Springfield, N.J. – Village Super Market Inc. (NASDAQ: VLGEA) released its fiscal fourth‑quarter earnings on Tuesday, showing a profit of $13.6 million. On a per‑share basis the company earned 92 cents, reflecting the profitability of its Springfield‑headquartered supermarket chain during the quarter.
Quarterly revenue and earnings
The retailer reported total revenue of $609.6 million for the quarter. Those figures translate into a solid earnings performance for a company that serves shoppers across New Jersey and surrounding markets.
Full‑year results
For the entire fiscal year, Village Super Market posted a net profit of $52.5 million, or $3.54 per share. Annual revenue reached $2.41 billion, underscoring the chain’s scale and its role in the regional grocery sector.
Data source
The earnings snapshot was generated by Automated Insights using data supplied by Zacks Investment Research. Readers can access a detailed Zacks stock report on VLGEA at the provided link.
Local significance
As a Springfield‑based employer, Village Super Market’s financial health has direct implications for the local economy, including job stability for store staff and ancillary businesses that rely on the chain’s operations. While the report does not break out employment numbers, the company’s continued profitability suggests a stable presence in the community.
Outlook
The company did not issue forward‑looking guidance in this release. Investors and local stakeholders will likely watch upcoming quarterly updates for trends in sales and earnings.
Overall, Village Super Market’s fourth‑quarter performance demonstrates continued revenue generation and profitability, reinforcing its position as a key grocery retailer in the Springfield area.
Original reporting: Alexandria, VA News – WTOP News — read the source article.