VILLAGE SUPER MARKET PROFIT CLIMBS 57% IN FOURTH QUARTER

SPRINGFIELD, N.J. -- Village Super Market here, operator of 22 ShopRite stores in New Jersey and eastern Pennsylvania, reported a 57% increase in net income for the fourth quarter of fiscal 1997. .8 million reported in the previous fourth quarter. Same-store sales improved 2% in the quarter.Perry Sumas, president, said the increase in fourth-quarter net income was due to the improvement in same-store

SPRINGFIELD, N.J. -- Village Super Market here, operator of 22 ShopRite stores in New Jersey and eastern Pennsylvania, reported a 57% increase in net income for the fourth quarter of fiscal 1997.

.8 million reported in the previous fourth quarter. Same-store sales improved 2% in the quarter.

Perry Sumas, president, said the increase in fourth-quarter net income was due to the improvement in same-store sales, as well as lower operating costs. Same-store sales improved primari

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