Village Super Market (NASDAQ:VLGEA) Issues Earnings Results

Village Super Market (NASDAQ:VLGEA) issued its quarterly earnings results on Thursday. The company reported $0.47 EPS for the quarter, Bloomberg Earnings reports. Village Super Market had a return on equity of 7.65% and a net margin of 1.51%. The company had revenue of $418.37 million during the quarter.

VLGEA traded down $0.07 on Friday, reaching $25.33. 767 shares of the stock were exchanged, compared to its average volume of 26,408. The company’s 50-day moving average price is $25.55 and its 200 day moving average price is $26.36. Village Super Market has a fifty-two week low of $23.75 and a fifty-two week high of $32.20. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.67 and a quick ratio of 1.29. The firm has a market capitalization of $379.58 million, a PE ratio of 16.07 and a beta of 0.38.

The company also recently declared a — dividend, which will be paid on Thursday, October 24th. Shareholders of record on Thursday, October 3rd will be given a dividend of $0.25 per share. The ex-dividend date is Wednesday, October 2nd. This represents a yield of 3.8%.

In other news, EVP John Sumas sold 2,000 shares of the business’s stock in a transaction dated Friday, July 26th. The stock was sold at an average price of $24.48, for a total value of $48,960.00. Following the completion of the transaction, the executive vice president now owns 115,422 shares of the company’s stock, valued at approximately $2,825,530.56. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 31.63% of the company’s stock.

Separately, BidaskClub raised Village Super Market from a “sell” rating to a “hold” rating in a research report on Friday, August 2nd.

About Village Super Market

Village Super Market, Inc operates a chain of supermarkets in the United States. Its stores feature specialty departments, such as an on-site bakery, an expanded delicatessen, various natural and organic foods, ethnic and international foods, prepared foods, and pharmacies. The company operates a chain of 30 ShopRite supermarkets, including 18 located in northern New Jersey, 8 located in southern New Jersey, 2 located in Maryland, 1 located in northeastern Pennsylvania, and 1 in Bronx, New York City.

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Earnings History for Village Super Market (NASDAQ:VLGEA)

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