VLGEA

Shares of Village Super Market, Inc. VLGEA have declined 14.2% since the company reported results for the quarter ended April 25, 2026, underperforming the S&P 500 index, which fell 2.8% over the same period. Over the past month, the stock has dropped 8.4% compared with a 0.8% decline for the broader market. Village reported third-quarter fiscal 2026 earnings per Class A share of 61 cents, which declined from 75 cents. Sales of $572.6 million indicated a 1.6% rise from $563.7 million in the prior-year quarter. Net income declined to $9 million from $11.2 million a year earlier. Same-store sales slipped 0.2%, although management said they would have increased 1.3% excluding the estimated impact of Winter Storm Fern. Same-store digital sales rose 9% year over year. Village Super Market, Inc. price-consensus-eps-surprise-chart | Village Super Market, Inc. Quote Gross profit margin narrowed to 28.08% from 28.77% in the prior-year period. Operating and administrative expenses increased to 25.11% of sales from 24.78%, reflecting higher utility, repair and weather-related maintenance costs, increased professional-service expenses, higher insurance costs and increased employee-related expenses. Operating income fell to $8.4 million from $13.7 million a year earlier. Management highlighted the impact of Winter Storm Fern, which caused store closures at the beginning of the quarter and shifted some customer demand into the final week of the second quarter as shoppers stocked up ahead of the storm. The company noted that, excluding the storm’s estimated impact, same-store sales would have increased 1.3% in the quarter. Management also pointed to continued digital sales growth, strength in recently replaced or remodeled stores and higher sales in fresh-food departments as positive contributors. Sales growth was driven primarily by the opening of the Watchung replacement store, while comparable-store performance was pressured by storm-related disruptions, deflation in egg prices and sales cannibalization from the new location. Pharmacy sales contributed positively despite lower pricing associated with the Inflation Reduction Act. Margin performance was affected by lower patronage dividends and rebates received from Wakefern, increased warehouse assessment charges, an unfavorable product mix and higher promotional spending. On the expense side, operating leverage weakened because of weather-related store closures and demand shifts, while utilities, repairs, maintenance, professional fees and insurance costs all increased. The quarter also benefited from a lower effective tax rate of 16.2% compared with 30.6% a year earlier, primarily due to excess tax benefits from vested stock-based compensation. Even so, net income declined because of weaker operating performance. Village disclosed that fiscal 2026 included pension settlement charges related to the termination of a company-sponsored plan. For the first 39 weeks of fiscal 2026, adjusted net income was $39.1 million compared with reported net income of $38.8 million. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Village Super Market, Inc. (VLGEA): Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

SPRINGFIELD, N.J., June 02, 2026 (GLOBE NEWSWIRE) -- Village Super Market, Inc. (NSD-VLGEA) today reported its results of operations for the third quarter ended April 25, 2026. Third Quarter of Fiscal 2026 Highlights Net income of $9.0 million, or $0.61 per Class A diluted share Sales increased 1.6% and same store sales decreased 0.2% Excluding the estimated impact of Winter Storm Fern on the first week of the quarter, same store sales increased 1.3% Same store digital sales increased 9% Year-To-Date Fiscal 2026 Highlights Net income of $38.8 million, or $2.62 per Class A diluted share Sales increased 4.4% and same store sales increased 2.4% Same store digital sales increased 13% Third Quarter of Fiscal 2026 Results Sales were $572.6 million in the 13 weeks ended April 25, 2026 compared to $563.7 million in the 13 weeks ended April 26, 2025. Sales increased due primarily to the opening of the Watchung, NJ replacement store on April 9, 2025, partially offset by a decline in same store sales of 0.2%. Same store sales were negatively impacted by Winter Storm Fern, which resulted in store closures at the start of the third quarter, as well as a shift in demand into the final week of the second quarter as customers prepared for the storm. Excluding the estimated impact of Winter Storm Fern on the first week of the quarter, same store sales increased 1.3% in the 13 weeks ended April 25, 2026 compared to the 13 weeks ended April 26, 2025. Same store sales were also negatively impacted by deflation in egg pricing and cannibalization of existing stores from the Watchung replacement store opening, partially offset by digital sales growth, continued growth in recently replaced or remodeled stores and higher sales in fresh departments. Pharmacy sales positively impacted same store sales despite lower pricing resulting from the Inflation Reduction Act. New stores, replacement stores and stores with banner changes are included in same store sales in the quarter after the store has been in operation for four full quarters. Store renovations and expansions are included in same store sales immediately. Gross profit as a percentage of sales decreased to 28.08% in the 13 weeks ended April 25, 2026 compared to 28.77% in the 13 weeks ended April 26, 2025 due primarily to lower patronage dividends and other rebates received from Wakefern (.56%), increased warehouse assessment charges from Wakefern (.09%), an unfavorable change in product mix (.08%) and increased promotional spending (.05%), partially offset by increased departmental gross margin percentages (.08%). Operating and administrative expense as a percentage of sales increased to 25.11% in the 13 weeks ended April 25, 2026 compared to 24.78% in the 13 weeks ended April 26, 2025. The increase in Operating and administrative expenses is due primarily to higher utility, repair and weather-related maintenance costs (.18%), increased external service, technology, legal and other professional fees (.15%), higher facility insurance costs (.08%) and higher employee costs (.06%), partially offset by lower advertising costs (.11%). Operating and administrative expense as a percentage of sales increased due primarily to lower operating leverage resulting from store closures at the start of the third quarter due to Winter Storm Fern, as well as a shift in demand into the final week of the second quarter as customers prepared for the storm. Depreciation and amortization expense decreased in the 13 weeks ended April 25, 2026 compared to the comparative prior year fiscal period due primarily to timing of capital expenditures. Interest expense decreased in the 13 weeks ended April 25, 2026 compared to the comparative prior year fiscal period due primarily to lower average outstanding debt balances. Interest income decreased in the 13 weeks ended April 25, 2026 compared to the comparative prior year fiscal period due primarily to lower interest rates on variable rate notes receivable from Wakefern and demand deposits invested at Wakefern. The Company's effective income tax rate was 16.2% in the 13 weeks ended April 25, 2026 compared to 30.6% in the 13 weeks ended April 26, 2025. The decrease in the effective tax rate was primarily due to the excess tax benefit from vested stock-based compensation in the 13 weeks ended April 25, 2026. Net income was $9.0 million in the 13 weeks ended April 25, 2026 compared to $11.2 million in the 13 weeks ended April 26, 2025. Year-To-Date Fiscal 2026 Results Sales were $1.796 billion in the 39 weeks ended April 25, 2026 compared to $1.721 billion in the 39 weeks ended April 26, 2025. Sales increased due primarily to same store sales growth of 2.4% and the opening of the Watchung, NJ replacement store on April 9, 2025. Same store digital sales reflected continued growth in recently replaced or remodeled stores and higher fresh and pharmacy sales, partially offset by deflation in egg pricing and cannibalization of existing stores from the Watchung replacement store opening. Gross profit as a percentage of sales decreased to 28.15% in the 39 weeks ended April 25, 2026 compared to 28.71% in the 39 weeks ended April 26, 2025 due primarily to lower patronage dividends and other rebates received from Wakefern (.42%), an unfavorable change in product mix (.08%) and increased promotional spending (.05%). Operating and administrative expense as a percentage of sales decreased to 24.11% in the 39 weeks ended April 25, 2026 compared to 24.20% in the 39 weeks ended April 26, 2025. Adjusted operating and administrative expenses decreased to 24.09% in the 39 weeks ended April 25, 2026 compared to 24.20% in the 39 weeks ended April 26, 2025. The decrease in Adjusted operating and administrative expenses is due primarily to lower employee costs (.24%), lower advertising costs (.11%) and short-term rental income (.09%), partially offset by increased external service, technology, legal and other professional fees (.14%), increased utility, repair and weather-related maintenance costs (.14%) and higher facility insurance costs (.05%). Depreciation and amortization expense decreased in the 39 weeks ended April 25, 2026 compared to the comparative prior year fiscal period due primarily to timing of capital expenditures. Interest expense decreased in the 39 weeks ended April 25, 2026 compared to the comparative prior year fiscal period due primarily to lower average outstanding debt balances. Interest income decreased in the 39 weeks ended April 25, 2026 compared to the comparative prior year fiscal period due primarily to lower interest rates on variable rate notes receivable from Wakefern and demand deposits invested at Wakefern. The Company's effective income tax rate was 28.1% in the 39 weeks ended April 25, 2026 compared to 31.0% in the 39 weeks ended April 26, 2025. The decrease in the effective tax rate was primarily due to the excess tax benefit from vested stock-based compensation in the 13 weeks ended April 25, 2026. Net income was $38.8 million in the 39 weeks ended April 25, 2026 compared to $40.9 million in the 39 weeks ended April 26, 2025. Adjusted net income was $39.1 million in the 39 weeks ended April 25, 2026 compared to $40.9 million in the 39 weeks ended April 26, 2025. Village Super Market operates a chain of 34 supermarkets in New Jersey, New York, Maryland and Pennsylvania under the ShopRite and Fairway banners and three Gourmet Garage specialty markets in New York City. Forward Looking Statements All statements, other than statements of historical fact, included in this Press Release are or may be considered forward-looking statements within the meaning of federal securities law. The Company cautions the reader that there is no assurance that actual results or business conditions will not differ materially from future results, whether expressed, suggested or implied by such forward-looking statements. The Company undertakes no obligation to update forward-looking statements to reflect developments or information obtained after the date hereof. The following are among the principal factors that could cause actual results to differ from the forward-looking statements: general economic conditions; competitive pressures from the Company's operating environment; the ability of the Company to maintain and improve its sales and margins; the ability to attract and retain qualified associates; the availability of new store locations; the availability of capital; the liquidity of the Company; the success of operating initiatives; consumer spending patterns; the impact of changing energy prices; increased cost of goods sold, including increased costs from the Company's principal supplier, Wakefern; disruptions or changes in Wakefern's operations; the results of litigation; the results of tax examinations; the results of union contract negotiations; competitive store openings and closings; the rate of return on pension assets; labor shortages; disruptions to supply chains; and other factors detailed herein and in the Company's filings with the SEC. We provide non-GAAP measures, including Adjusted net income and Adjusted operating and administrative expenses as management believes these supplemental measures are useful to investors and analysts. These non-GAAP financial measures should not be reviewed in isolation or considered as a substitute for our financial results as reported in accordance with GAAP, nor as an alternative to net income, operating and administrative expense or any other GAAP measure of performance. We believe Adjusted net income and Adjusted operating and administrative expense are useful to investors because they provide supplemental measures that exclude the financial impact of certain items that affect period-to-period comparability. Management and the Board of Directors use these measures as they provide greater transparency in assessing ongoing operating performance on a period-to-period basis. Other companies may have different definitions of Non-GAAP Measures and provide for different adjustments, and comparability to the Company's results of operations may be impacted by such differences. The Company's presentation of Non-GAAP Measures should not be construed as an implication that its future results will be unaffected by unusual or non-recurring items. (1) Fiscal 2026 pension settlement charges relate to the termination of a company-sponsored plan.

Shares of Village Super Market, Inc. VLGEA have gained 4.7% since the company reported its earnings for the quarter ended Jan. 24, 2026. This compares to the S&P 500 Index’s -2% change over the same time frame. Over the past month, the stock moved 9.3% versus the S&P 500’s -3.1% change. Village reported second-quarter fiscal 2026 earnings for Class A shares of $1.21, which increased from $1.14 in the year-ago period. Growth was supported primarily by stronger comparable-store performance and contributions from a recently opened replacement store. Sales increased 6.9% year over year to $641 million from $599.7 million in the comparable quarter last year. Net income rose 6% year over year to $17.9 million from $16.9 million a year earlier. Village Super Market, Inc. price-consensus-eps-surprise-chart | Village Super Market, Inc. Quote Same-store sales rose 4.8% during the quarter, reflecting increased customer activity and demand across several categories. Digital sales were a standout contributor, with same-store digital sales increasing 15% year over year. According to the company, the surge in comparable-store sales was partly driven by significantly higher purchases in the final week of the quarter as customers stocked up ahead of Winter Storm Fern. Growth was also supported by continued performance improvements at remodeled and replacement stores, as well as stronger sales in fresh and pharmacy categories. However, the company noted that the weather-related demand created a temporary boost. Excluding the estimated impact of Winter Storm Fern, same-store sales would have increased 1.4% for the quarter compared with the same period last year. Additionally, competitive store openings and the cannibalization effect from the Watchung replacement store modestly offset overall comparable growth. Despite higher sales, Village Super Market experienced some pressure on gross margins. Gross profit, as a percentage of sales, declined to 28.06% from 28.35% in the prior-year quarter. The contraction was primarily attributed to lower patronage dividends and rebates from Wakefern, an unfavorable product mix, and increased promotional spending. These pressures were partially offset by improved departmental margins and slightly lower warehouse assessment charges. Operating and administrative expenses improved slightly as a percentage of sales, declining to 23.07% from 23.22% in the previous year. The improvement was driven mainly by lower employee, advertising and occupancy costs. Some of these savings were offset by higher professional service fees, increased weather-related maintenance costs, higher facility insurance expenses and pre-opening costs associated with store activity. Operating leverage from the late-quarter sales surge also helped reduce the expense ratio. Several other financial items influenced the quarter’s results. Depreciation and amortization expenses declined slightly due to the timing of capital expenditures. Interest expense also decreased compared with the prior year, reflecting lower average outstanding debt balances. Meanwhile, interest income fell due to lower interest rates on variable-rate notes receivable and demand deposits invested with Wakefern. The company’s effective tax rate improved modestly, coming in at 30.7% compared with 31.1% in the year-ago quarter. Village Super Market’s sales growth during the fiscal year has also been supported by store development initiatives. The company opened a replacement store in Watchung, N.J., on April 9, 2025, which contributed to revenue growth during the reported quarter. The company operates 34 supermarkets across New Jersey, New York, Maryland and Pennsylvania under the ShopRite and Fairway banners, along with three Gourmet Garage specialty markets in New York City. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Village Super Market, Inc. (VLGEA): Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

SPRINGFIELD, N.J., March 03, 2026 (GLOBE NEWSWIRE) -- Village Super Market, Inc. (NSD-VLGEA) today reported its results of operations for the second quarter ended January 24, 2026. Second Quarter of Fiscal 2026 Highlights Net income of $17.9 million, an increase of 6% compared to $16.9 million in the second quarter of the prior year Sales increased 6.9% and same store sales increased 4.8% Same store digital sales increased 15% Year-To-Date Fiscal 2026 Highlights Net income of $29.9 million, an increase of 1% compared to $29.7 million in the prior year-to-date period Adjusted net income of $30.1 million, an increase of 1% compared to adjusted net income of $29.7 million in the prior year-to-date period Sales increased 5.7% and same store sales increased 3.7% Same store digital sales increased 15% Second Quarter of Fiscal 2026 Results Sales were $641.0 million in the 13 weeks ended January 24, 2026 compared to $599.7 million in the 13 weeks ended January 25, 2025. Sales increased due to an increase in same store sales of 4.8% and the opening of the Watchung, NJ replacement store on April 9, 2025. Same store sales increased due primarily to significantly higher sales in the last week of the second quarter of fiscal 2026 as customers prepared for Winter Storm Fern, as well as digital sales growth, continued growth in recently replaced or remodeled stores and higher fresh and pharmacy sales. These increases were partially offset by cannibalization of existing stores from the Watchung replacement store opening and recent competitive store openings. Excluding the estimated impact of Winter Storm Fern, same store sales increased 1.4% in the 13 weeks ended January 24, 2026 compared to the 13 weeks ended January 25, 2025. New stores, replacement stores and stores with banner changes are included in same store sales in the quarter after the store has been in operation for four full quarters. Store renovations and expansions are included in same store sales immediately. Gross profit as a percentage of sales decreased to 28.06% in the 13 weeks ended January 24, 2026 compared to 28.35% in the 13 weeks ended January 25, 2025 due primarily to lower patronage dividends and other rebates received from Wakefern (.42%), an unfavorable change in product mix (.07%) and increased promotional spending (.03%), partially offset by increased departmental gross margin percentages (.21%) and decreased warehouse assessment charges from Wakefern (.02%). Gross profit in both the 13 weeks ended January 24, 2026 and January 25, 2025 were favorably impacted by receipt of patronage dividends from Wakefern greater than estimated amounts accrued in both the second quarter of fiscal 2026 (.32%) and 2025 (.62%). Operating and administrative expense as a percentage of sales decreased to 23.07% in the 13 weeks ended January 24, 2026 compared to 23.22% in the 13 weeks ended January 25, 2025. The decrease in Operating and administrative expenses is due primarily to lower employee costs (.40%), lower advertising costs (.15%) and lower occupancy costs (.08%), partially offset by increased external service, technology, legal and other professional fees (.15%), increased weather-related maintenance costs (.13%), higher facility insurance costs (.11%) and increased store pre-opening costs (.06%). Employee and occupancy costs as a percentage of sales decreased due primarily to operating leverage as a result of significantly higher sales in the last week of the second quarter as a result of Winter Storm Fern. Depreciation and amortization expense decreased in the 13 weeks ended January 24, 2026 compared to the comparative prior year fiscal period due primarily to timing of capital expenditures. Interest expense decreased in the 13 weeks ended January 24, 2026 compared to the comparative prior year fiscal period due primarily to lower average outstanding debt balances. Interest income decreased in the 13 weeks ended January 24, 2026 compared to the comparative prior year fiscal period due primarily to lower interest rates on variable rate notes receivable from Wakefern and demand deposits invested at Wakefern. The Company's effective income tax rate was 30.7% in the 13 weeks ended January 24, 2026 compared to 31.1% in the 13 weeks ended January 25, 2025. Year-To-Date Fiscal 2026 Results Sales were $1.224 billion in the 26 weeks ended January 24, 2026 compared to $1.157 billion in the 26 weeks ended January 25, 2025. Sales increased due to an increase in same store sales of 3.7% and the opening of the Watchung, NJ replacement store on April 9, 2025. Same store sales increased due primarily to significantly higher sales in the last week of the second quarter of fiscal 2026 as customers prepared for Winter Storm Fern, as well as digital sales growth, continued growth in recently replaced or remodeled stores and higher fresh and pharmacy sales. These increases were partially offset by cannibalization of existing stores from the Watchung replacement store opening and recent competitive store openings. Excluding the estimated impact of Winter Storm Fern, same store sales increased 2.0% in the 26 weeks ended January 24, 2026 compared to the 26 weeks ended January 25, 2025. Gross profit as a percentage of sales decreased to 28.18% in the 26 weeks ended January 24, 2026 compared to 28.68% in the 26 weeks ended January 25, 2025 due primarily to lower patronage dividends and other rebates received from Wakefern (.36%), an unfavorable change in product mix (.08%) and increased promotional spending (.05%). Gross profit in both the 26 weeks ended January 24, 2026 and January 25, 2025 were favorably impacted by receipt of patronage dividends from Wakefern greater than estimated amounts accrued in both the second quarter of fiscal 2026 (.17%) and 2025 (.32%). Operating and administrative expense as a percentage of sales decreased to 23.65% in the 26 weeks ended January 24, 2026 compared to 23.91% in the 26 weeks ended January 25, 2025. Adjusted operating and administrative expenses decreased to 23.62% in the 26 weeks ended January 24, 2026 compared to 23.91% in the 26 weeks ended January 25, 2025. The decrease in Adjusted operating and administrative expenses is due primarily to lower employee costs (.37%), lower short-term rental income (.10%), lower advertising costs (.10%) and lower occupancy costs (.09%), partially offset by increased external service, technology, legal and other professional fees (.13%), increased repair and weather-related maintenance costs (.13%), increased store pre-opening costs (.09%) and higher facility insurance costs (.05%). Employee and occupancy costs as a percentage of sales decreased due primarily to operating leverage as a result of significantly higher sales in the last week of the second quarter as a result of Winter Storm Fern. Depreciation and amortization expense decreased in the 26 weeks ended January 24, 2026 compared to the comparative prior year fiscal period due primarily to timing of capital expenditures. Interest expense decreased in the 26 weeks ended January 24, 2026 compared to the comparative prior year fiscal period due primarily to lower average outstanding debt balances. Interest income decreased in the 26 weeks ended January 24, 2026 compared to the comparative prior year fiscal period due primarily to lower interest rates on variable rate notes receivable from Wakefern and demand deposits invested at Wakefern. The Company's effective income tax rate was 31.0% in the 26 weeks ended January 24, 2026 compared to 31.1% in the 26 weeks ended January 25, 2025. Village Super Market operates a chain of 34 supermarkets in New Jersey, New York, Maryland and Pennsylvania under the ShopRite and Fairway banners and three Gourmet Garage specialty markets in New York City. Forward Looking Statements All statements, other than statements of historical fact, included in this Press Release are or may be considered forward-looking statements within the meaning of federal securities law. The Company cautions the reader that there is no assurance that actual results or business conditions will not differ materially from future results, whether expressed, suggested or implied by such forward-looking statements. The Company undertakes no obligation to update forward-looking statements to reflect developments or information obtained after the date hereof. The following are among the principal factors that could cause actual results to differ from the forward-looking statements: general economic conditions; competitive pressures from the Company's operating environment; the ability of the Company to maintain and improve its sales and margins; the ability to attract and retain qualified associates; the availability of new store locations; the availability of capital; the liquidity of the Company; the success of operating initiatives; consumer spending patterns; the impact of changing energy prices; increased cost of goods sold, including increased costs from the Company's principal supplier, Wakefern; disruptions or changes in Wakefern's operations; the results of litigation; the results of tax examinations; the results of union contract negotiations; competitive store openings and closings; the rate of return on pension assets; labor shortages; disruptions to supply chains; and other factors detailed herein and in the Company's filings with the SEC. We provide non-GAAP measures, including Adjusted net income and Adjusted operating and administrative expenses as management believes these supplemental measures are useful to investors and analysts. These non-GAAP financial measures should not be reviewed in isolation or considered as a substitute for our financial results as reported in accordance with GAAP, nor as an alternative to net income, operating and administrative expense or any other GAAP measure of performance. We believe Adjusted net income and Adjusted operating and administrative expense are useful to investors because they provide supplemental measures that exclude the financial impact of certain items that affect period-to-period comparability. Management and the Board of Directors use these measures as they provide greater transparency in assessing ongoing operating performance on a period-to-period basis. Other companies may have different definitions of Non-GAAP Measures and provide for different adjustments, and comparability to the Company's results of operations may be impacted by such differences. The Company's presentation of Non-GAAP Measures should not be construed as an implication that its future results will be unaffected by unusual or non-recurring items. (1) Fiscal 2026 pension settlement charges relate to the termination of a company-sponsored plan.

Shares of Village Super Market, Inc. VLGEA have dipped 0.3% since the company reported its earnings for the quarter ended Oct. 25, 2025. This compares to the S&P 500 index’s 0.9% growth over the same time frame. Over the past month, the stock has gained 5% compared with the S&P 500’s 1.2% growth. Village reported first-quarter 2026 earnings per share of 81 cents for Class A stock, which declined from 86 cents in the prior-year quarter. Sales of $582.6 million marked a 4.5% increase compared to $557.7 million in the same quarter of the prior year. This growth was attributed to a 2.5% rise in same-store sales and the benefit of a new replacement store in Watchung, NJ, which opened in April 2025. Despite the top-line growth, net income fell 6% to $12 million from $12.8 million a year ago. On an adjusted basis, net income declined more modestly, down 2% to $12.5 million. Village Super Market, Inc. price-consensus-eps-surprise-chart | Village Super Market, Inc. Quote Village’s gross profit improved slightly to $165 million from $161.9 million. However, gross margin declined to 28.3% from 29% a year earlier. This decrease was primarily driven by lower patronage dividends and other rebates received from Wakefern, which shaved 0.28 percentage points off the margin. In addition, the company faced a 0.27 percentage point decline due to weaker departmental margins, a 0.10 percentage point loss from an unfavorable product mix shift, and a 0.06 percentage point impact from heightened promotional activity. On the cost side, operating and administrative expenses grew in absolute terms to $141.4 million from $137.5 million. However, as a percentage of sales, these expenses improved to 24.3% from 24.7%. After adjusting for one-time items, the figure dropped further to 24.2%. The improvement was mainly due to lower employee-related costs, increased short-term rental income, and cost savings on supplies and advertising. These benefits were partially offset by increases in professional fees and repair and maintenance spending. Depreciation and amortization expenses rose slightly to $8.4 million, reflecting capital investments made by the company. Interest expense declined year over year due to lower average outstanding debt balances, while interest income fell as a result of lower yields on variable-rate notes receivable from Wakefern and lower interest rates on invested demand deposits. The company’s effective tax rate stood at 31.4%, up slightly from 31.2% in the year-ago quarter. Operating income came in at $15.1 million, down from $16 million last year, reflecting the mixed impact of revenue gains and margin compression. Digital sales continued to provide a strong tailwind, with same-store digital sales increasing 14% year over year. This strength, combined with continued momentum in recently remodeled or replaced stores and improved pharmacy and fresh category performance, helped offset some of the competitive pressures from new store openings by rivals and self-cannibalization from the new Watchung location. Village recorded a $0.3 million pension settlement charge in the quarter related to the termination of a company-sponsored retirement plan. These costs, along with the pre-opening expenses for the East Orange store, were excluded in the company’s adjusted net income calculation. Management confirmed that it expects to open a new replacement ShopRite store in East Orange, NJ, in the second half of the fiscal year. The project is part of Village’s ongoing effort to modernize its store base and enhance customer experience. Pre-opening costs associated with this location amounted to $0.4 million in the first quarter. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Village Super Market, Inc. (VLGEA): Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

SPRINGFIELD, N.J., Dec. 02, 2025 (GLOBE NEWSWIRE) -- Village Super Market, Inc. (NSD-VLGEA) today reported its results of operations for the first quarter ended October 25, 2025. First Quarter Highlights Net income of $12.0 million, a decrease of 6% compared to $12.8 million in the first quarter of the prior year Adjusted net income of $12.5 million, a decrease of 2% compared to adjusted net income of $12.8 million in the first quarter of the prior year Sales increased 4.5% and same store sales increased 2.5% Same store digital sales increased 14% First Quarter of Fiscal 2026 Results Sales were $582.6 million in the 13 weeks ended October 25, 2025 compared to $557.7 million in the 13 weeks ended October 26, 2024. Sales increased due to an increase in same store sales of 2.5% and the opening of the Watchung, NJ replacement store on April 9, 2025. Same store sales increased due primarily to digital sales growth, continued growth in recently replaced or remodeled stores and higher fresh and pharmacy sales. These increases were partially offset by cannibalization of existing stores from the Watchung replacement store opening and recent competitive store openings. New stores, replacement stores and stores with banner changes are included in same store sales in the quarter after the store has been in operation for four full quarters. Store renovations and expansions are included in same store sales immediately. Gross profit as a percentage of sales decreased to 28.31% in the 13 weeks ended October 25, 2025 compared to 29.03% in the 13 weeks ended October 26, 2024 due primarily to lower patronage dividends and other rebates received from Wakefern (.28%), decreased departmental gross margin percentages (.27%), an unfavorable change in product mix (.10%) and increased promotional spending (.06%). Operating and administrative expense as a percentage of sales decreased to 24.28% in the 13 weeks ended October 25, 2025 compared to 24.66% in the 13 weeks ended October 26, 2024. Adjusted operating and administrative expenses decreased to 24.15% in the 13 weeks ended October 25, 2025 compared to 24.66% in the 13 weeks ended October 26, 2024. The decrease in Adjusted operating and administrative expenses is due primarily to lower employee costs (.34%), short-term rental income (.24%), reduced supply spending (.05%) and lower advertising costs (.05%) partially offset by external service, technology, legal and other professional fees (.12%) and increased repair and maintenance costs (.09%). Depreciation and amortization expense increased in the 13 weeks ended October 25, 2025 compared to the 13 weeks ended October 26, 2024 due primarily to capital expenditures. Interest expense decreased in the 13 weeks ended October 25, 2025 compared to the 13 weeks ended October 26, 2024 due primarily to lower average outstanding debt balances. Interest income decreased in the 13 weeks ended October 25, 2025 compared to the 13 weeks ended October 26, 2024 due primarily to lower interest rates on variable rate notes receivable from Wakefern and demand deposits invested at Wakefern. The Company’s effective income tax rate was 31.4% in the 13 weeks ended October 25, 2025 compared to 31.2% in the 13 weeks ended October 26, 2024. Village Super Market operates a chain of 34 supermarkets in New Jersey, New York, Maryland and Pennsylvania under the ShopRite and Fairway banners and three Gourmet Garage specialty markets in New York City. Forward Looking Statements All statements, other than statements of historical fact, included in this Press Release are or may be considered forward-looking statements within the meaning of federal securities law. The Company cautions the reader that there is no assurance that actual results or business conditions will not differ materially from future results, whether expressed, suggested or implied by such forward-looking statements. The Company undertakes no obligation to update forward-looking statements to reflect developments or information obtained after the date hereof. The following are among the principal factors that could cause actual results to differ from the forward-looking statements: general economic conditions; competitive pressures from the Company’s operating environment; the ability of the Company to maintain and improve its sales and margins; the ability to attract and retain qualified associates; the availability of new store locations; the availability of capital; the liquidity of the Company; the success of operating initiatives; consumer spending patterns; the impact of changing energy prices; increased cost of goods sold, including increased costs from the Company’s principal supplier, Wakefern; disruptions or changes in Wakefern's operations; the results of litigation; the results of tax examinations; the results of union contract negotiations; competitive store openings and closings; the rate of return on pension assets; labor shortages; disruptions to supply chains; and other factors detailed herein and in the Company’s filings with the SEC. We provide non-GAAP measures, including Adjusted net income and Adjusted operating and administrative expenses as management believes these supplemental measures are useful to investors and analysts. These non-GAAP financial measures should not be reviewed in isolation or considered as a substitute for our financial results as reported in accordance with GAAP, nor as an alternative to net income, operating and administrative expense or any other GAAP measure of performance. Adjusted net income and Adjusted operating and administrative expense are useful to investors because they provide supplemental measures that exclude the financial impact of certain items that affect period-to-period comparability. Management and the Board of Directors use these measures as they provide greater transparency in assessing ongoing operating performance on a period-to-period basis. Other companies may have different definitions of Non-GAAP Measures and provide for different adjustments, and comparability to the Company's results of operations may be impacted by such differences. The Company's presentation of Non-GAAP Measures should not be construed as an implication that its future results will be unaffected by unusual or non-recurring items. (1) Fiscal 2026 pre-opening costs are associated with opening of the East Orange, NJ ShopRite replacement store that is expected to open in the second half of fiscal 2026. (2) Fiscal 2026 pension settlement charges relate to the termination of a company-sponsored plan.