Village Super Market Reports 4.4% Revenue Growth to $1.796 Billion, Net Income Decline

Village Super Market, Inc. reported its financial results for the 39 weeks ending April 25, 2026, revealing a revenue increase of 4.4% to $1.796 billion, compared to $1.721 billion for the same period in the previous year. The company’s net income for the same period was $38.8 million, down from $40.9 million in the prior year. This decline in profitability was attributed to lower patronage dividends and increased operational costs, which impacted gross profit margins. The gross profit margin decreased to 28.15% from 28.71% year-over-year, primarily due to unfavorable changes in product mix and increased promotional spending.

In the most recent quarter, sales reached $572.6 million, a 1.6% increase from $563.7 million in the prior year. The growth was driven by the opening of a new replacement store in Watchung, NJ, although same-store sales experienced a slight decline of 0.2%. Excluding the impact of Winter Storm Fern, which caused store closures, same-store sales increased by 1.3%. The company noted that digital sales continued to grow, contributing positively to overall performance.

Operationally, Village Super Market has maintained a workforce of approximately 3,000 employees across its 34 supermarkets located in New Jersey, New York, Maryland, and Pennsylvania. The company has focused on enhancing customer engagement through loyalty programs and digital sales platforms, which have shown growth despite challenges in the physical retail environment. The company also reported a significant investment in capital expenditures, totaling $33.8 million, primarily for store renovations and technology upgrades.

Looking ahead, Village Super Market anticipates a continued increase in same-store sales ranging from 1.5% to 2.5% for fiscal 2026. The company plans to invest approximately $65 million in capital expenditures, which will include the construction of a new store in East Orange, NJ, and further renovations across its existing locations. The company remains optimistic about its liquidity position, supported by cash reserves and operating cash flows, which are expected to meet its working capital and capital expenditure needs for the foreseeable future.