Taxes, opening costs lead to Q4 earnings dip for Village

Village Super Market on Tuesday said sales were up slightly for the fourth quarter and fiscal year, but earnings for both periods were down due to an unfavorable tax ruling and on costs associated with replacement stores.

Village, which operates 29 ShopRite stores in three states, said sales for the quarter ended July 26 increased by 5.5% to $397 million, while same-store sales increased by 0.9%. Replacement stores

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