Weis Markets to restate 2022-2024 financials over overstated inventory

Reuters

Mar 18

Weis Markets to restate 2022-2024 financials over overstated inventory

Weis Markets said certain previously issued financial statements will be restated after inventory was inaccurately recorded and overstated. The restatement affects audited financial statements for fiscal years 2022 through 2024 and interim financial statements in 2025. Weis Markets also said it will delay filing its 2025 annual report on Form 10-K while it completes the review and restatement process. The company’s shares fell USD 5.12, or 7.16%, to USD 66.39 on February 26, 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Weis Markets Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202603180929PRIMZONEFULLFEED9674421) on March 18, 2026, and is solely responsible for the information contained therein.

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The restatement affects audited financial statements for fiscal years 2022 through 2024 and interim financial statements in 2025. Weis Markets also said it will delay filing its 2025 annual report on Form 10-<a href=\"https://laohu8.com/S/TKKD.SI\">K</a> while it completes the review and restatement process. The company’s shares fell USD 5.12, or 7.16%, to USD 66.39 on February 26, 2026.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n<i>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Weis Markets Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202603180929PRIMZONEFULLFEED9674421) on March 18, 2026, and is solely responsible for the information contained therein.</span></i>\n</p>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU2210149790.SGD","symbol_name":"Natixis Thematics Subscription Economy R/A SGD-H","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260318:nNDL2KrY40:1","article_id":"2620251833","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2620251833","pubTimestamp":1773840612,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Weis Markets said certain previously issued financial statements will be restated after inventory was inaccurately recorded and overstated. The restatement affects audited financial statements for fiscal years 2022 through 2024 and interim financial statements in 2025. Weis Markets also said it will delay filing its 2025 annual report on Form 10-K while it completes the review and restatement process. 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The restatement affects audited financial statements for fiscal years 2022 through 2024 and interim financial statements in 2025. Weis Markets also said it will delay filing its 2025 annual report on Form 10-K while it completes the review and restatement process. The company’s shares fell USD 5.12, or 7.16%, to USD 66.39 on February 26, 2026.\n      \n\n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Weis Markets Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202603180929PRIMZONEFULLFEED9674421) on March 18, 2026, and is solely responsible for the information contained therein.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"dataReport,event","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}