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VLGEA — Village Super Market News Story

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Consumer DefensivesBalancedMid CapSuper Stock

Village Super Market Q4 sales rises

Overview

Village Super Market fiscal Q4 net income rises 1% yr/yr to $15.5 mln

Q4 sales increase 3.7%, driven by 1.6% rise in same-store sales

Gross profit margin declines to 28.17% due to higher costs and inflation

Result Drivers

SAME STORE SALES - Growth primarily driven by digital sales and higher pharmacy sales, partially offset by cannibalization from new store openings

GROSS PROFIT DECLINE - Decrease attributed to cost inflation, unfavorable product mix, and increased promotional spending

EXPENSE REDUCTION - Lower operating expenses due to reduced employee costs and advertising spending

Key Details

MetricBeat/MissActualConsensus Estimate
Q4 Sales$599.67 mln
Q4 Net Income$15.52 mln
Q4 Operating Income$20.22 mln
Press Release: ID:nGNX1ntGsj (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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