Village Super Market (VLGE.A) investor relations material

Executive summary

• Net income for Q2 FY2026 was $17.9M, up 6% year-over-year; YTD net income was $29.9M, up 1% year-over-year.

• Sales for Q2 FY2026 rose 6.9% to $641.0M; same store sales increased 4.8%, with digital sales up 15%.

• YTD sales reached $1.224B, a 5.7% increase, driven by same store sales growth of 3.7% and new store openings.

Financial highlights

• Gross profit margin for Q2 FY2026 was 28.06%, down from 28.35% year-over-year.

• Operating and administrative expenses as a percentage of sales decreased to 23.07% from 23.22% year-over-year.

• Adjusted net income for YTD FY2026 was $30.1M, up 1% year-over-year.

• Effective income tax rate for Q2 FY2026 was 30.7%, slightly lower than 31.1% in the prior year.

Outlook and guidance

• Same store sales growth for FY2026 is expected to range from 1.0% to 3.0%.

• Capital expenditures for FY2026 are budgeted at $65M, revised downward due to project delays.

• The Board intends to continue quarterly dividends at $0.25 per Class A and $0.1625 per Class B share.

• Effective tax rate for FY2026 projected between 30.5% and 31.5%.