earnings
confidence high
sentiment positive
materiality 0.75
Village Super Market Q4 net income up 33% to $12.6M; same store sales +5.1%
VILLAGE SUPER MARKET INC
- Q4 net income $12.6M (+33% YoY); adjusted net income $12.3M (+41%).
- Same store sales +5.1%; digital same store sales +7%.
- Sales $527.5M (down 1.6% due to 53-week year; ex-extra week +5.6%).
- Full year net income $26.8M (+34%); adjusted $35.0M (+85%).
- Gross margin 28.11% vs 28.31% due to promotional spending and LIFO, partially offset by department gains.