Key Highlights

  • Village's $0.25 Class A quarterly dividend goes ex-dividend October 1, 2026 and is payable October 22 to shareholders of record.
  • The Class B quarterly dividend is $0.1625 per share, payable on the same date to holders of record on October 1.
  • Fiscal third-quarter sales were $572.6 million, up 1.6%, with GAAP net income of $9.0 million, or $0.61 per Class A diluted share.
  • Same-store sales declined 0.2% and increased 1.3% excluding the estimated effect of Winter Storm Fern.

Overview

Village Super Market, Inc.'s (NASDAQ:VLGEA) $0.25 Class A quarterly dividend yields 2.19% and was declared September 11, 2026, alongside a $0.1625 Class B dividend. The September declaration supersedes the June declaration, and the third-quarter filing said the board intended to continue those rates. Fiscal third-quarter GAAP net income was $0.61 per Class A diluted share.

Dividend Program and Shareholder Returns

Village's board declared a quarterly dividend of $0.25 per Class A share and $0.1625 per Class B share on September 11, 2026, payable October 22 to shareholders of record on October 1.

The third-quarter filing stated that the board intended to continue the $0.25 Class A and $0.1625 Class B quarterly rates. The latest filings identify no special or supplemental dividend.

About the Company

Village Super Market operates 34 supermarkets in New Jersey, New York, Maryland and Pennsylvania under the ShopRite and Fairway banners, plus three Gourmet Garage specialty markets in New York City. It is the second-largest member of Wakefern Food Corporation, a retailer-owned cooperative that provides purchasing, distribution, technology and marketing services.

Financial Performance Behind the Payout

Village reported fiscal third-quarter sales of $572.6 million, up 1.6%, for the quarter ended April 25, 2026. GAAP net income was $9.0 million, or $0.61 per Class A diluted share, compared with $11.2 million, or $0.75. Same-store sales declined 0.2%, or increased 1.3% excluding the estimated effect of Winter Storm Fern, and same-store digital sales increased 9%.

For the first 39 weeks, sales were $1.796 billion, up 4.4%. GAAP net income was $38.8 million, or $2.62 per Class A diluted share, compared with $40.9 million. Adjusted net income was $39.1 million.

Gross margin was 28.08% in the quarter and 28.15% year to date, both below prior-year levels.

Store Investment and Margin Factors Behind the Quarter

Village opened a replacement store in East Orange on May 27, 2026, after opening a Watchung replacement store in April 2025, and planned a Galloway replacement store for fiscal 2027. The company cited gross margin pressure, egg price deflation, Winter Storm Fern and cannibalization from the Watchung replacement store as operating factors.

Wakefern patronage dividends and rebates, same-store sales, gross margin, labor and operating costs and pharmacy economics are the variables the company identifies in its results. Fiscal third-quarter results released June 2 are the latest reported.

Outlook

Village reports same-store sales, digital sales growth and gross margin each quarter, which were a 0.2% decline, 9% growth and 28.08% in the fiscal third quarter. Wakefern patronage dividends and rebates and the Galloway replacement store planned for fiscal 2027 are also part of the company's discussion.