Village Super Market (VLGEA) Company Overview

SPRINGFIELD, N.J., Dec. 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 January 23, 2025 to shareholders of record at the close of business on January 2, 2025.

Village Super Market reported an increase in earnings per share for the first quarter of the fiscal year, thanks to strong digital sales, pharmacy sales, and the success of their renovated stores.

Village Super Market posts fiscal Q1 EPS growth driven by digital sales, pharmacy sales and remodeled store success.

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.