VLGEA Overview

Dividend Declaration: Village Super Market (VLGEA) has declared a quarterly dividend of $0.25 per share, consistent with previous dividends, and $0.1625 for Class B common shares.

Dividend Details: The dividend is payable on January 22 to shareholders of record as of January 1, with an ex-dividend date of December 30, resulting in a forward yield of 2.63%.

Market Analysis: Recent selloff of Village Super Market's stock is viewed as unjustified, with comparisons made to Weis Markets indicating that VLGEA is significantly cheaper.

Industry Context: Grocers, including Village Super Market, are preparing for the potential impact of the end of SNAP benefits, which may affect sales and consumer behavior.

Dividend Declaration: Village Super Market, Inc. announced quarterly cash dividends of $0.25 for Class A shares and $0.1625 for Class B shares, payable on January 22, 2026.

Record Date: Shareholders must be on record by the close of business on January 1, 2026, to receive the declared dividends.

Company Overview: Village Super Market operates 34 supermarkets under the ShopRite and Fairway brands across New Jersey, Maryland, New York, and eastern Pennsylvania, along with three specialty markets in New York City.

Contact Information: For inquiries, shareholders can contact John Van Orden, CFO, at (973) 467-2200 or via email at VillageInvestorRelations@wakefern.com.

Earnings Decline: Village Super Market, Inc. reported a decrease in earnings for the first quarter, with net income falling to $12.00 million, or $0.81 per share, compared to $12.80 million, or $0.86 per share, from the previous year.

Revenue Growth: Despite the drop in earnings, the company's revenue increased by 4.5%, reaching $582.59 million, up from $557.69 million in the same period last year.