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.
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