BASIS OF PRESENTATION and ACCOUNTING POLICIES

6 Months Ended

Jan. 29, 2022

BASIS OF PRESENTATION and ACCOUNTING POLICIES

In the opinion of management, the accompanying unaudited consolidated financial statements contain all adjustments (consisting of normal and recurring accruals) necessary to present fairly the consolidated financial position as of January 29, 2022 and the consolidated statements of operations, comprehensive income and cash flows for the 13 and 26 weeks ended January 29, 2022 and January 23, 2021 of Village Super Market, Inc. (“Village” or the “Company”).

The significant accounting policies followed by the Company are set forth in Note 1 to the Company's consolidated financial statements in the July 31, 2021 Village Super Market, Inc. Annual Report on Form 10-K, which should be read in conjunction with these financial statements. The results of operations for the periods ended January 29, 2022 are not necessarily indicative of the results to be expected for the full year.

Disaggregated Revenues

The following table presents the Company's sales by product categories during each of the periods indicated:


	13 Weeks Ended								26 Weeks Ended
	January 29, 2022				January 23, 2021				January 29, 2022				January 23, 2021
	Amount		%		Amount		%		Amount		%		Amount		%
Center Store (1)	$	324,362	60.3	%	$	321,829	61.5	%	$	620,336	60.1	%	$	617,769	61.0	%
Fresh (2)	194,329		36.2		181,965		34.8		374,152		36.3		357,609		35.3
Pharmacy	16,756		3.1		16,671		3.2		33,604		3.3		33,103		3.3
Other (3)	1,961		0.4		2,353		0.5		3,527		0.3		4,473		0.4

Total Sales	$	537,408	100.0	%	$	522,818	100.0	%	$	1,031,619	100.0	%	$	1,012,954	100.0	%

(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, gift card and lottery commissions and wholesale sales.