$VLGEA

VILLAGE SUPER MARKET INC

CIK:0000103595|SEC Filings

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($)
$ in Thousands

3 Months Ended

9 Months Ended

Apr. 25, 2026

Apr. 26, 2025

Apr. 25, 2026

Apr. 26, 2025

Comprehensive Income (Loss), Net of Tax, Attributable to Parent [Abstract]

Net income

$ 8,964

$ 11,161

$ 38,839

$ 40,858

Other Comprehensive (Income) Loss, Defined Benefit Plan, after Reclassification Adjustment, Tax [Abstract]

Unrealized gains on interest rate swaps, net of tax

^[1]

(168)

(989)

(646)

(1,099)

Amortization of pension actuarial loss, net of tax

^[2]

(27)

(68)

(81)

(203)

Pension settlement loss, net of tax

^[3]

205

Total other comprehensive loss

(195)

(1,057)

(522)

(1,302)

Comprehensive income

$ 8,769

$ 10,104

$ 38,317

$ 39,556

[1]	Amounts are net of tax of $79 and $447 for the 13 weeks ended April 25, 2026 and April 26, 2025, respectively, and $294 and $497 for the 39 weeks ended April 25, 2026 and April 26, 2025, respectively.
[2]	Amounts are net of tax of $13 and $31 for the 13 weeks ended April 25, 2026 and April 26, 2025, respectively, and $37 and $93 for the 39 weeks ended April 25, 2026 and April 26, 2025, respectively. All amounts are reclassified from accumulated other comprehensive income to operating and administrative expense.
[3]	Amount is net of tax of $93 for the 39 weeks ended April 25, 2026. All amounts are reclassified from accumulated other comprehensive income to operating and administrative expense.

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	9 Months Ended
	Apr. 25, 2026	Apr. 26, 2025
CASH FLOWS FROM OPERATING ACTIVITIES
Net income	$ 38,839	$ 40,858
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization expense	27,116	27,524
Share-based compensation expense	2,775	2,491
Deferred taxes	2,982	(1,338)
Provision to value inventories at LIFO	735	614
Gain on sale of property, equipment and fixtures	(22)	(26)
Changes in assets and liabilities:
Merchandise inventories	(475)	(5,056)
Patronage dividend receivable	3,629	6,123
Accounts payable to Wakefern	(1,170)	(1,587)
Accounts payable and accrued expenses	2,691	2,600
Accrued wages and benefits	(1,354)	(809)
Income tax receivables and payables	3,820	4,153
Other assets and liabilities	(1,031)	(3,954)
Net cash provided by operating activities	78,535	71,593
CASH FLOWS FROM INVESTING ACTIVITIES:
Capital expenditures	(33,758)	(48,705)
Proceeds from the sale of assets	4,494	0
Investment in notes receivable from Wakefern	(6,095)	(6,290)
Investment in notes receivable related to New Markets Tax Credit financing	(4,431)	0
Investment in real estate partnership	0	(339)
Net cash used in investing activities	(39,790)	(55,334)
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from issuance of long-term debt	6,000	0
Debt issuance costs	(437)	0
Proceeds from issuance of notes payable to related parties	222	0
Principal payments of long-term debt	(8,395)	(8,234)
Dividends	(9,995)	(9,979)
Treasury stock purchases, including shares surrendered for withholding taxes	(8,163)	0
Proceeds from exercise of stock options	0	53
Net cash used in financing activities	(20,768)	(18,160)
NET INCREASE/(DECREASE) IN CASH AND CASH EQUIVALENTS	17,977	(1,901)
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD	110,699	117,261
CASH AND CASH EQUIVALENTS, END OF PERIOD	128,676	115,360
SUPPLEMENTAL DISCLOSURES OF CASH PAYMENTS MADE FOR:
Interest	2,542	2,871
Income taxes	8,360	15,535
NONCASH SUPPLEMENTAL DISCLOSURES:
Capital expenditures included in accounts payable and accrued expenses	9,885	13,087
Lease obligations obtained in exchange for right-of-use assets	$ 175	$ 10,805

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Apr. 25, 2026	Jul. 26, 2025
Current assets:
Cash and cash equivalents	$ 128,676	$ 110,699
Merchandise inventories	51,164	51,424
Patronage dividend receivable	10,515	14,144
Income taxes receivable	1,148	5,265
Other current assets	20,674	19,223
Assets held for sale	0	4,354
Total current assets	212,177	205,109
Property, equipment and fixtures, net	329,947	322,889
Operating lease assets	233,409	252,291
Investment in Wakefern	32,207	32,207
Investments in real estate partnerships	21,407	21,701
Goodwill	24,190	24,190
Other assets	37,802	34,119
Total assets	1,008,439	1,003,711
Current liabilities:
Operating lease obligations	22,037	21,585
Finance lease obligations	1,120	1,037
Current portion of long-term debt	9,370	9,370
Accounts payable and accrued expenses	38,664	33,177
Accrued wages and benefits	30,650	32,004
Income taxes payable	0	297
Total current liabilities	182,099	181,269
Operating lease obligations	222,654	241,216
Finance lease obligations	17,215	18,243
Long-term debt	47,134	48,621
Pension liabilities	3,052	3,284
Other liabilities	21,073	18,709
Liabilities	493,541	511,747
Commitments and Contingencies
Shareholders' Equity:
Preferred stock, no par value: Authorized 10,000 shares, none issued	0	0
Retained earnings	452,534	423,690
Accumulated other comprehensive income	3,931	4,453
Total shareholders' equity	514,898	491,964
Total liabilities and shareholders' equity	1,008,439	1,003,711
Related Party
Current assets:
Notes receivable from Wakefern	117,300	111,205
Current liabilities:
Notes payable to Wakefern	432	541
Accounts payable to Wakefern	79,826	83,258
Notes payable to Wakefern and other related parties	314	405
Long-term debt	92
Common Class A
Shareholders' Equity:
Common Stock	86,391	83,616
Treasury stock, Class A, at cost: 1,188 shares at April 25, 2026 and 997 shares at July 26, 2025	(28,628)	(20,465)
Common Class B
Shareholders' Equity:
Common Stock	$ 670	$ 670