Village Q2 Profits Down, Sales Up

SPRINGFIELD, N.J. — Village Super Market here on Tuesday said net income for the fiscal second quarter fell 2% compared with year-ago results, largely due to lower gross profit as a percent of sales.

SPRINGFIELD, N.J. — Village Super Market here on Tuesday said net income for the fiscal second quarter fell 2% compared with year-ago results, largely due to lower gross profit as a percent of sales.

The company, which operates 26 ShopRites in New Jersey and Pennsylvania, said same-store sales for the quarter, which ended Jan. 29, were up 3.1%. Net income for the period totaled $6.6 million, while

Register to view the full article

test - Advanced Registered User

Already a member? .

TAGS: News