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DAILY EARNINGS

Village Super Market Net Declines 12%; Trilogy Metals Net Loss Widens


Author: Mukesh Buch
ticker.com
Last Update: 12:13 PM EDT October 08 2018

12:05 PM New York City, New York – Trilogy Metals third-quarter net loss widened $10 million. Village Super Market fourth-quarter net declined 12% and revenues increased 0.7%.

Tollbooth Index dropped 74.79 or 0.5% to 16,038.94 but for the year-to-date soared 16.6%.

Earnings Review

Richardson Electronics, Ltd (RELL) increased 1.4% or 12 cents to $8.76 ahead of the power grid and microwave tubes maker’s scheduled release of its first-quarter earnings results on October 10.

Trilogy Metals Inc (TMQ) slipped 1.5% or 3 cents to $1.90 after the mineral resource explorer stated net loss in the third-quarter ending in August widened to $9.9 million or 8 cents per diluted share from $9 million or 9 cents in the same quarter last year.

Village Super Market, Inc (VLGEA) gained 1.8% or 47 cents to $25.91 after the convenience stores and grocery retailer said net sales in the fourth-quarter ending on July 28 rose 0.7% from a year ago to $413.6 million.

Same store sales in the quarter decreased 0.3%.

Net income in the quarter declined 11.7% to $6 million or 42 cents per diluted share from $6.8 million or 47 cents in the same quarter last year.
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Sources: Data collected by 123jump.com and Ticker.com from company press releases, filings and corporate websites. Market data: BATS Exchange. Inc