Overview

* Village Super Market ( VLGEA ) fiscal Q4 net income rises 1% yr/yr to $15.5 mln

* Q4 sales increase 3.7%, driven by 1.6% rise in same-store sales

* Gross profit margin declines to 28.17% due to higher costs and inflation

Result Drivers

* SAME STORE SALES - Growth primarily driven by digital sales and higher pharmacy sales, partially offset by cannibalization from new store openings

* GROSS PROFIT DECLINE - Decrease attributed to cost inflation, unfavorable product mix, and increased promotional spending

* EXPENSE REDUCTION - Lower operating expenses due to reduced employee costs and advertising spending

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q4 Sales $599.67

mln

Q4 Net $15.52

Income mln

Q4 $20.22

Operatin mln

g Income

Press Release:

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)