Village Posts Q3 Sales Gains

SPRINGFIELD, N.J. — ShopRite operator Village Super Market here said Thursday that sales grew 5.2% in the fiscal third quarter, although profits were hit by a one-time charge related to a pension-plan withdrawal liability.

SPRINGFIELD, N.J. — ShopRite operator Village Super Market here said Thursday that sales grew 5.2% in the fiscal third quarter, although profits were hit by a one-time charge related to a pension-plan withdrawal liability.

Net income for the 13-week period, which ended April 30, totaled $1.67 million, down 68% after the $4.24 million (after tax) charge. Excluding the charge, net income was $5.91 mi

Register to view the full article

Already a member? .