Declared Dividend • Jun 17
Third quarter dividend of US$0.25 announced Dividend of US$0.25 is the same as last year. Ex-date: 2nd July 2026 Payment date: 23rd July 2026 Dividend yield will be 2.5%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (27% earnings payout ratio) and cash flows (26% cash payout ratio). The dividend has not increased over the past 10 years but has been stable with no material reductions to payments, indicating a long track record of dividend stability. Earnings per share has grown by 21% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Jun 13
Village Super Market, Inc. Declares Quarterly Cash Dividend on Class A and Class B Common Share, Payable on July 23, 2026 The Board of Directors of Village Super Market, Inc. declared quarterly cash dividends of $0.25 per Class A common share and $0.1625 per Class B common share. The dividends will be payable on July 23, 2026 to shareholders of record at the close of business on July 2, 2026. Reported Earnings • Jun 03
Third quarter 2026 earnings released: EPS: US$0.61 (vs US$0.75 in 3Q 2025) Third quarter 2026 results: EPS: US$0.61 (down from US$0.75 in 3Q 2025). Revenue: US$572.6m (up 1.6% from 3Q 2025). Net income: US$8.96m (down 17% from 3Q 2025). Profit margin: 1.6% (down from 1.9% in 3Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 21% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Jun 02
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to US$37.59, the stock trades at a trailing P/E ratio of 10.1x. Average trailing P/E is 19x in the Consumer Retailing industry in the US. Total returns to shareholders of 88% over the past three years. Recent Insider Transactions • Apr 13
CEO & Director recently sold US$548k worth of stock On the 8th of April, John Sumas sold around 13k shares on-market at roughly US$43.16 per share. This transaction amounted to 11% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was John's only on-market trade for the last 12 months. Declared Dividend • Mar 18
Second quarter dividend of US$0.25 announced Dividend of US$0.25 is the same as last year. Ex-date: 2nd April 2026 Payment date: 23rd April 2026 Dividend yield will be 2.4%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (26% earnings payout ratio) and cash flows (24% cash payout ratio). The dividend has not increased over the past 10 years but has been stable with no material reductions to payments, indicating a long track record of dividend stability. Earnings per share has grown by 14% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Mar 14
Village Super Market, Inc. Declares Quarterly Cash Dividend on Class A and Class B Common Share, Payable on April 23, 2026 The Board of Directors of Village Super Market, Inc. declared quarterly cash dividends of $0.25 per Class A common share and $0.1625 per Class B common share. The dividends will be payable on April 23, 2026 to shareholders of record at the close of business on April 2, 2026. New Risk • Mar 04
New minor risk - Financial position The company has a high level of debt. Net debt to equity ratio: 43% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. This is currently the only risk that has been identified for the company. Declared Dividend • Dec 18
First quarter dividend of US$0.25 announced Dividend of US$0.25 is the same as last year. Ex-date: 31st December 2025 Payment date: 22nd January 2026 Dividend yield will be 2.6%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (20% earnings payout ratio) and cash flows (40% cash payout ratio). The dividend has not increased over the past 10 years but has been stable with no material reductions to payments, indicating a long track record of dividend stability. Earnings per share has grown by 16% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Dec 13
Village Super Market, Inc. Declares Quarterly Cash Dividend on Class A and B Common Share, Payable on January 22, 2026 The Board of Directors of Village Super Market, Inc. declared quarterly cash dividends of $0.25 per Class A common share and $0.1625 per Class B common share. The dividends will be payable on January 22, 2026 to shareholders of record at the close of business on January 1, 2026. Reported Earnings • Dec 02
First quarter 2026 earnings released: EPS: US$0.81 (vs US$0.86 in 1Q 2025) First quarter 2026 results: EPS: US$0.81 (down from US$0.86 in 1Q 2025). Revenue: US$582.6m (up 4.5% from 1Q 2025). Net income: US$12.0m (down 2.9% from 1Q 2025). Profit margin: 2.1% (in line with 1Q 2025). Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 14% per year. Announcement • Oct 28
Village Super Market, Inc., Annual General Meeting, Dec 12, 2025 Village Super Market, Inc., Annual General Meeting, Dec 12, 2025. New Risk • Oct 08
New minor risk - Financial position The company has a high level of debt. Net debt to equity ratio: 48% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. This is currently the only risk that has been identified for the company. Buy Or Sell Opportunity • Sep 24
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 3.0% to US$37.31. The fair value is estimated to be US$46.82, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.8% over the last 3 years. Earnings per share has grown by 23%. Declared Dividend • Sep 24
Third quarter dividend of US$0.25 announced Dividend of US$0.25 is the same as last year. Ex-date: 2nd October 2025 Payment date: 23rd October 2025 Dividend yield will be 2.7%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (26% earnings payout ratio) and cash flows (40% cash payout ratio). The dividend has not increased over the past 10 years but has been stable with no material reductions to payments, indicating a long track record of dividend stability. Earnings per share has grown by 19% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Buy Or Sell Opportunity • Sep 08
Now 20% undervalued The stock has been flat over the last 90 days, currently trading at US$37.20. The fair value is estimated to be US$46.69, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.8% over the last 3 years. Earnings per share has grown by 23%. Declared Dividend • Jun 25
Third quarter dividend of US$0.25 announced Dividend of US$0.25 is the same as last year. Ex-date: 3rd July 2025 Payment date: 24th July 2025 Dividend yield will be 2.6%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (26% earnings payout ratio) and cash flows (40% cash payout ratio). The dividend has not increased over the past 10 years but has been stable with no material reductions to payments, indicating a long track record of dividend stability. Earnings per share has grown by 19% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Buy Or Sell Opportunity • Jun 25
Now 21% undervalued Over the last 90 days, the stock has risen 7.5% to US$38.69. The fair value is estimated to be US$48.92, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.8% over the last 3 years. Earnings per share has grown by 23%. Announcement • Jun 21
Village Super Market, Inc. Declares Quarterly Cash Dividends on Class A and B Common Share, Payable on July 24, 2025 The Board of Directors of Village Super Market, Inc. declared quarterly cash dividends of $0.25 per Class A common share and $0.1625 per Class B common share. The dividends will be payable on July 24, 2025 to shareholders of record at the close of business on July 3, 2025. New Risk • Jun 04
New minor risk - Financial position The company has a high level of debt. Net debt to equity ratio: 48% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (48% net debt to equity). Significant insider selling over the past 3 months (US$760k sold). Reported Earnings • Jun 03
Third quarter 2025 earnings released: EPS: US$0.76 (vs US$0.60 in 3Q 2024) Third quarter 2025 results: EPS: US$0.76 (up from US$0.60 in 3Q 2024). Revenue: US$563.7m (up 3.2% from 3Q 2024). Net income: US$11.2m (up 29% from 3Q 2024). Profit margin: 2.0% (up from 1.6% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth. Recent Insider Transactions • Apr 30
Independent Director recently sold US$177k worth of stock On the 25th of April, Kevin Begley sold around 5k shares on-market at roughly US$35.36 per share. This transaction amounted to 10% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$1.3m more than they bought in the last 12 months. Recent Insider Transactions • Apr 15
Independent Director recently sold US$112k worth of stock On the 9th of April, Kevin Begley sold around 3k shares on-market at roughly US$37.40 per share. This transaction amounted to 5.8% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth US$114k. Insiders have been net sellers, collectively disposing of US$799k more than they bought in the last 12 months. Recent Insider Transactions • Apr 03
CFO & Treasurer recently sold US$114k worth of stock On the 1st of April, John Van Orden sold around 3k shares on-market at roughly US$38.00 per share. This transaction amounted to 7.5% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. John has been a net seller over the last 12 months, reducing personal holdings by US$175k. Declared Dividend • Mar 19
Second quarter dividend of US$0.25 announced Dividend of US$0.25 is the same as last year. Ex-date: 3rd April 2025 Payment date: 24th April 2025 Dividend yield will be 2.9%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (27% earnings payout ratio) and cash flows (40% cash payout ratio). The dividend has not increased over the past 10 years but has been stable with no material reductions to payments, indicating a long track record of dividend stability. Earnings per share has grown by 26% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. New Risk • Mar 05
New minor risk - Financial position The company has a high level of debt. Net debt to equity ratio: 54% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. This is currently the only risk that has been identified for the company. Reported Earnings • Mar 04
Second quarter 2025 earnings released: EPS: US$1.15 (vs US$0.97 in 2Q 2024) Second quarter 2025 results: EPS: US$1.15 (up from US$0.97 in 2Q 2024). Revenue: US$599.7m (up 4.2% from 2Q 2024). Net income: US$16.9m (up 21% from 2Q 2024). Profit margin: 2.8% (up from 2.4% in 2Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Declared Dividend • Dec 19
First quarter dividend of US$0.25 announced Dividend of US$0.25 is the same as last year. Ex-date: 2nd January 2025 Payment date: 23rd January 2025 Dividend yield will be 3.1%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by both earnings (29% earnings payout ratio) and cash flows (68% cash payout ratio). The dividend has not increased over the past 10 years but has been stable with no material reductions to payments, indicating a long track record of dividend stability. Earnings per share has grown by 17% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Dec 14
Village Super Market, Inc. Declares Quarterly Dividend, Payable on January 23, 2025 The Board of Directors of Village Super Market, Inc. declared quarterly cash dividends of $0.25 per Class A common share and $0.1625 per Class B common share. The dividends will be payable on January 23, 2025 to shareholders of record at the close of business on January 2, 2025. New Risk • Dec 05
New minor risk - Financial position The company has a high level of debt. Net debt to equity ratio: 57% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (57% net debt to equity). Significant insider selling over the past 3 months (US$435k sold). Reported Earnings • Dec 03
First quarter 2025 earnings released: EPS: US$0.87 (vs US$0.78 in 1Q 2024) First quarter 2025 results: EPS: US$0.87 (up from US$0.78 in 1Q 2024). Revenue: US$557.7m (up 4.0% from 1Q 2024). Net income: US$12.8m (up 15% from 1Q 2024). Profit margin: 2.3% (up from 2.1% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. Buy Or Sell Opportunity • Nov 13
Now 21% undervalued Over the last 90 days, the stock has risen 16% to US$32.78. The fair value is estimated to be US$41.56, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.4% over the last 3 years. Earnings per share has grown by 31%. Valuation Update With 7 Day Price Move • Nov 06
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to US$33.27, the stock trades at a trailing P/E ratio of 10.2x. Average trailing P/E is 22x in the Consumer Retailing industry in the US. Total returns to shareholders of 65% over the past three years. Recent Insider Transactions • Oct 20
Independent Director recently sold US$157k worth of stock On the 18th of October, Kevin Begley sold around 5k shares on-market at roughly US$30.56 per share. This transaction amounted to 7.7% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$294k more than they bought in the last 12 months. Reported Earnings • Oct 10
Full year 2024 earnings released: EPS: US$5.86 (vs US$3.38 in FY 2023) Full year 2024 results: EPS: US$5.86 (up from US$3.38 in FY 2023). Revenue: US$2.24b (up 3.2% from FY 2023). Net income: US$50.5m (up 4.9% from FY 2023). Profit margin: 2.3% (up from 2.2% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Declared Dividend • Sep 18
Third quarter dividend of US$0.25 announced Dividend of US$0.25 is the same as last year. Ex-date: 3rd October 2024 Payment date: 24th October 2024 Dividend yield will be 3.1%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by both earnings (30% earnings payout ratio) and cash flows (50% cash payout ratio). The dividend has not increased over the past 10 years but has been stable with no material reductions to payments, indicating a long track record of dividend stability. Earnings per share has grown by 14% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Sep 14
Village Super Market, Inc. Declares Quarterly Cash Dividend, Payable on October 24, 2024 Village Super Market, Inc. announced that its Board of Directors declared quarterly cash dividends of $0.25 per Class A common share and $0.1625 per Class B common share. The dividends will be payable on October 24, 2024 to shareholders of record at the close of business on October 3, 2024. Recent Insider Transactions • Jul 31
Insider recently sold US$76k worth of stock On the 26th of July, Luigi Perri sold around 3k shares on-market at roughly US$30.52 per share. This transaction amounted to 11% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$137k more than they bought in the last 12 months. Recent Insider Transactions Derivative • Jul 29
Insider notifies of intention to sell stock Luigi Perri intends to sell 3k shares in the next 90 days after lodging an Intent To Sell Form on the 26th of July. If the sale is conducted around the recent share price of US$30.49, it would amount to US$76k. Luigi currently holds less than 1% of total shares outstanding. There have been no trades via on-market transactions or options from company insiders in the last 12 months. Announcement • Jul 18
Village Super Market, Inc. Announces Board Changes Village Super Market, Inc. is deeply saddened to announce the passing of William P. Sumas (Bill), Chairman of the Board, member and key leader in the Wakefern Food Corp. (Wakefern) cooperative and the supermarket industry. Mr. Sumas, 77, passed peacefully surrounded by loved ones on July 11, 2024. Mr. Sumas joined Village in 1960 and served as Chairman of the Board since 2017. He was also the longest serving Chairman of the Board of the New Jersey Food Council from 2000-2007. Robert Sumas, Chief Executive Officer and Vice Chairman of the Board of Directors, will be the interim Chairman of the Board until the Board meets to appoint a new Chair. Declared Dividend • Jun 19
Third quarter dividend of US$0.25 announced Dividend of US$0.25 is the same as last year. Ex-date: 3rd July 2024 Payment date: 25th July 2024 Dividend yield will be 3.9%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is covered by both earnings (30% earnings payout ratio) and cash flows (50% cash payout ratio). The dividend has not increased over the past 10 years but has been stable with no material reductions to payments, indicating a long track record of dividend stability. Earnings per share has grown by 14% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Jun 15
Village Super Market, Inc. Declares Quarterly Cash Dividends on Class A and Class B Common Shares, Payable on July 25, 2024 The Board of Directors of Village Super Market, Inc. declared quarterly cash dividends of $0.25 per Class A common share and $0.1625 per Class B common share. The dividends will be payable on July 25, 2024 to shareholders of record at the close of business on July 4, 2024. Reported Earnings • Jun 05
Third quarter 2024 earnings released: EPS: US$0.61 (vs US$0.75 in 3Q 2023) Third quarter 2024 results: EPS: US$0.61 (down from US$0.75 in 3Q 2023). Revenue: US$546.4m (up 3.2% from 3Q 2023). Net income: US$8.97m (down 16% from 3Q 2023). Profit margin: 1.6% (down from 2.0% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Recent Insider Transactions Derivative • Apr 04
Executive VP & Chairman of the Board notifies of intention to sell stock William Sumas intends to sell 5k shares in the next 90 days after lodging an Intent To Sell Form on the 2nd of April. If the sale is conducted around the recent share price of US$27.90, it would amount to US$140k. Since June 2023, William has owned 657.62k shares directly. Company insiders have collectively sold US$86k more than they bought, via options and on-market transactions in the last 12 months. Declared Dividend • Mar 20
Second quarter dividend of US$0.25 announced Dividend of US$0.25 is the same as last year. Ex-date: 3rd April 2024 Payment date: 25th April 2024 Dividend yield will be 3.6%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (28% earnings payout ratio) and cash flows (28% cash payout ratio). The dividend has not increased over the past 10 years but has been stable with no material reductions to payments, indicating a long track record of dividend stability. Earnings per share has grown by 13% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Mar 16
Village Super Market, Inc. Declares Quarterly Cash Dividend, Payable on April 25, 2024 The Board of Directors of Village Super Market, Inc. declared quarterly cash dividends of $0.25 per Class A common share and $0.1625 per Class B common share. The dividends will be payable on April 25, 2024 to shareholders of record at the close of business on April 4, 2024. New Risk • Mar 06
New minor risk - Financial position The company has a high level of debt. Net debt to equity ratio: 60% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (60% net debt to equity). Shareholders have been diluted in the past year (2.0% increase in shares outstanding). Reported Earnings • Mar 06
Second quarter 2024 earnings released: EPS: US$0.98 (vs US$0.85 in 2Q 2023) Second quarter 2024 results: EPS: US$0.98 (up from US$0.85 in 2Q 2023). Revenue: US$575.6m (up 2.1% from 2Q 2023). Net income: US$14.5m (up 21% from 2Q 2023). Profit margin: 2.5% (up from 2.1% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Upcoming Dividend • Dec 27
Upcoming dividend of US$0.25 per share at 3.9% yield Eligible shareholders must have bought the stock before 03 January 2024. Payment date: 25 January 2024. Payout ratio is a comfortable 29% and this is well supported by cash flows. Trailing yield: 3.9%. Lower than top quartile of American dividend payers (4.5%). Higher than average of industry peers (1.5%). Reported Earnings • Dec 06
First quarter 2024 earnings released: EPS: US$0.78 (vs US$0.76 in 1Q 2023) First quarter 2024 results: EPS: US$0.78 (up from US$0.76 in 1Q 2023). Revenue: US$536.4m (up 3.2% from 1Q 2023). Net income: US$11.6m (up 7.5% from 1Q 2023). Profit margin: 2.2% (in line with 1Q 2023). Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Announcement • Oct 31
Village Super Market, Inc., Annual General Meeting, Dec 15, 2023 Village Super Market, Inc., Annual General Meeting, Dec 15, 2023, at 10:00 US Eastern Standard Time. Agenda: To consider and approve the election of Directors; to consider ratification of KPMG LLP as independent registered public accounting firm for the fiscal year 2024; to consider and approve the compensation named executive officer; and to transact any other business. Recent Insider Transactions Derivative • Oct 20
Executive VP & Chairman of the Board notifies of intention to sell stock William Sumas intends to sell 5k shares in the next 90 days after lodging an Intent To Sell Form on the 18th of October. If the sale is conducted around the recent share price of US$23.75, it would amount to US$119k. Since March 2023, William's direct individual holding has decreased from 669.09k shares to 657.62k. Company insiders have collectively sold US$597k more than they bought, via options and on-market transactions in the last 12 months. Reported Earnings • Oct 05
Full year 2023 earnings released: EPS: US$3.35 (vs US$1.84 in FY 2022) Full year 2023 results: EPS: US$3.35 (up from US$1.84 in FY 2022). Revenue: US$2.17b (up 5.1% from FY 2022). Net income: US$49.7m (up 91% from FY 2022). Profit margin: 2.3% (up from 1.3% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Upcoming Dividend • Sep 27
Upcoming dividend of US$0.25 per share at 4.4% yield Eligible shareholders must have bought the stock before 04 October 2023. Payment date: 26 October 2023. Payout ratio is a comfortable 31% and this is well supported by cash flows. Trailing yield: 4.4%. Lower than top quartile of American dividend payers (5.0%). Higher than average of industry peers (1.6%). Announcement • Sep 16
Village Super Market, Inc. Declares Quarterly Dividend, Payable on October 26, 2023 The Board of Directors of Village Super Market, Inc. declared quarterly cash dividends of $0.25 per Class A common share and $0.1625 per Class B common share. The dividends will be payable on October 26, 2023 to shareholders of record at the close of business on October 5, 2023. Recent Insider Transactions Derivative • Jul 28
Executive VP & Chairman of the Board notifies of intention to sell stock William Sumas intends to sell 5k shares in the next 90 days after lodging an Intent To Sell Form on the 25th of July. If the sale is conducted around the recent share price of US$23.53, it would amount to US$118k. Since December 2022, William's direct individual holding has increased from 655.04k shares to 657.62k. Company insiders have collectively sold US$597k more than they bought, via options and on-market transactions in the last 12 months. Upcoming Dividend • Jun 28
Upcoming dividend of US$0.25 per share at 4.5% yield Eligible shareholders must have bought the stock before 05 July 2023. Payment date: 27 July 2023. Payout ratio is a comfortable 31% and this is well supported by cash flows. Trailing yield: 4.5%. Lower than top quartile of American dividend payers (5.0%). Higher than average of industry peers (1.6%). Announcement • Jun 17
Village Super Market, Inc. Declares Quarterly Cash Dividends on Class A Common Share and Class B Common Share, Payable on July 27, 2023 The Board of Directors of Village Super Market, Inc. declared quarterly cash dividends of $0.25 per Class A common share and $0.1625 per Class B common share. The dividends will be payable on July 27, 2023 to shareholders of record at the close of business on July 6, 2023. Recent Insider Transactions Derivative • Jun 17
Executive VP & Chairman of the Board notifies of intention to sell stock William Sumas intends to sell 7k shares in the next 90 days after lodging an Intent To Sell Form on the 13th of June. If the sale is conducted around the recent share price of US$22.59, it would amount to US$166k. Since December 2022, William's direct individual holding has increased from 655.04k shares to 657.62k. Company insiders have collectively sold US$597k more than they bought, via options and on-market transactions in the last 12 months. New Risk • Jun 08
New minor risk - Financial position The company has a high level of debt. Net debt to equity ratio: 71% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (71% net debt to equity). Significant insider selling over the past 3 months (US$516k sold). Reported Earnings • Jun 07
Third quarter 2023 earnings released: EPS: US$0.76 (vs US$0.23 loss in 3Q 2022) Third quarter 2023 results: EPS: US$0.76 (up from US$0.23 loss in 3Q 2022). Revenue: US$529.3m (up 5.4% from 3Q 2022). Net income: US$11.0m (up US$14.3m from 3Q 2022). Profit margin: 2.1% (up from net loss in 3Q 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Recent Insider Transactions • Apr 05
Executive VP & Chairman of the Board recently sold US$161k worth of stock On the 3rd of April, William Sumas sold around 7k shares on-market at roughly US$22.81 per share. This transaction amounted to 4.8% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth US$257k. This was William's only on-market trade for the last 12 months. Upcoming Dividend • Mar 29
Upcoming dividend of US$0.25 per share at 4.4% yield Eligible shareholders must have bought the stock before 05 April 2023. Payment date: 27 April 2023. Payout ratio is a comfortable 44% and this is well supported by cash flows. Trailing yield: 4.4%. Lower than top quartile of American dividend payers (4.9%). Higher than average of industry peers (1.7%). Recent Insider Transactions • Mar 26
Executive VP recently sold US$257k worth of stock On the 23rd of March, John Sumas sold around 11k shares on-market at roughly US$22.47 per share. This transaction amounted to 9.2% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$350k more than they bought in the last 12 months. Reported Earnings • Mar 09
Second quarter 2023 earnings released: EPS: US$0.85 (vs US$0.69 in 2Q 2022) Second quarter 2023 results: EPS: US$0.85 (up from US$0.69 in 2Q 2022). Revenue: US$563.9m (up 4.9% from 2Q 2022). Net income: US$12.3m (up 25% from 2Q 2022). Profit margin: 2.2% (up from 1.8% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 12% per year whereas the company’s share price has increased by 10% per year. Recent Insider Transactions • Jan 08
Executive VP recently sold US$93k worth of stock On the 4th of January, John Sumas sold around 4k shares on-market at roughly US$23.20 per share. This transaction amounted to 3.5% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Upcoming Dividend • Dec 28
Upcoming dividend of US$0.25 per share Eligible shareholders must have bought the stock before 04 January 2023. Payment date: 26 January 2023. Payout ratio is a comfortable 48% and this is well supported by cash flows. Trailing yield: 4.2%. Lower than top quartile of American dividend payers (4.5%). Higher than average of industry peers (1.6%). Reported Earnings • Dec 08
First quarter 2023 earnings released: EPS: US$0.76 (vs US$0.50 in 1Q 2022) First quarter 2023 results: EPS: US$0.76 (up from US$0.50 in 1Q 2022). Revenue: US$519.7m (up 5.2% from 1Q 2022). Net income: US$11.1m (up 56% from 1Q 2022). Profit margin: 2.1% (up from 1.4% in 1Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Board Change • Nov 17
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 8 highly experienced directors. 3 independent directors (5 non-independent directors). Independent Director Kevin Begley was the last independent director to join the board, commencing their role in 2009. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Oct 04
Full year 2022 earnings released: EPS: US$1.85 (vs US$1.37 in FY 2021) Full year 2022 results: EPS: US$1.85 (up from US$1.37 in FY 2021). Revenue: US$2.06b (up 1.5% from FY 2021). Net income: US$26.8m (up 39% from FY 2021). Profit margin: 1.3% (up from 1.0% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Upcoming Dividend • Sep 28
Upcoming dividend of US$0.25 per share Eligible shareholders must have bought the stock before 05 October 2022. Payment date: 27 October 2022. Payout ratio is a comfortable 62% and this is well supported by cash flows. Trailing yield: 5.1%. Within top quartile of American dividend payers (4.7%). Higher than average of industry peers (1.7%). Upcoming Dividend • Jun 29
Upcoming dividend of US$0.25 per share Eligible shareholders must have bought the stock before 06 July 2022. Payment date: 28 July 2022. Payout ratio is a comfortable 62% and this is well supported by cash flows. Trailing yield: 4.4%. Within top quartile of American dividend payers (4.3%). Higher than average of industry peers (1.7%). Reported Earnings • Jun 08
Third quarter 2022 earnings released: US$0.22 loss per share (vs US$0.18 profit in 3Q 2021) Third quarter 2022 results: US$0.22 loss per share (down from US$0.18 profit in 3Q 2021). Revenue: US$502.0m (up 4.3% from 3Q 2021). Net loss: US$3.23m (down 230% from profit in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has fallen by 3% per year. Board Change • Apr 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 8 highly experienced directors. 3 independent directors (5 non-independent directors). Independent Director Kevin Begley was the last independent director to join the board, commencing their role in 2009. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Upcoming Dividend • Mar 30
Upcoming dividend of US$0.25 per share Eligible shareholders must have bought the stock before 06 April 2022. Payment date: 28 April 2022. Payout ratio is a comfortable 49% and this is well supported by cash flows. Trailing yield: 4.1%. Within top quartile of American dividend payers (3.7%). Higher than average of industry peers (1.4%). Reported Earnings • Mar 11
Second quarter 2022 earnings: EPS exceeds analyst expectations Second quarter 2022 results: EPS: US$0.70 (up from US$0.31 in 2Q 2021). Revenue: US$537.4m (up 2.8% from 2Q 2021). Net income: US$10.1m (up 130% from 2Q 2021). Profit margin: 1.9% (up from 0.8% in 2Q 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 57%. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Buying Opportunity • Mar 09
Now 22% undervalued Over the last 90 days, the stock is up 4.1%. The fair value is estimated to be US$29.48, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.1% per annum over the last 3 years. Earnings per share has declined by 5.5% per annum over the last 3 years. Buying Opportunity • Feb 02
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 1.6%. The fair value is estimated to be US$28.54, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.1% per annum over the last 3 years. Earnings per share has declined by 5.5% per annum over the last 3 years. Upcoming Dividend • Dec 29
Upcoming dividend of US$0.25 per share Eligible shareholders must have bought the stock before 05 January 2022. Payment date: 27 January 2022. Payout ratio is a comfortable 61% and this is well supported by cash flows. Trailing yield: 4.4%. Within top quartile of American dividend payers (3.5%). Higher than average of industry peers (1.4%). Reported Earnings • Dec 10
First quarter 2022 earnings: EPS exceeds analyst expectations First quarter 2022 results: EPS: US$0.56 (up from US$0.23 in 1Q 2021). Revenue: US$494.2m (flat on 1Q 2021). Net income: US$7.33m (up 126% from 1Q 2021). Profit margin: 1.5% (up from 0.7% in 1Q 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 57%. Earnings per share (EPS) surpassed analyst estimates by 57%. Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has fallen by 6% per year.