Profile
Sector:
Consumer DefensiveIndustry:
Grocery StoresCountry:
United StatesIPO:
27 March 1990Website:
http://myvillagesupermarket.comNext earnings report:
04 October 2024Last dividends:
03 April 2024Next dividends:
03 July 2024Price
after hours | Mon, 01 Jul 2024 20:09:08 GMTAnalysts recommendations
Institutional Ownership
VLGEA Latest News
SPRINGFIELD, N.J., June 14, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of 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 July 25, 2024 to shareholders of record at the close of business on July 4, 2024.
Discover why Zacks rates Village as "Outperform," being the first on Wall Street to initiate coverage on the stock. Explore its solid financial performance, strategic real estate investments, strong liquidity and expansion initiatives driving future growth.
Village's revenue has grown at a CAGR of 4% during the last decade, driven by economic development and expansion of its services. Management is actively seeking growth, currently renovating its locations with the view to opening new stores in the coming years. Village's margins are respectable, with an improvement during the LTM period. Even when compared to its significantly larger peers, Village performs well.
Despite strong fundamentals, Village Super Market's stock has underperformed the broader market for over half a year, puzzling some investors. The company's sales, net income, and cash flows have all increased nicely in the 2023 fiscal year, with no apparent negative changes in the most recent data. Despite the underperformance, the company's stock is cheap, and it has a low solvency risk, making it attractive for long-term, value-oriented investors.
What type of business is 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; and various natural and organic foods, ethnic and international foods, prepared foods, and pharmacies. The company operates a chain of twenty-nine ShopRite supermarkets, five Fairway Markets, and three 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.
What sector is Village Super Market in?
Village Super Market is in the Consumer Defensive sector
What industry is Village Super Market in?
Village Super Market is in the Grocery Stores industry
What country is Village Super Market from?
Village Super Market is headquartered in United States
When did Village Super Market go public?
Village Super Market initial public offering (IPO) was on 27 March 1990
What is Village Super Market website?
https://myvillagesupermarket.com
Is Village Super Market in the S&P 500?
No, Village Super Market is not included in the S&P 500 index
Is Village Super Market in the NASDAQ 100?
No, Village Super Market is not included in the NASDAQ 100 index
Is Village Super Market in the Dow Jones?
No, Village Super Market is not included in the Dow Jones index
When does Village Super Market report earnings?
The next expected earnings date for Village Super Market is 04 October 2024