SPRINGFIELD, N.J. — Village Super Market here yesterday said remodeled stores and favorable comparisons to year-ago promotions helped drive a 4.3% gain in same-store sales for the 13-week third quarter that ended April 28. Net income rose 21%, to $4.89 million, on a sales gain that matched the same-store increase of 4.3%, to $255.3 million. Sales gains were partially offset by new competition in some areas, the company said. Through three quarters, the 23-store ShopRite operator saw net income rise 24%, to $14.17 million, on sales of $777.2 million, a gain of 3% in both total sales and same-store sales.
Read More of Today's Headlines