Village Super Market (VLGEA) Stock

Village Super Market is an interesting firm that isn't growing much, but that is attractively priced. Despite modest net income growth and mixed profitability metrics, the company maintains a robust balance sheet, with cash exceeding debt by $23 million. The firm trades at a discount to peers in most cases, indicating potential for significant upside.

VLGEA posts a year-over-year increase in fiscal Q4 earnings as sales rose 4.4%, driven by strong digital growth, remodeled stores and lower LIFO charges.

SPRINGFIELD, N.J., Sept. 19, 2024 (GLOBE NEWSWIRE) -- Village Super Market, Inc. (NSD-VLGEA) today announced that Robert Sumas has notified the Board of Directors of his decision to step down as Chief Executive Officer and interim Chairman of the Board of Directors effective December 13, 2024. Mr. Sumas will remain employed by the Company as a Senior Advisor to the executive team to ensure a smooth transition of duties. Mr. Sumas also plans to continue to serve the Company as a member of its Board of Directors.

SPRINGFIELD, N.J., Sept. 13, 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 October 24, 2024 to shareholders of record at the close of business on October 3, 2024.

SPRINGFIELD, N.J., July 17, 2024 (GLOBE NEWSWIRE) -- Village Super Market, Inc. (NASDAQ: VLGEA), is deeply saddened to announce the passing of William P. Sumas (Bill), Chairman of the Board, member and key leader in the Wakefern Food Corp. (Wakefern) cooperative and the supermarket industry.

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.