Village Super Market
The 10-second takeaway
For the quarter ended Jan. 28 (Q2), Village Super Market beat slightly on revenue and crushed expectations on earnings per share.
Compared to the prior-year quarter, revenue grew and GAAP earnings per share increased significantly.
Margins grew across the board.
Village Super Market booked revenue of $362.6 million. The one analyst polled by S&P Capital IQ predicted revenue of $357.5 million on the same basis. GAAP reported sales were 9.9% higher than the prior-year quarter's $329.9 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Non-GAAP EPS came in at $0.66. The one earnings estimate compiled by S&P Capital IQ predicted $0.38 per share on the same basis. GAAP EPS of $0.67 for Q2 were 37% higher than the prior-year quarter's $0.49 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 27.4%, 50 basis points better than the prior-year quarter. Operating margin was 4.5%, 90 basis points better than the prior-year quarter. Net margin was 2.5%, 50 basis points better than the prior-year quarter.
Next quarter's average estimate for revenue is $332.7 million. On the bottom line, the average EPS estimate is $0.20.
Next year's average estimate for revenue is $1.33 billion. The average EPS estimate is $1.03.
If you're interested in retailers like Village Super Market as investments, you should check out the The Motley Fool's top stock for 2012. Its founder wrote the book on big box retailing, and it's growing in increasingly important international markets. Click here for instant access to this free report.
- Add Village Super Market to My Watchlist.
Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor of Motley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.