Friday, Village Super Market Inc.'s (VLGEA) fourth-quarter net income declined to $6.68 million from $6.89 million in the year earlier period. Excluding a $708,000 charge related to litigation in fiscal 2009, net income rose 7% in the fourth quarter compared with the prior year, primarily due to higher gross profit percentages, partially offset by higher operating expenses as a percentage of sales and higher depreciation expense.
Net income per class A common stock for the recent quarter slid to $0.50 from $0.52 and net income per class B common stock also descended to $0.39 from $0.41 in the previous year.
Sales for the fourth quarter of 2009 grew to $310.92 million from $297.97 million in the comparable period last year.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.