VLGEA Village Super Market, Inc.

All VLGEA filings Filing statistics SEC

Village Super Market, Inc. engages in the retail sale of food and nonfood products. It operates through the ShopRite and Gourmet Garage bands. The company was founded by Nicholas Sumas and Perry Sumas in 1937 and is headquartered in Springfield, NJ.

Company profile

Ticker

VLGEA

Exchange

NASDAQ

Website

www.myvillagesupermarket.com

CEO

Robert Sumas

Incorporated in

New Jersey

Location

New Jersey

Fiscal year end

Jul 27

Sector

Retail Trade > Food Retail

Industry (SEC)

Retail - Grocery Stores

The Kroger Co. • Publix Super Markets • Grocery Outlet Holding • Sprouts Farmers Markets • Weis Markets • Natural Grocers by Vitamin Cottage • iFresh • Ingles Markets • Qkl Stores • Brazilian Distribution Co Companhia Brasileira De Distr CBD ...

SEC CIK

0000103595

Corporate docs

Articles of Incorporation & Bylaws

IRS number

221576170

VLGEA stock data

S&P 500

1M 1Y 2Y 5Y

Company financial data Financial data

Chart VLGEA financial data

Quarter (USD)	Oct 19	Jul 19	Apr 19	Jan 19
Revenue	407.4M	418.37M	395.46M	428.13M
Net income	2.57M	6.73M	4.97M	7.57M
Net profit margin	0.63%	1.61%	1.26%	1.77%
Operating income	2.97M	8.38M	6.69M	10.68M
Net change in cash	-23.18M	-3.01M	-4.4M	19.7M
Cash on hand	77.94M	101.12M	104.13M	108.53M
Cost of revenue	293.86M	302.11M	284.85M	310.39M

Annual (USD)	Jul 19	Jul 15
Revenue	1.64B	1.58B
Net income	25.54M	30.62M
Net profit margin	1.55%	1.93%
Operating income	34.68M	43.53M
Net change in cash	42.08M
Cash on hand	101.12M	59.04M
Cost of revenue	1.19B	1.15B

Financial data from company earnings reports

Financial report summary

Competition

Target • Giant • Safeway • Costco • Target

Management Discussion

Sales. Sales were $407,402 in the 13 weeks ended October 26, 2019, an increase of 1.5% compared to the 13 weeks ended October 27, 2018. Sales increased due to the acquisition of Gourmet Garage on June 24, 2019 and a 0.1% increase in same store sales. Same store sales increased due to continued sales growth in the Bronx, New York City store opened on June 28, 2018, recently remodeled or replaced stores and continued growth of ShopRite from Home including expansion to four additional stores. These increases were partially offset by the impact of two competitor store openings, decreased promotional spending in Maryland and reduced sales in our existing store in Stroudsburg, Pennsylvania leading up to its closure and the opening of a replacement store on November 1, 2019. The Company expects same store sales in fiscal 2020 to range from a 2.0% decrease to flat.

Content analysis ?

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Readability	H.S. freshman Avg

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From filing 10-Q 2020 Q1