Revenue Update on Village Super Market(NASDAQ:VLGEA)

Village Super Market(NASDAQ:VLGEA) announced the earnings results for Fiscal Year 2016 and Q4. The results came in during Pre-market on Oct 6, 2016. Earnings per share were $0.60.

Village Super Market (VLGEA) made into the market gainers list on Fridays trading session with the shares advancing 0.22% or 0.07 points. Due to strong positive momentum, the stock ended at $31.95, which is also near the day’s high of $32.44. The stock began the session at $31.99 and the volume stood at 40,926 shares. The 52-week high of the shares is $33 and the 52 week low is $23.29. The company has a current market capitalization of $453 M and it has 1,41,62,881 shares in outstanding.

Several Insider Transactions has been reported to the SEC. On Jul 29, 2016, Stephen Rooney (director) sold 2,000 shares at $30.98 per share price.Also, On Jul 18, 2016, Steven Crystal (director 10% owner) sold 1,000 shares at $30.62 per share price.On Jul 13, 2016, John Sumas (director officer 10% owner (Executive Vice Presid) sold 5,000 shares at $29.18 per share price, according to the Form-4 filing with the securities and exchange commission.

Village Super Market Inc. is engaged in the retail sale of food and nonfood products. The Company operates a chain of approximately 29 ShopRite supermarkets of which around 18 are located in northern New Jersey over eight in southern New Jersey approximately two in Maryland and one in northeastern Pennsylvania. It is a member of Wakefern Food Corporation a retailer-owned food cooperative and owner of the ShopRite name. Its stores offer an on-site bakery a delicatessen a range of natural and organic foods ethnic and international foods prepared foods and pharmacies. It also offers on-site registered dieticians in around fifteen stores to provide customers with private consultations on healthy meals and proper nutrition as well as health related events both in store and in the community as part of the Live Right with ShopRite program. Its greater Morristown store offers expanded services including a culinary classroom fitness studio and a learning and childcare center.

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