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Stock impact report

Village Super Market, Inc. Reports Results for the First Quarter Ended October 26, 2024

Village Super Market, Inc. - Class A (VLGEA) 
Company Research Source: GlobeNewswire
SPRINGFIELD, N.J., Dec. 03, 2024 (GLOBE NEWSWIRE) -- Village Super Market, Inc. (NSD-VLGEA) today reported its results of operations for the first quarter ended October 26, 2024. First Quarter Highlights Sales increased 4.0% and same store sales increased 2.4%Same store digital sales increased 8%Net income of $12.8 million, an increase of 11% compared to the first quarter of the prior year First Quarter of Fiscal 2025 Results Sales were $557.7 million in the 13 weeks ended October 26, 2024 compared to $536.4 million in the 13 weeks ended October 28, 2023. Sales increased due to an increase in same store sales of 2.4% and the opening of the Old Bridge, NJ replacement store on March 17, 2024 partially offset by the impact of the closure of a Gourmet Garage location on November 1, 2023. Same store sales increased due primarily to digital sales growth, higher pharmacy sales and continued growth in recently remodeled stores. New stores, replacement stores and stores with banner chang Show less Read more
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