SPRINGFIELD, N.J. — Village Super Market here on Tuesday said net income for the fiscal second quarter fell 2% compared with year-ago results, largely due to lower gross profit as a percent of sales.
The company, which operates 26 ShopRites in New Jersey and Pennsylvania, said same-store sales for the quarter, which ended Jan. 29, were up 3.1%. Net income for the period totaled $6.6 million, while total sales increased 4.6%, to $329.9 million.
"Sales continue to be impacted by changing ...
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