Village Super Market (VLGEA) Reports Q2 EPS of $0.32

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Go back to Village Super Market (VLGEA) Reports Q2 EPS of $0.32

Village Super Market, Inc. Reports Results for the Second Quarter Ended January 23, 2016

March 2, 2016 8:02 AM EST

SPRINGFIELD, N.J., March 02, 2016 (GLOBE NEWSWIRE) -- Village Super Market, Inc. (Nasdaq: VLGEA) today reported its results of operations for the second quarter ended January 23, 2016.

Net income was $6,284,000 in the second quarter of fiscal 2016 compared to $6,603,000 in the second quarter of the prior year. The second quarter of the prior year includes a higher tax rate due to $436,000 of accrued interest and penalties related to the New Jersey tax dispute. Excluding this item from the prior year period, net income decreased 11% in the second quarter of fiscal... More