Village Super Market Q3 EPS $0.60 Down From $0.75 YoY, Sales $546.37M Up From $529.29M YoY
Portfolio Pulse from Benzinga Newsdesk
Village Super Market (NASDAQ:VLGEA) reported Q3 earnings per share (EPS) of $0.60, a 20% decrease from $0.75 YoY, while sales increased by 3.23% to $546.37 million from $529.29 million YoY.
June 04, 2024 | 12:33 pm
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NEGATIVE IMPACT
Village Super Market (NASDAQ:VLGEA) reported a 20% YoY decrease in Q3 EPS to $0.60, while sales increased by 3.23% to $546.37 million.
The significant drop in EPS by 20% is likely to concern investors, despite the modest increase in sales. This could lead to a short-term negative impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100