Village Posts Profit, Sales Gains in Q1

Village Super Market yesterday said profits rose 48% in the first quarter, to $6.4 million, driven by sales from two new stores and comparable-store sales increases of 4.2%.

SPRINGFIELD, N.J. — Village Super Market here yesterday said profits rose 48% in the first quarter, to $6.4 million, driven by sales from two new stores and comparable-store sales increases of 4.2%. Sales for the 13-week period, which ended Oct. 25, were up 10.4% to $291 million.

The company, which operates 25 ShopRites in New Jersey and Pennsylvania, said it had increases in both customer traffic and transaction size. Inflation also helped drive comps in the quarter. Gross pro

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