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Village Super Market (Village Super Market) Gross Margin %

: 28.40% (As of Jan. 2024)
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Gross Margin % is calculated as gross profit divided by its revenue. Village Super Market's Gross Profit for the three months ended in Jan. 2024 was $163 Mil. Village Super Market's Revenue for the three months ended in Jan. 2024 was $576 Mil. Therefore, Village Super Market's Gross Margin % for the quarter that ended in Jan. 2024 was 28.40%.


The historical rank and industry rank for Village Super Market's Gross Margin % or its related term are showing as below:

VLGEA' s Gross Margin % Range Over the Past 10 Years
Min: 26.9   Med: 27.61   Max: 28.64
Current: 28.64


During the past 13 years, the highest Gross Margin % of Village Super Market was 28.64%. The lowest was 26.90%. And the median was 27.61%.

VLGEA's Gross Margin % is ranked better than
70.1% of 311 companies
in the Retail - Defensive industry
Industry Median: 22.72 vs VLGEA: 28.64

Village Super Market had a gross margin of 28.40% for the quarter that ended in Jan. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Village Super Market was 0.60% per year.


Village Super Market Gross Margin % Historical Data

The historical data trend for Village Super Market's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Village Super Market Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Gross Margin %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 27.79 28.07 27.83 28.12 28.45

Village Super Market Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Gross Margin % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 27.47 28.57 29.08 28.52 28.40

Competitive Comparison

For the Grocery Stores subindustry, Village Super Market's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Village Super Market Gross Margin % Distribution

For the Retail - Defensive industry and Consumer Defensive sector, Village Super Market's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Village Super Market's Gross Margin % falls into.



Village Super Market Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Village Super Market's Gross Margin for the fiscal year that ended in Jul. 2023 is calculated as

Gross Margin % (A: Jul. 2023 )=Gross Profit (A: Jul. 2023 ) / Revenue (A: Jul. 2023 )
=616.5 / 2166.654
=(Revenue - Cost of Goods Sold) / Revenue
=(2166.654 - 1550.204) / 2166.654
=28.45 %

Village Super Market's Gross Margin for the quarter that ended in Jan. 2024 is calculated as


Gross Margin % (Q: Jan. 2024 )=Gross Profit (Q: Jan. 2024 ) / Revenue (Q: Jan. 2024 )
=163.4 / 575.579
=(Revenue - Cost of Goods Sold) / Revenue
=(575.579 - 412.137) / 575.579
=28.40 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Village Super Market  (NAS:VLGEA) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Village Super Market had a gross margin of 28.40% for the quarter that ended in Jan. 2024 => Competition eroding margins


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Village Super Market Gross Margin % Related Terms

Thank you for viewing the detailed overview of Village Super Market's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Village Super Market (Village Super Market) Business Description

Traded in Other Exchanges
Address
733 Mountain Avenue, Springfield, NJ, USA, 07081
Village Super Market Inc operates a chain of ShopRite supermarkets, a few of which are in northern New Jersey, southern New Jersey, Maryland, and in northeastern Pennsylvania. The company is a member of Wakefern Food Corporation (Wakefern), a retailer-owned food cooperative and owner of the ShopRite name. It consists of one operating segment, the retail sale of food and nonfood products.
Executives
William Sumas director, 10 percent owner, officer: EVP 733 MOUNTAIN AVENUE, SPRINGFIELD NJ 07081
John Sumas director, 10 percent owner, officer: EVP 733 MOUNTAIN AVENUE, SPRINGFIELD NJ 07081
Perry J. Blatt director C/O VILLAGE SUPER MARKET, INC., 733 MOUNTAIN AVENUE, SPRINGFIELD NJ 07081
Prasad Pola director C/O VILLAGE SUPER MARKET, INC., 733 MOUNTAIN AVENUE, SPRINGFIELD NJ 07081
Van Orden John L officer: CFO 733 MOUNTAIN AVENUE, SPRINGFIELD NJ 07081
Kevin Begley officer: CFO 733 MOUNTAIN AVENUE, SPRINGFIELD NJ 07081
Peter Lavoy director 733 MOUNTAIN AVENUE, SPRINGFIELD NJ 07081
David Judge director 733 MOUNTAIN AVENUE, SPRINGFIELD NJ 07081
Luigi Perri officer: Controller 733 MOUNTAIN AVENUE, SPRINGFIELD NJ 07081
Estate Of Perry Sumas 10 percent owner C/O PATRICIA ANAGNOSTIS, 148 KENT PLACE BLVD., SUMMIT NJ 07901
Steven Crystal director 733 MOUNTAIN AVENUE, - - - - - - - - - -, SPRINGFIELD NJ 07081
Stephen Rooney director 212 DOLSON AVENUE, MIDDLETOWN NY 10940
Robert Sumas director, 10 percent owner, officer: EVP, Secretary 733 MOUNTAIN AVENUE, SPRINGFIELD NJ 07081
John James Sumas officer: VP & General Counsel 733 MOUNTAIN AVENUE, SPRINGFIELD NJ 07081
Nicholas James Sumas officer: VP 733 MOUNTAIN AVENUE, SPRINGFIELD NJ 07081

Village Super Market (Village Super Market) Headlines