Village Super Market reports Q4 net income of $13.6 million, sales up 1.6%

Village Super Market (VLGEA) reported Q4 net income of $13.6 million, down from $15.5 million a year ago. Sales rose 1.6% to $609.6 million. Same-store sales also increased 1.6%. Digital same-store sales grew 6%. Full-year net income was $52.5 million versus $56.4 million. Operating expenses increased as a percentage of sales due to higher employee costs and technology spending.