Village Super Market (VLGEA) Reports Q3 EPS of $0.93

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Go back to Village Super Market (VLGEA) Reports Q3 EPS of $0.93

Village Super Market, Inc. Reports Results for the Third Quarter Ended April 25, 2015

June 3, 2015 8:30 AM EDT

SPRINGFIELD, N.J., June 3, 2015 (GLOBE NEWSWIRE) -- Village Super Market, Inc. (Nasdaq: VLGEA) today reported its results of operations for the third quarter ended April 25, 2015.

Net income was $13,206,000 in the third quarter of fiscal 2015 compared to $3,188,000 in the third quarter of the prior year. The third quarter of fiscal 2015 includes a tax benefit of $7,293,000 as a result of the settlement reached with the New Jersey Division of Taxation, while the third quarter of the prior year includes pre-opening costs for the replacement store in Union of $316,000 (net of tax) and a higher... More