What is ROE for Village Super Market Inc in the second quarter 2024?
Village Super Market Inc achieved a return on average equity (ROE) of
12.66 % in its second quarter 2024, this is above VLGEA's average return on equity of 7.9%.
Village Super Market Inc shareholder's equity over the 12 months ending in its second quarter 2024 are valued at $414 million
ROE has advanced compared to 12.42% in the first quarter 2024, due to net income growth.
Within the
Grocery Stores industry 2 other companies had a higher return on equity. While Return on equity, overall ranking has advanced in the quarter, so far to
728, from total ROE ranking in the first quarter 2024 at
1132.
What is ROE?