Weis Markets ( (WMK) ) has released a notification of late filing.
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Weis Markets, Inc. has filed a Form 12b-25 to notify investors of a delay in filing its Annual Report on Form 10-K (Yearly Report) for the 52-week fiscal year ended December 27, 2025. The company’s delay affects the Form 10-K (Yearly Report) and relates to previously issued financial statements that can no longer be relied upon.
The primary reason for the delay is the discovery of incorrectly recorded, overstated inventory amounts that accumulated over multiple reporting periods. This issue impacts historical audited financial statements from 2022–2024 and unaudited results in the 2025 Form 10-Q (Quarter Report) filings, triggering a comprehensive review and restatement process.
Weis Markets states that it is working diligently to complete its review and restatement procedures tied to the inventory error. The company currently expects to file its 2025 Form 10-K (Yearly Report), including all required restated financial statements, no later than March 12, 2026, which is the fifteenth calendar day after the original due date, but warns that timing could slip further.
Financially, the company estimates that the overstated inventory could be up to $22 million as of the quarter ended September 27, 2025, representing about 6.7% of inventories within current assets and 1.1% of total assets. These figures are preliminary, and Weis Markets cautions that final restatement adjustments may differ materially once the process is complete.
Importantly for investors, the company notes that correcting the inventory overstatement will not affect net sales. Preliminary unaudited data show net sales and other revenue of $4.96 billion for fiscal 2025, up 3.5% from $4.79 billion in fiscal 2024, with comparable store sales excluding fuel rising 2.1% year over year and 4.0% on a two-year stacked basis.
Weis Markets emphasizes that it has filed all other required periodic reports in the past 12 months and acknowledges that a significant change in results of operations is expected due to the inventory adjustment. The company is continuing its compliance and restatement work and plans to provide full financial results in the delayed Form 10-K (Yearly Report).
The notification is signed on behalf of Weis Markets by Senior Vice President, Chief Financial Officer and Treasurer Michael T. Lockard, dated February 25, 2026, underscoring executive responsibility for the disclosure and the ongoing remediation efforts.
The most recent analyst rating on (WMK) stock is a Hold with a $70.00 price target. To see the full list of analyst forecasts on Weis Markets stock, see the WMK Stock Forecast page.
Spark’s Take on WMK Stock
According to Spark, TipRanks’ AI Analyst, WMK is a Neutral.
The overall stock score reflects stable financial performance with effective cost management and a strong balance sheet. However, technical indicators suggest bearish momentum, and valuation metrics are not particularly compelling. The lack of earnings call data and corporate events limits additional insights.
To see Spark’s full report on WMK stock, click here.
More about Weis Markets
Weis Markets, Inc. is a regional supermarket chain headquartered in Sunbury, Pennsylvania. The company operates grocery stores and related retail operations, generating annual net sales of roughly $5 billion across its footprint.
Average Trading Volume: 126,886
Technical Sentiment Signal: Strong Buy
Current Market Cap: $1.8B
Learn more about WMK stock on TipRanks’ Stock Analysis page.