Village Super Market (VLGE.A) Q4 2025 earnings summary

Executive summary

• Net income for fiscal 2025 was $56.4 million, up 12% year-over-year; adjusted net income rose 8% to $56.9 million, driven by a 3.8% increase in sales and 2.1% same store sales growth.

• Same store digital sales grew 10% year-over-year, with a notable 11% increase in the fourth quarter.

• Opened a 72,000 sq. ft. ShopRite replacement store in Watchung, NJ, contributing to sales growth.

Financial highlights

• Fiscal 2025 sales reached $2.32 billion, up from $2.24 billion in 2024.

• Gross profit margin decreased slightly to 28.57% from 28.70% year-over-year.

• Operating and administrative expenses as a percentage of sales improved to 23.92% from 24.34%.

• Adjusted operating and administrative expenses as a percentage of sales were 23.95%, down from 24.30%.

• Diluted EPS for Class A shares was $3.81, up from $3.40; for Class B shares, $2.75, up from $2.46.

• Cash dividends paid totaled $13.3 million, unchanged from the prior year.

Outlook and guidance

• Same store sales growth expected between 1.0% and 3.0% for fiscal 2026.

• Capital expenditures budgeted at $75 million for fiscal 2026, including new and replacement stores and technology upgrades.

• Effective income tax rate projected at 31.0%–32.0% for fiscal 2026.

• Board intends to maintain quarterly dividends at current rates.