Village Super Market Q3 profit falls 20% on lower Wakefern rebates, margin pressure

Filed June 3, 2026 · Period ending April 25, 2026 · Compared to 10-Q Jun 4, 2025 · ~2 min read

Key Changes

• high

  Q3 net income dropped 19.7% to $8,964 from $11,161 year-over-year, driven by lower patronage dividends from Wakefern and higher operating costs. Year-to-date net income declined 4.9% to $38,839, reversing prior year's 16.6% growth.

  MD&A: Net Income verify on EDGAR →
• high

  Gross margin compressed 69 basis points in Q3 (vs. 23 bps expansion prior year), primarily from lower Wakefern patronage dividends (56 bps headwind). Year-to-date margin down 56 bps, signaling sustained pressure on cooperative rebates.

  MD&A: Gross Profit verify on EDGAR →
• high

  Operating expense leverage deteriorated 33 bps in Q3 (vs. 41 bps improvement prior year) due to higher utility, maintenance, and professional fees, compounded by lost sales from Winter Storm Fern store closures.

  MD&A: Operating Expenses verify on EDGAR →