Weis Markets Inc.
Every Day High Prices Guaranteed
Download Report
Weis Markets Inc.
Download Report 2
Weis Markets Inc.
Download Report 3
Weis Markets Inc.
Download Report 4
Weis Markets Inc.
Download Report 5
Weis Markets Inc.
Download Report 6
Weis Markets Inc.
Download Report 7

Research Overview

INDEX:
S&P 500
Sector:
Consumer Staples
Position:
Short
Date:
Sep 5, 2018

After conducting a forensic financial and accounting review, Spruce Point believes Weis Market (NYSE: WMK), a regional supermarket in the Northeast region, is experiencing financial strain, accounting changes, and is a terrible risk vs. reward at current price levels. Based on our investigation, we estimate 45% to 65% downside risk, or $1.47 per share.

The report highlights several key concerns with the company, including:

  • We view Weis as a non-competitive supermarket charging 15% higher prices
  • Evidence of accounting strain and one-time gimmicks
  • We find poor governance and misalignment with shareholders
Downloads & More

Research Assets & Releases

Join The Mailing List

Spruce Point Alerts & Updates

See the other side of the Wall Street hype machine.