SPRINGFIELD, N.J. — Village Super Markets said Friday that profitability improved in the fourth quarter after one-time items, despite flat same-store sales. The 26-unit ShopRite operator posted $8.9 million in net income for the 14-week quarter, which ended July 31, a 33% increase over-year-ago levels. Excluding $1.2 million positive impact from an extra week in the 2010 quarter and a $708,000 after-tax charge related to litigation in the year-ago period, net income was up 4%. Sales for ...

REGISTER TO VIEW THIS ARTICLE - Register for a Free Account

WhyRegisterfor FREE?

Salary Survey 2015

Registering for content on Supermarket News will give youINSTANTaccess to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’sFREE, easy and quick. What are you waiting for!In addition you will also receive complimentary access to the SN salary survey data tables.

Click here to read the FAQ page if you have any questions (opens in a new window)

Attention Paid Print Subscribers: While you have already been grantedfreeaccess to SNwe ask that youregister now.We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.

Already registered? here.