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Village Super Market, Inc. reports fourth quarter results

Sales were $401,550 in the first quarter of fiscal 2019, an increase of 3.7% compared to the first quarter of the prior year. Sales increased 3.7% due to the opening of the Bronx, New York City store on June 28, 2018 and a same store sales increase of 1.3%. Same store sales increased due primarily to growth in recently remodeled and expanded stores partially offset by the impact of one competitor store opening. The Company expects same store sales in fiscal 2019 to increase .5% to 2.5%. New stores and replacement stores are included in same store sales in the quarter after the store has been in operation for four full quarters.

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