Village Super Market Inc. - 2026年季度报告

FORM 10-Q ☒QUARTERLY REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934For the quarterly period endedJanuary24, 2026 VILLAGE SUPER MARKET, INC. Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filingrequirements for the past 90 days. Yes☒No☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted to Rule 405 of RegulationS-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files).Yes☒No☐ Indicate by check mark whether the Registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or anemerging growth company.See the definitions of "large accelerated filer," "accelerated filer," "smaller reporting company," and "emerging growthcompany" in Rule 12-b2 of the Exchange Act. If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any newor revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ PART I (1)Amounts are net of tax of $79 and $128 for the 13 weeks ended January24, 2026 and January25, 2025, respectively, and $215 and $50for the 26 weeks ended January24, 2026 and January25, 2025, respectively.(2)Amounts are net of tax of $12 and $31 for the 13 weeks ended January24, 2026 and January25, 2025, respectively, and $24 and $62for the 26 weeks ended January24, 2026 and January25, 2025, respectively. All amounts are reclassified from accumulated other NOTES TO CONSOLIDATED FINANCIAL STATEMENTS(In thousands) (Unaudited) 1. BASIS OF PRESENTATION and ACCOUNTING POLICIES In the opinion of management, the accompanying unaudited consolidated financial statements contain all adjustments (consisting ofnormal and recurring accruals) necessary to present fairly the consolidated financial position as of January24, 2026 and July26, 2025 andthe consolidated statements of operations, comprehensive income and cash flows for the 13 and 26 weeks ended January24, 2026 and The significant accounting policies followed by the Company are set forth in Note 1 to the Company's consolidated financialstatements in the July26, 2025 Village Super Market, Inc. Annual Report on Form 10-K, which should be read in conjunction with these Disaggregated Revenues The following table presents the Company's sales by product categories during each of the periods indicated: (1)Consists primarily of grocery, dairy, frozen, health and beauty care, general merchandise and liquor.(2)Consists primarily of produce, meat, deli, seafood, bakery, prepared foods and floral.(3)Consists primarily of sales related to other income streams, including service fees related to digital sales, wholesale sales and gift card,lottery and other 3rd party commissions.(4)Fiscal 2025 revenues by category have been reclassified to conform to the fiscal 2026 current presentation by product category. 2. MERCHANDISE INVENTORIES Approximately 67% and 64% of the Company's merchandise inventories were valued by the last-in, first-out ("LIFO") method atJanuary24, 2026 and July26, 2025, respectively, while the remaining balances were valued by the first-in, first-out ("FIFO") method.If theFIFO method had been used for the entire inventory, inventories would have been $22,878 and $22,382 higher than reported at January24, 3. NET INCOME PER SHARE The Company has two classes of common stock. Class A common stock is entitled to cash dividends as declared 54% greater thanthose paid on Class B common stock. Shares of Class B common stock are convertible on a share-for-share basis for Class A common stock The Company utilizes the two-class method of computing and presenting net income per share. The two-class method is an earningsallocation formula that calculates basic and diluted net income per share for each class of common stock separately based on dividendsdeclared and participation rights in undistributed earnings. Under the two-class method, Class A common stock is assumed to receive a 54% Diluted net income per share for Class A common stock is calculated utilizing the if-converted method, which assumes the conversionof all shares of Class B common stock to Class A common stock on a share-for-share basis, as this method is more dilutive than the two- The tables below reconcile the numerators and denominators of basic and diluted Net income per share for all periods presented. 4. RELATED PARTY INFORMATION – WAKEFERN A description of the Company’s transactions with Wakefern Food Corporation ("Wakefern"), its principal supplier, and with other