Village Super Market (VLGE.A) Q3 2026 earnings summary

Executive summary

• Net income for Q3 2026 was $9.0 million ($0.61 per Class A diluted share), down from $11.2 million in Q3 2025, with year-to-date net income at $38.8 million ($2.62 per Class A diluted share), compared to $40.9 million last year.

• Sales rose 1.6% to $572.6 million for the quarter and 4.4% to $1.796 billion year-to-date; same store sales decreased 0.2% for the quarter but increased 2.4% year-to-date.

• Digital sales grew 9% in the quarter and 13% year-to-date.

Financial highlights

• Gross profit margin declined to 28.08% in Q3 2026 from 28.77% in Q3 2025; year-to-date margin was 28.15% versus 28.71% last year.

• Operating and administrative expenses as a percentage of sales increased to 25.11% in Q3 2026 from 24.78% in Q3 2025; year-to-date, it decreased to 24.11% from 24.20%.

• Adjusted net income for the 39 weeks ended April 25, 2026 was $39.1 million, compared to $40.9 million in the prior year.

• Effective income tax rate dropped to 16.2% in Q3 2026 from 30.6% in Q3 2025, and to 28.1% year-to-date from 31.0%.

Outlook and guidance

• Same store sales growth for fiscal 2026 is expected to range from 1.5% to 2.5%.

• Capital expenditures are projected at approximately $65 million for fiscal 2026, including new and replacement stores and technology upgrades.

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

• Estimated effective tax rate for fiscal 2026 revised to 28.5%–29.5%.