Weis Markets (NYSE:WMK)

Weis MarketsWeis Markets is a publicly traded grocery store chain with 163 stores. The chain’s revenue in millions in 2014 was $2,777 and it employed approximately 18,200. Weis Markets does not report their average number of SKUs, but they carry an assortment of grocery items including fresh produce, flowers and gifts, pharmacy items, and health and beauty products. Their mission states that they deliver an exceptional shopping experience by offering the best service, value, quality, and freshest products while being good stewards of the environment and giving back to the communities they serve.

Weis Market’s Good Jobs Score Overview

Overall
Score
1.8
Overall
Rank
#14
Customer/Employee Scores
Productivity/Customer Scores
Productivity/Employee Scores

 

Weis Market’s Customer Score

Customer
Score
4.3
Customer
Rank
#12
ACSI currently doesn’t cover WMK. The score shown above is an estimate.
Additional Customer Data

The Good Jobs Customer component is comprised of ACSI, Consumer Reports, and Yelp scores (see Methodology for more details). Although not part of the Good Jobs Score, the following table provides additional data on customer satisfaction.

  • WMKIndustry Score
    Experience Rating INA79%
    Forgiveness Rating IINA47%
    Trust Rating IIINA68%
    Customer Service Rating IVNA65%
    Source: Temkin RatingsV
  • Find Weis Markets at ...
    PissedConsumer.com

 

Weis Market’s Employee Score

Employee
Score
1.0
Employee
Rank
#14
Weis Markets Glassdoor Rating Trend
Additional Employee Data

The Good Jobs Employee component is comprised of Glassdoor and Indeed scores (see Methodology for more details). Although not part of the Good Jobs Score, the following charts provide additional data on employee satisfaction and level of unionization.

  • The above charts provide additional information as measured by Glassdoor.com. They serve to show Weis Market’s relative position to its peer-group and do not imply a causal relationship between the dimensions.

 

Weis Market’s Productivity Score

Productivity
Score
1.4
Productivity
Rank
#14
Sales / SQFT
Sales / Employee
Inventory TurnoverVI
 
more performance data
FY2011FY2012FY2013FY2014
Fiscal year end12/31/201112/29/201212/28/201312/27/2014
Number of employees17,40017,40017,90018,200
Number of stores161163165163
Total store sqft² (m)7.98.18.28.2
Average store size (sqft²)48,92549,41149,76450,319
Revenue (m)$2,753$2,701$2,693$2,777
Gross margin (%)28.67%29.12%27.69%27.12%
EBITDA margin (%)6.08%6.34%6.25%5.10%
Same-store sales growth (%)-5.3%-2.4%-2.7%1.70%
Source: 10-K filings with the S.E.C.

 

Weis Market’s CEO Jonathan H. Weis

CEO-to-Cashier pay ratio
Pay ratio methodology
We follow a methodology established by the Economic Policy Institute. CEO compensation data is collected from Compustat’s annual executive compensation database and, where needed, extended by companies’ FAB 14A proxy filings with the S.E.C.. Hourly cashier compensation is collected from Glassdoor, with an average sample size of N=293. Annual cashier pay is estimated by multiplying hourly pay by 40 hours/week and 52 weeks.
CEO Approval
This metric, as collected by Glassdoor.com, represents a reviewer’s positive/neutral/negative rating of the current CEO. The CEO approval percentage is the share of reviewers who rate the CEO positively.

 

Weis Market’s Disclosure Details

The following data are based on SASB disclosure recommendations for the Human Capital dimension in the restaurant industry. They will be updated once SASB provides recommendations for the retail industry.

Voluntary Turnover RateNot Reported
Involuntary Turnover RateNot Reported
Average Hourly Wage (by region)Not Reported
% of Employees at Minimum WageNot Reported
Amount of legal/regulatory fines and settlements associated with labor law violationsNot Reported
Amount of tax credit received for hiring through enterprise zone programs
(these State and Local government programs encourage companies to create jobs in specific geographic area targeted for economic revitalization)
Not Reported

Footnotes   [ + ]