VLGEA Village Super Market, Inc.

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

Albertsons Cos. • The Kroger Co. • Publix Super Markets • Grocery Outlet Holding • Weis Markets • Sprouts Farmers Markets • Natural Grocers by Vitamin Cottage • Ingles Markets • iFresh • 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

Calendar

4 Jun 20

14 Jul 20

27 Jul 20

News

Company financial data Financial data

Chart VLGEA financial data

Quarter (USD)	Apr 20	Jan 20	Oct 19	Jul 19
Revenue	458.29M	437.42M	407.4M	418.37M
Net income	11.15M	2.01M	2.57M	6.73M
Net profit margin	2.43%	0.46%	0.63%	1.61%
Operating income	15.24M	2.42M	2.97M	8.38M
Net change in cash	14.21M	-2.55M	-23.18M	-3.01M
Cash on hand	89.6M	75.4M	77.94M	101.12M
Cost of revenue	328.39M	319.48M	293.86M	302.11M

Annual (USD)	Jul 19	Jul 18	Jul 17	Jul 16
Revenue	1.64B	1.61B	1.6B	1.63B
Net income	25.54M	25.08M	22.92M	25.04M
Net profit margin	1.55%	1.56%	1.43%	1.53%
Operating income	34.68M	33.45M	40.73M	44.33M
Net change in cash	5.01M	8.67M	-944K	29.34M
Cash on hand	101.12M	96.11M	87.44M	88.38M
Cost of revenue	1.19B	1.17B	1.17B	1.19B

Financial data from company earnings reports

Recent insider trades

VLGEA insider ownership history Insider history

Date	Owner	Security	Transaction	Code	10b5-1	$Price	#Shares	$Value	#Remaining
25 Jun 20	Lavoy Peter	CLASS A COMMON STOCK	Sell	Dispose S	No	25.63	3,000	76.89K	38,828
16 Mar 20	Sumas John	CLASS A COMMON STOCK	Payment of exercise	Dispose F	No	19.71	7,804	153.82K	130,018
16 Mar 20	Orden John L Van	CLASS A COMMON STOCK	Payment of exercise	Dispose F	No	19.71	4,002	78.88K	26,136
16 Mar 20	Sumas William	CLASS A COMMON STOCK	Payment of exercise	Dispose F	No	19.71	7,804	153.82K	172,044
13 Mar 20	Sumas John	CLASS A COMMON STOCK	Grant	Aquire A	No	18.75	23,400	438.75K	137,822
13 Mar 20	Orden John L Van	CLASS A COMMON STOCK	Grant	Aquire A	No	18.75	12,000	225K	30,138
13 Mar 20	Lavoy Peter	CLASS A COMMON STOCK	Grant	Aquire A	No	18.75	10,800	202.5K	41,828
13 Mar 20	Sumas William	CLASS A COMMON STOCK	Grant	Aquire A	No	18.75	23,400	438.75K	179,848

Data from 3, 4 and 5 filings. Stock values as filed, not updated for current price.

Institutional ownership Q1 2020

VLGEA institutional ownership history Ownership history

63.3% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	86	89	-3.4%
Opened positions	11	7	+57.1%
Closed positions	14	9	+55.6%
Increased positions	33	31	+6.5%
Reduced positions	30	32	-6.3%

13F shares	Current	Prev Q	Change
Total value	219.37M	198.56M	+10.5%
Total shares	6.36M	6.53M	-2.6%
Total puts	0	0
Total calls	0	0
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
Dimensional Fund Advisors	784.36K	$19.28M	+1.7%
Renaissance Technologies	652.6K	$16.04M	-5.5%
BLK BlackRock	617.33K	$15.18M	+5.3%
Vanguard	504.67K	$12.4M	+0.3%
Systematic Financial Management	368.63K	$9.06M	+111.6%
Deprince Race & Zollo	284.34K	$6.99M	+1.7%
STT State Street	260.95K	$6.41M	+45.4%
LSV Asset Management	239.47K	$5.89M	-13.5%
NTRS Northern Trust	194.12K	$4.77M	+1.1%
Game Plan Financial Advisors	185.12K	$4.55M	-1.9%

Largest transactions	Shares	Bought/sold	Change
Royce & Associates	60.44K	-281.76K	-82.3%
Systematic Financial Management	368.63K	+194.45K	+111.6%
STT State Street	260.95K	+81.43K	+45.4%
FMR	0	-66.91K	EXIT
Arrowstreet Capital, Limited Partnership	23.31K	-45.37K	-66.1%
Bowling Portfolio Management	0	-38.95K	EXIT
Renaissance Technologies	652.6K	-38.3K	-5.5%
Oxford Asset Management	0	-38.16K	EXIT
LSV Asset Management	239.47K	-37.34K	-13.5%
BLK BlackRock	617.33K	+30.82K	+5.3%

Data from 13F filings. Stock values as filed, not updated for current price. Long positions only.

Financial report summary

Competition

Target • Giant • Safeway • Costco • Target

Management Discussion

Sales. Sales were $458,292 in the 13 weeks ended April 25, 2020, an increase of 15.9% compared to the 13 weeks ended April 27, 2019. Sales increased due to the opening of the Stroudsburg replacement store on November 1, 2019, the acquisition of Gourmet Garage on June 24, 2019 and a same store sales increase of 13.6%. Same store sales increased due primarily to the impact of the COVID-19 outbreak and related stay-at-home measures, most significantly in March where sales reached unprecedented levels. Same store sales also increased due to continued sales growth in the Bronx, New York City store opened on June 28, 2018 and digital sales growth of 41.8%.
Sales were $1,303,116 in the 39 weeks ended April 25, 2020, an increase of 6.4% from the 39 weeks ended April 27, 2019. Sales increased due to the opening of the Stroudsburg replacement store on November 1, 2019, the acquisition of Gourmet Garage on June 24, 2019 and a same store sales increase of 4.5%. Same store sales increased due primarily to the impact of the COVID-19 outbreak and related stay-at-home measures. Same store sales also increased due to continued sales growth in the Bronx, New York City store opened on June 28, 2018 and digital sales growth of 28.1%. These increases were partially offset by the impact of two competitor store openings and decreased promotional spending in Maryland.
New stores and replacement stores are included in same store sales in the quarter after the store has been in operation for four full quarters. Store renovations and expansions are included in same store sales immediately.

Content analysis ?

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	H.S. sophomore Avg

New words: annum, approved, arising, Bank, Bay, bear, bearing, began, Blue, Box, boxed, breakup, bulk, call, capacity, CDC, centralized, Chelsea, cleaning, crew, cultivating, deep, deployed, disinfectant, distancing, diversion, duty, East, Easter, EBITDAR, effectuated, elderly, encourage, enhanced, enrolled, entirety, environmental, essential, exacerbate, Feeding, fifteen, floor, fogging, forward, fourth, guest, healthcare, hot, ii, imprecise, inability, installed, integrating, intermittent, length, marketplace, matter, merging, monthly, mortgaged, night, nightly, notional, Pelham, picking, platform, premium, priority, purpose, rapidly, reached, recommended, reliable, remote, remotely, Reserved, response, rest, safe, salaried, sanitation, schedule, Side, signage, significantly, signify, sourced, specifically, Sunday, surrendered, swap, text, touch, traffic, travel, uncertainty, unfavorable, unforeseen, unprecedented, Upper, vested, weekly, West, withheld

Removed: accurately, buying, claim, community, determine, earning, estimate, experienced, exposed, favorable, fringe, healthy, leading, medical, northeastern, nutrition, ongoing, payroll, positive, precise, private, recovered, registered, secure, timing

From filing 10-Q 2020 Q3