Village Super Market (NASDAQ:VLGEA) Announces Earnings Results

Village Super Market (NASDAQ:VLGEA) issued its quarterly earnings results on Thursday. The company reported $0.47 EPS for the quarter, Bloomberg Earnings reports. The business had revenue of $418.37 million during the quarter. Village Super Market had a return on equity of 7.65% and a net margin of 1.51%.

NASDAQ VLGEA traded down $0.07 during trading on Friday, hitting $25.33. 767 shares of the stock traded hands, compared to its average volume of 26,408. The company has a market capitalization of $379.58 million, a P/E ratio of 16.07 and a beta of 0.38. Village Super Market has a 12-month low of $23.75 and a 12-month high of $32.20. The firm has a 50-day simple moving average of $25.55 and a 200-day simple moving average of $26.36. The company has a quick ratio of 1.29, a current ratio of 1.67 and a debt-to-equity ratio of 0.15.

The company also recently declared a — dividend, which will be paid on Thursday, October 24th. Shareholders of record on Thursday, October 3rd will be issued a dividend of $0.25 per share. This represents a yield of 3.8%. The ex-dividend date of this dividend is Wednesday, October 2nd.



Separately, BidaskClub upgraded Village Super Market from a “sell” rating to a “hold” rating in a research report on Friday, August 2nd.

In other news, EVP John Sumas sold 2,000 shares of the firm’s stock in a transaction that occurred on Friday, July 26th. The stock was sold at an average price of $24.48, for a total value of $48,960.00. Following the completion of the sale, the executive vice president now directly owns 115,422 shares of the company’s stock, valued at approximately $2,825,530.56. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 31.63% of the stock is owned by company insiders.

About Village Super Market

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, including 18 located in northern New Jersey, 8 located in southern New Jersey, 2 located in Maryland, 1 located in northeastern Pennsylvania, and 1 in Bronx, New York City.

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Earnings History for Village Super Market (NASDAQ:VLGEA)

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