Village Super Market, Inc. (VLGEA) reported fiscal Q3 earnings on April 26, 2025, with earnings per share rising to 75 cents from 60 cents a year prior. The company’s net income increased by 24% to $11.2 million, and sales rose 3.2% year-over-year to $563.7 million, boosted by a 1.9% increase in same-store sales. In the same timeframe, shares of Village Super Market declined 1.7%, while the S&P 500 gained 1.1%.
The company noted a significant surge in digital sales, which rose by 10% during the quarter, contributing to improved financial performance. Gross profit as a percentage of sales increased from 28.6% to 28.8%, and operating costs fell as a percentage of sales from 25.2% to 24.8%. Additionally, Village opened a new 72,000-square-foot ShopRite store in Watchung, NJ, on April 9, 2025, further expanding its operations.
Village currently operates 34 supermarkets under the ShopRite and Fairway brands, along with three Gourmet Garage specialty stores in New York City. Despite challenges, the company aims to enhance customer experience and drive foot traffic through recent investments and operational efficiencies.
