Village Super Market, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended April 29, 2023
June 06, 2023 at 08:00 am EDT
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Village Super Market, Inc. reported earnings results for the third quarter and nine months ended April 29, 2023. For the third quarter, the company reported sales was USD 529.29 million compared to USD 501.96 million a year ago. Net income was USD 11.02 million compared to net loss of USD 3.23 million a year ago.
For the nine months, sales was USD 1,612.85 million compared to USD 1,533.58 million a year ago. Net income was USD 34.42 million compared to USD 14.23 million a year ago.
Village Super Market, Inc. is engaged in the retail sale of food and nonfood products. It operates a chain of approximately 34 supermarkets under the ShopRite and Fairway names in New Jersey, Maryland, New York and eastern Pennsylvania and four specialty markets under the Gourmet Garage name in New York City. It is a member of Wakefern Food Corporation (Wakefern), a retailer-owned food cooperative and owner of the ShopRite, Fairway and Gourmet Garage names. Wakefern operates supermarkets and other retail formats. It offers a variety of food products, including grocery, meat, produce, dairy, deli, seafood, prepared foods, bakery, and frozen foods as well as non-food product offerings, including health and beauty care, general merchandise, liquor, and 21 in-store pharmacies. Its Fairway Markets offer various natural, organic, specialty and gourmet products. Its Gourmet Garage specialty markets provides soups and prepared foods, meat and seafood, and charcuterie and gourmet cheeses.
VILLAGE SUPER MARKET, INC. 
