Village Super Market Q2 Revenue Up 6.9%, Digital Sales Jump 15%
Village Super Market’s Q2 fiscal 2026 EPS rose to $1.21 from $1.14, while net income climbed 6% to $17.9 million. Revenue grew 6.9% to $641 million driven by 4.8% same-store gains and a 15% increase in digital sales, bolstered by weather-driven demand and a new replacement store.
1. Earnings and Sales Performance
Village Super Market posted Q2 fiscal 2026 earnings of $1.21 per Class A share, up from $1.14 a year earlier, with net income rising 6% to $17.9 million. Revenue increased 6.9% year over year to $641 million, outpacing the prior quarter’s $599.7 million.
2. Sales Drivers and Digital Momentum
Comparable-store sales climbed 4.8%, reflecting higher customer activity, while same-store digital sales surged 15%. The quarter’s growth was partly fueled by increased purchases ahead of Winter Storm Fern and contributions from a newly opened replacement store.
3. Margin and Expense Trends
Gross profit margin slipped to 28.06% from 28.35% due to lower rebates, an unfavorable product mix and elevated promotions, although departmental margins improved. Operating expenses fell to 23.07% of sales from 23.22%, aided by lower labor, advertising and occupancy costs despite higher professional fees and weather-related expenses.
4. Store Development and Financial Factors
Village opened a replacement store in Watchung, N.J., on April 9, 2025, contributing to revenue gains. Depreciation and interest expenses declined on lower capital spending and debt balances, while the effective tax rate eased to 30.7% from 31.1%.