Village Super Market Revenue Rises 6.9% to $640.96M in Q2 FY2026
The New Jersey-based supermarket chain posted net revenue of $640.96 million for the quarter ending January 24, 2026, up from $599.65 million in the prior-year period. Net income reached $17.87 million.
Village Super Market, Inc., a New Jersey-based supermarket operator, reported net revenue of $640.96 million for the quarter ending January 24, 2026, a 6.9% increase from $599.65 million in the same quarter last year. The company's net income for the quarter came in at $17.87 million, compared to $16.90 million in the prior-year period. Read more earnings reports.
For the six months ending January 24, 2026, total revenue reached $1.22 billion, up 5.7% from $1.16 billion in the first half of fiscal 2025. Net income for the half-year period was $29.87 million, essentially flat compared to $29.70 million a year earlier.
Margins Under Pressure Despite Revenue Growth
The company's gross profit for the second quarter was $179.88 million, representing 28.1% of revenue, compared to $170.01 million or 28.4% in the prior-year quarter. Cost of goods sold increased to $461.08 million from $429.65 million year-over-year.
Operating income for the quarter was $23.46 million, up from $22.15 million in the year-ago period. For the six-month period, operating income totaled $38.56 million versus $38.13 million last year.
Labor Costs Rise Alongside Revenue
Labor and related expenses for the quarter totaled $54.76 million, up from $52.95 million in the prior-year quarter. For the six-month period, labor costs reached $107.91 million compared to $103.88 million a year earlier.
Interest expense declined to $847,000 in the quarter from $982,000 in the prior-year period. For the half-year, interest expense dropped to $1.71 million from $1.97 million.
Strong Cash Position and Operating Performance
Cash and cash equivalents stood at $160.11 million as of January 24, 2026, up from $110.70 million at the fiscal year-end on July 26, 2025. The company generated $78.78 million in cash from operations during the six-month period, compared to $60.95 million in the prior-year period.
Capital expenditures totaled $21.80 million for the half-year, down from $32.19 million in the same period last year. The company paid dividends of $6.65 million during the six months, unchanged from the prior year.
Balance Sheet Strengthens
Total assets increased to $1.03 billion as of January 24, 2026, from $1.00 billion at July 26, 2025. Stockholders' equity rose to $516.67 million from $491.96 million over the same period. Inventory decreased to $45.18 million from $51.42 million at fiscal year-end.
Total liabilities declined slightly to $510.58 million from $511.75 million. Long-term debt stood at $58.88 million as of January 24, 2026, compared to $57.99 million at the end of fiscal 2025.
Per-Share Metrics
Diluted earnings per share for the quarter were $2.02, compared to $2.01 in the prior-year quarter. For the six-month period, diluted EPS came in at $1.46, essentially flat with $1.45 a year earlier. The company had 4.13 million common shares outstanding as of January 24, 2026.
| Key Financials (in thousands, except per-share data) | Q2 FY2026 | Q2 FY2025 |
|---|---|---|
| Net Revenue | $640,959 | $599,651 |
| Gross Profit | $179,878 | $170,006 |
| Operating Income | $23,463 | $22,150 |
| Net Income | $17,872 | $16,896 |
| Diluted EPS | $2.02 | $2.01 |
| Balance Sheet Highlights (in thousands) | Jan 24, 2026 | Jul 26, 2025 |
|---|---|---|
| Total Assets | $1,027,249 | $1,003,711 |
| Cash & Cash Equivalents | $160,105 | $110,699 |
| Total Stockholders' Equity | $516,670 | $491,964 |