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0 -0.00110144927536224 -0.00110144927536224 0.00228832951945089 -0.00244088482074747 -0.00869565217391294 -0.00137299771167032 -0.00137299771167032
Stock impact report

Village's Q4 EPS Rises Year Over Year on Digital Sales Growth [Yahoo! Finance]

Village Super Market, Inc. - Class A (VLGEA) 
Company Research Source: Yahoo! Finance
This performance starkly contrasts with the S&P 500 index, which fell by only 2.9% over the same period. The broader monthly picture paints a grimmer scenario for Village's investors, with the stock declining 20% compared to a 1.2% growth for the S&P 500. Village Super Market reported fiscal fourth-quarter earnings per share (EPS) for Class A common stock of $1.05 compared to $1.04 in the prior year's fourth quarter. This represents a marginal year-over-year increase of less than 1%. Quarterly sales rose 3.7% to $599.7 million from $578.2 million, driven by a 1.6% uptick in same-store sales and contributions from the newly opened Watchung, New Jersey replacement store. However, profitability took a hit as gross profit margins narrowed to 28.17% from 29.34% due to price investments, cost inflation, and reduced rebates from Wakefern, Village's principal supplier. Net income of $15.5 million, edging up 1% from $15.4 million in the same quarter last year. However, adjusted net incom Show less Read more
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