Oct. 13 at 5:38 PM
$VLGEA down 20% in the broader month — what's weighing on this stock? 📉
Despite a slight boost in quarterly sales, profitability suffered as gross profit margins narrowed due to price investments, cost inflation, and lower rebates from Wakefern. Adjusted net income also slipped 8%, impacted by lower departmental gross margins, decreased interest income, and a rising tax rate.
Opportunity assessment here 👉 https://www.zacks.com/stock/news/2767733/villages-q4-eps-rises-year-over-year-on-digital-sales-growth?cid=sm-stocktwits-2-2767733-body-15810&ADID=SYND_STOCKTWITS_TWEET_2_2767733_BODY_15810