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Village Super Market, Inc. - VLGEA STOCK NEWS

Welcome to our dedicated news page for Village Super Market (Ticker: VLGEA), a resource for investors and traders seeking the latest updates and insights on Village Super Market.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Village Super Market's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Village Super Market's position in the market.

Rhea-AI Summary
Village Super Market, Inc. (VLGEA) declared quarterly cash dividends of $0.25 per Class A common share and $0.1625 per Class B common share. The dividends will be payable on April 25, 2024, to shareholders of record on April 4, 2024. Village Super Market operates supermarkets under various names in multiple states.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.99%
Tags
dividends
-
Rhea-AI Summary
Village Super Market, Inc. (VLGEA) reported Q2 2024 net income of $14.5 million, up 18% YoY, with sales increasing 2.1% and same store sales up 2.2%. Same store digital sales surged by 12%. YTD 2024 saw net income rise 11% to $26.1 million, with sales up 2.6% and same store sales up 2.1%. Gross profit margin improved to 28.40% in Q2 2024. Operating expenses rose to 23.71% due to increased labor costs. Village Super Market operates 34 supermarkets in the Northeast.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.04%
Tags
-
Rhea-AI Summary
Village Super Market, Inc. (NSD-VLGEA) declared quarterly cash dividends of $0.25 per Class A common share and $0.1625 per Class B common share. The dividends will be payable on January 25, 2024 to shareholders of record at the close of business on January 4, 2024. Village Super Market operates a chain of 34 supermarkets under the ShopRite and Fairway names in New Jersey, Maryland, New York, and eastern Pennsylvania and three specialty markets under the Gourmet Garage name in New York City.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
dividends
Rhea-AI Summary
Village Super Market, Inc. (NASDAQ:VLGEA) reported a 5% increase in net income to $11.6 million for the first quarter ended October 28, 2023. Sales increased by 3.2% to $536.4 million, with same store sales up by 2.0%. Same store digital sales also saw a significant increase of 13%.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.78%
Tags
-
Rhea-AI Summary
Village Super Market reports Q4 net income of $15.3 million, up 21% YoY, and FY2023 net income of $49.7 million, up 85% YoY. Same store sales increased 3.2% in Q4 and 3.5% in FY2023. Gross profit margin increased to 29.08% in Q4 and 28.45% in FY2023. Operating expense as a percentage of sales increased to 23.92% in Q4 but decreased to 23.86% in FY2023. Depreciation and amortization expense increased. Interest expense increased. Effective income tax rate increased to 32.7% in Q4 and 31.6% in FY2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.8%
Tags
-
Rhea-AI Summary
Village Super Market declares quarterly cash dividends of $0.25 per Class A common share and $0.1625 per Class B common share.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.16%
Tags
dividends
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.29%
Tags
dividends
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Rhea-AI Summary
Village Super Market reports Q3 2023 results with net income of $11.0 million, a 93% increase YoY. Sales increased 5.4% and same store sales increased 3.4%. Year-to-date net income increased 142% to $34.4 million. Gross profit as a percentage of sales increased to 28.57%. Operating and administrative expense as a percentage of sales decreased to 24.33%. Village Super Market operates 34 supermarkets and four specialty markets.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.57%
Tags
-
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.1%
Tags
dividends
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.28%
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none
Village Super Market, Inc.

Nasdaq:VLGEA

VLGEA Rankings

VLGEA Stock Data

412.01M
8.62M
17.87%
55.89%
1.8%
Supermarkets and Other Grocery (except Convenience) Stores
Retail Trade
Link
US
Springfield

About VLGEA

village super market, inc. operates a chain of supermarkets in the united states. its stores feature specialty departments, such as an on-site bakery, an expanded delicatessen, various natural and organic foods, ethnic and international foods, prepared foods, and pharmacies. the company operates a chain of 30 shoprite supermarkets, 5 fairway markets, and 3 gourmet garage specialty markets located in new jersey, new york, pennsylvania, and maryland. village super market, inc. was founded in 1937 and is based in springfield, new jersey.