company's net
          income and earnings per share were also affected by a
          $1.4 million pre-tax loss related to the sale of an
          asset.</font></p>

    <p><font size="3"
          face="Courier New">&nbsp;&nbsp;&nbsp;"While the
          continuing increase in healthcare costs and a loss
          related to the sale of an asset affected our net income
          and earnings per share, our core business continues to
          perform well in a competitive market place where the
          economy is beginning to slowly rebound," said Weis
          Markets' CEO and President Norman S. Rich. "In addition
          to the sales and comparable store sales increases, our
          income from operations in the second quarter increased
          7.3% to $18.4 million. In the coming months, we will
          continue to focus our efforts on increasing efficiencies
          and reducing costs while at the same time executing on
          our go-to-market strategies."</font></p>

    <p><font size="3"
          face="Courier New">&nbsp;&nbsp;&nbsp;Year-to-date, the
          Company's sales increased 2.5% to $1.04 billion and
          comparable store sales are up 3.1%.</font></p>

    <p><font size="3"
          face="Courier New">The Company's year-to-date basic and
          diluted earnings per share increased $.01 to $1.10 per
          share. Year-to-date net income increased 1.1% to $29.9
          million.</font></p>

    <p><font size="3"
          face="Courier New">&nbsp;&nbsp;&nbsp;Weis Markets, Inc.,
          which is based in Sunbury, PA, is a Mid-Atlantic
          supermarket company operating 157 stores in six states:
          Pennsylvania, Maryland, New Jersey, New York, Virginia
          and West Virginia. The Company also owns and operates
          SuperPetz, a pet supply superstore chain with 33
          locations in eleven states.</font></p>

    <p align="center"><font size="3"
          face="Courier New">-# # #-</font></p>

    <p><font size="3"
          face="Courier New"><i>&nbsp;&nbsp;&nbsp;In addition to
          historical information, this news release may contain
          forward-looking statements. Any forward-looking
          statements contained herein are subject to certain risks
          and uncertainties that could cause actual results to
          differ materially from those projected. For example,
          risks and uncertainties can arise with changes in:
          general economic conditions, including their impact on
          capital expenditures; business conditions in the retail
          industry; the regulatory environment; rapidly changing
          technology and competitive factors, including increased
          competition with regional and national retailers; and
          price pressures.</i></font></p>

    <p><font size="3"
          face="Courier New"><i>&nbsp;&nbsp;&nbsp;The Company
          undertakes no obligation to publicly revise or update
          these forward-looking statements to reflect events or
          circumstances that arise after the date hereof other than
          through its periodic filings with the Securities and
          Exchange Commission that are available to the
          public.</i></font></p>

    <table cellspacing="0"
           cellpadding="5"
           width="100%">
        <tr>
            <td width="100%"
                align="center"
                valign="top"><b>Weis Markets, Inc. and
                Subsidiaries</b></td>
        </tr>

        <tr>
            <td align="center"
                valign="top"><b>COMPARATIVE SUMMARY OF UNAUDITED
                SALES &amp; EARNINGS</b></td>
        </tr>

        <tr>
            <td align="center"
                valign="top"><b>Second Quarter - 2004</b></td>
        </tr>
    </table>

    <table cellspacing="0"
           cellpadding="5"
           width="100%">
        <tr>
            <td width="40%"
                align="center"
                valign="top">&nbsp;</td>

            <td width="20%"
                align="center"
                valign="top"><b>13 Week</b></td>

            <td width="20%"
                align="center"
                valign="top"><b>13 Week</b></td>

            <td width="18%"
                align="center"
                valign="top">&nbsp;</td>
        </tr>

        <tr>
            <td align="center"
                valign="top">&nbsp;</td>

            <td align="center"
                valign="top"><b>Period Ended</b></td>

            <td align="center"
                valign="top"><b>Period Ended</b></td>

            <td align="center"
                valign="top"><b>Increase</b></td>
        </tr>

        <tr>
            <td align="center"
                valign="top">&nbsp;</td>

            <td align="center"
                valign="top"><b><u>June 26, 2004</u></b></td>

            <td align="center"
                valign="top"><b><u>June 28, 2003</u></b></td>

            <td align="center"
                valign="top"><b><u>(Decrease)</u></b></td>
        </tr>

        <tr>
            <td align="left"
                valign="top">Net Sales</td>

            <td align="right"
                valign="top">$521,374,000</td>

            <td align="right"
                valign="top">$507,981,000</td>

            <td align="right"
                valign="top">2.6%</td>
        </tr>

        <tr>
            <td align="left"
                valign="top">Income Before Taxes</td>

            <td align="right"
                valign="top">21,641,000</td>

            <td align="right"
                valign="top">22,253,000</td>

            <td align="right"
                valign="top">(2.8%)</td>
        </tr>

        <tr>
            <td align="left"
                valign="top">Provision for Income Taxes</td>

            <td align="right"
                valign="top"><u>7,997,000</u></td>

            <td align="right"
                valign="top"><u>8,474,000</u></td>

            <td align="right"
                valign="top"><u>(5.6%)</u></td>
        </tr>

        <tr>
            <td align="left"
                valign="top">Net Income</td>

            <td align="right"
                valign="top"><u>$13,644,000</u></td>

            <td align="right"
                valign="top"><u>$13,779,000</u></td>

            <td align="right"
                valign="top"><u>(1.0%)</u></td>
        </tr>

        <tr>
            <td align="left"
                valign="top">&nbsp;</td>

            <td align="left"
                valign="top">&nbsp;</td>

            <td align="left"
                valign="top">&nbsp;</td>

            <td align="left"
                valign="top">&nbsp;</td>
        </tr>

        <tr>
            <td align="left"
                valign="top">Weighted-Average</td>

            <td align="left"
                valign="top">&nbsp;</td>

            <td align="left"
                valign="top">&nbsp;</td>

            <td align="left"
                valign="top">&nbsp;</td>
        </tr>

        <tr>
            <td align="left"
                valign="top">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Shares
                Outstanding</td>

            <td align="right"
                valign="top">27,121,000</td>

            <td align="right"
                valign="top">27,194,000</td>

            <td align="right"
                valign="top">(73,000)</td>
        </tr>

        <tr>
            <td align="left"
                valign="top">Basic and Diluted</td>

            <td align="right"
                valign="top">&nbsp;</td>

            <td align="right"
                valign="top">&nbsp;</td>

            <td align="right"
                valign="top">&nbsp;</td>
        </tr>

        <tr>
            <td align="left"
                valign="top">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Earnings
                Per Share</td>

            <td align="right"
                valign="top">$0.50</td>

            <td align="right"
                valign="top">$0.51</td>

            <td align="right"
                valign="top">($0.01)</td>
        </tr>

        <tr>
            <td align="left"
                valign="top">&nbsp;</td>

            <td align="left"
                valign="top">&nbsp;</td>

            <td align="left"
                valign="top">&nbsp;</td>

            <td align="left"
                valign="top">&nbsp;</td>
        </tr>

        <tr>
            <td align="left"
                valign="top">&nbsp;</td>

            <td align="left"
                valign="top">&nbsp;</td>

            <td align="left"
                valign="top">&nbsp;</td>

            <td align="left"
                valign="top">&nbsp;</td>
        </tr>

        <tr>
            <td align="left"
                valign="top">&nbsp;</td>

            <td align="left"
                valign="top">&nbsp;</td>

            <td align="left"
                valign="top">&nbsp;</td>

            <td align="left"
                valign="top">&nbsp;</td>
        </tr>

        <tr>
            <td align="left"
                valign="top">&nbsp;</td>

            <td align="center"
                valign="top"><b>26 Week</b></td>

            <td align="center"
                valign="top"><b>26 Week</b></td>

            <td align="left"
                valign="top">&nbsp;</td>
        </tr>

        <tr>
            <td align="left"
                valign="top">&nbsp;</td>

            <td align="center"
                valign="top"><b>Period Ended</b></td>

            <td align="center"
                valign="top"><b>Period Ended</b></td>

            <td align="center"
                valign="top"><b>Increase</b></td>
        </tr>

        <tr>
            <td align="left"
                valign="top">&nbsp;</td>

            <td align="center"
                valign="top"><b><u>June 26, 2004</u></b></td>

            <td align="center"
                valign="top"><b><u>June 28, 2003</u></b></td>

            <td align="center"
                valign="top"><b><u>(Decrease)</u></b></td>
        </tr>

        <tr>
            <td align="left"
                valign="top">Net Sales</td>

            <td align="right"
                valign="top">$1,042,043,000</td>

            <td align="right"
                valign="top">$1,017,052,000</td>

            <td align="right"
                valign="top">2.5%</td>
        </tr>

        <tr>
            <td align="left"
                valign="top">Income Before Taxes</td>

            <td align="right"
                valign="top">47,678,000</td>

            <td align="right"
                valign="top">47,690,000</td>

            <td align="right"
                valign="top">0.0%</td>
        </tr>

        <tr>
            <td align="left"
                valign="top">Provision for Income Taxes</td>

            <td align="right"
                valign="top"><u>17,799,000</u></td>

            <td align="right"
                valign="top"><u>18,128,000</u></td>

            <td align="right"
                valign="top"><u>(1.8%)</u></td>
        </tr>

        <tr>
            <td align="left"
                valign="top">Net Income</td>

            <td align="right"
                valign="top"><u>$29,879,000</u></td>

            <td align="right"
                valign="top"><u>$29,562,000</u></td>

            <td align="right"
                valign="top"><u>1.1%</u></td>
        </tr>

        <tr>
            <td align="left"
                valign="top">&nbsp;</td>

            <td align="left"
                valign="top">&nbsp;</td>

            <td align="left"
                valign="top">&nbsp;</td>

            <td align="left"
                valign="top">&nbsp;</td>
        </tr>

        <tr>
            <td align="left"
                valign="top">Weighted-Average</td>

            <td align="left"
                valign="top">&nbsp;</td>

            <td align="left"
                valign="top">&nbsp;</td>

            <td align="left"
                valign="top">&nbsp;</td>
        </tr>

        <tr>
            <td align="left"
                valign="top">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Shares
                Outstanding</td>

            <td align="right"
                valign="top">27,130,000</td>

            <td align="right"
                valign="top">27,194,000</td>

            <td align="right"
                valign="top">(64,000)</td>
        </tr>

        <tr>
            <td align="left"
                valign="top">Basic and Diluted</td>

            <td align="right"
                valign="top">&nbsp;</td>

            <td align="right"
                valign="top">&nbsp;</td>

            <td align="right"
                valign="top">&nbsp;</td>
        </tr>

        <tr>
            <td align="left"
                valign="top">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Earnings
                Per Share</td>

            <td align="right"
                valign="top">$1.10</td>

            <td align="right"
                valign="top">$1.09</td>

            <td align="right"
                valign="top">$0.01</td>
        </tr>
    </table>
</body>
</html>

</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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