Village Profits Up on Flat Comps

Village Super Markets said Friday that profitability improved in the fourth quarter after one-time items, despite flat same-store sales.

SPRINGFIELD, N.J. — Village Super Markets said Friday that profitability improved in the fourth quarter after one-time items, despite flat same-store sales.

The 26-unit ShopRite operator posted $8.9 million in net income for the 14-week quarter, which ended July 31, a 33% increase over-year-ago levels. Excluding $1.2 million positive impact from an extra week in the 2010 quarter and a $708,000 afte

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