Village Super Market (VLGEA) Reports Q3 EPS of $0.42

Village Super Market (NASDAQ: VLGEA) reported Q3 EPS of $0.42, versus $0.93 reported last year. Revenue for the quarter came in at $387.9 million, versus $387.1 million reported last year.

Same store sales also increased 0.2% primarily due to the closing of two competitor stores and continued sales growth in the expanded or replaced stores in Stirling and Greater Morristown. These increases were partially offset by lower sales in the first week of the third quarter of fiscal 2016 due to Winter Storm Jonas, and six new competitor store openings, including stores formerly operated by A&P. The Company expects same store sales in fiscal 2016 to range from a 0.5% to 1.5% increase.

For earnings history and earnings-related data on Village Super Market (VLGEA) click here.

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