SPRINGFIELD, N.J. -- Sales at Village Super Market here climbed in the third quarter and nine months ended April 27.
oss of $293,000 a year ago, due mainly to a 2.9% uptick in same-store sales and improved gross margin percentages, according to the 23-unit ShopRite chain, part of the Wakefern cooperative, Elizabeth, N.J.
For the nine months, sales increased 2% to $513.8 million from $503.6 million. Net income rose to $1.39 million from $227,000 a year before in the 39-week period, which included a net gain on the sale of property in the second quarter of $581,000, Village reported. Same-store sales were up 2%.