Ingles Markets, Incorporated (IMKTA)
Market Cap | 1.27B |
Revenue (ttm) | 5.87B |
Net Income (ttm) | 176.19M |
Shares Out | 18.59M |
EPS (ttm) | 9.28 |
PE Ratio | 7.36 |
Forward PE | 9.03 |
Dividend | $0.66 (0.97%) |
Ex-Dividend Date | Apr 10, 2024 |
Volume | 60,648 |
Open | 68.68 |
Previous Close | 68.56 |
Day's Range | 68.03 - 68.96 |
52-Week Range | 67.10 - 89.59 |
Beta | 0.67 |
Analysts | n/a |
Price Target | n/a |
Earnings Date | Aug 1, 2024 |
About IMKTA
Ingles Markets, Incorporated, together with its subsidiaries, operates a chain of supermarkets in the southeast United States. It offers food products, including grocery, meat and dairy products, produce, frozen foods, and other perishables; and non-food products, which include fuel centers, pharmacies, health and beauty care products, and general merchandise, as well as private label items. The company owns and operates a milk processing and packaging plant that supplies organic milk, fruit juices, and bottled water products to other retailers... [Read more]
Financial Performance
In 2023, Ingles Markets's revenue was $5.89 billion, an increase of 3.77% compared to the previous year's $5.68 billion. Earnings were $210.81 million, a decrease of -22.71%.
Financial StatementsNews
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Ingles Markets, Incorporated Declares Quarterly Cash Dividend
ASHEVILLE, N.C.--(BUSINESS WIRE)--Ingles Markets, Incorporated (NASDAQ: IMKTA) today announced that its Board of Directors has declared a cash dividend of $0.165 (sixteen and one-half cents) per share...
![](https://cdn.snapi.dev/images/v1/s/o/press8-2421905.jpg)
Ingles Markets, Incorporated Reports Results for Second Quarter and First Six Months of Fiscal 2024
ASHEVILLE, N.C.--(BUSINESS WIRE)---- $IMKTA--Ingles Markets, Incorporated (NASDAQ: IMKTA) today reported sales for the three and six months ended March 30, 2024. Robert P. Ingle II, Chairman of the Bo...
![](https://cdn.snapi.dev/images/v1/g/c/press6-2266694.jpg)
Ingles Markets, Incorporated Reports Results for First Quarter Fiscal 2024
ASHEVILLE, N.C.--(BUSINESS WIRE)---- $IMKTA--Ingles Markets, Incorporated (NASDAQ: IMKTA) today reported results for the three months ended December 30, 2023. Robert P. Ingle II, Chairman of the Board...
![](https://cdn.snapi.dev/images/v1/l/o/press1-2175598.jpg)
Ingles Markets, Incorporated Reports Results for Fourth Quarter and Fiscal Year 2023
ASHEVILLE, N.C.--(BUSINESS WIRE)---- $IMKTA--Ingles Markets, Incorporated (NASDAQ: IMKTA) today reported results for the three and twelve months ended September 30, 2023. Robert P. Ingle II, Chairman ...
![](https://cdn.snapi.dev/images/v1/y/b/press15-2004127.jpg)
Ingles Markets, Incorporated Reports Results for Third Quarter and First Nine Months of Fiscal 2023
ASHEVILLE, N.C.--(BUSINESS WIRE)---- $IMKTA--Ingles Markets, Incorporated (NASDAQ: IMKTA) today reported results for the three and nine months ended June 24, 2023. Robert P. Ingle II, Chairman of the ...
![](https://cdn.snapi.dev/images/v1/c/n/press14-1871115.jpg)
Ingles Markets, Incorporated Reports Results for Second Quarter and First Six Months of Fiscal 2023
ASHEVILLE, N.C.--(BUSINESS WIRE)---- $IMKTA--Ingles Markets, Incorporated (NASDAQ: IMKTA) today reported increased sales for the three and six months ended March 25, 2023. Robert P. Ingle II, Chairman...
![](https://cdn.snapi.dev/images/v1/u/p/adasads2-8-1852990.jpg)
3 Consumer Defensive Stocks That Fit Graham's Lost Formula
With all the uncertainty in the market due to high inflation, rising interest rates and a potential recession, not to mention ongoing geopolitical conflicts and the recent banking scare, many investor...
![](https://cdn.snapi.dev/images/v1/u/k/press14-1735211.jpg)
Ingles Markets, Incorporated Reports Results for First Quarter Fiscal 2023
ASHEVILLE, N.C.--(BUSINESS WIRE)--Ingles Markets, Incorporated (NASDAQ: IMKTA) today reported increased sales and net income for the three months ended December 24, 2022.
![](https://cdn.snapi.dev/images/v1/x/j/press4-1649342.jpg)
Ingles Markets, Incorporated Reports Results for Fourth Quarter and Fiscal Year 2022
ASHEVILLE, N.C.--(BUSINESS WIRE)--Ingles Markets, Incorporated (NASDAQ: IMKTA) today reported increased sales and net income for the three and twelve months ended September 24, 2022.
![](https://cdn.snapi.dev/images/v1/6/h/press8-1487092.jpg)
Ingles Markets, Incorporated Reports Results for Third Quarter and First Nine Months of Fiscal 2022
ASHEVILLE, N.C.--(BUSINESS WIRE)---- $IMKTA--Ingles Markets, Incorporated (NASDAQ: IMKTA) today reported increased sales for the three and nine months ended June 25, 2022. Robert P. Ingle II, Chairman...
![](https://cdn.snapi.dev/images/v1/x/o/im-497545size1777777777777778width800-1454979.jpg)
Dave & Busters, USA Truck See Activist Investor Action
These disclosures are from 13Ds filed with the Securities and Exchange Commission. 13Ds are filed within 10 days of an entity's attaining more than 5% in any class of a company's securities.
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3 Undervalued Predictable Stocks in the Consumer Cyclical Space
As investors await a key monetary policy announcement from the Federal Reserve later this week, U.S. market indexes recorded a mixed performance on Tuesday.
![](https://cdn.snapi.dev/images/v1/8/e/press1-1356379.jpg)
Ingles Markets, Incorporated Reports Sales and Net Income for Second Quarter and First Six Months of Fiscal 2022
ASHEVILLE, N.C.--(BUSINESS WIRE)--Ingles Markets, Incorporated (NASDAQ: IMKTA) today reported increased sales and net income for the three and six months ended March 26, 2022. The coronavirus (COVID-1...
![](https://cdn.snapi.dev/images/v1/r/s/press12-1245106.jpg)
Ingles Markets, Incorporated Announces New Chief Financial Officer
ASHEVILLE, N.C.--(BUSINESS WIRE)--Ingles Markets, Incorporated (NASDAQ: IMKTA) is pleased to announce the promotion of Patricia (Pat) E. Jackson to Chief Financial Officer (CFO) effective February 23,...
![](https://cdn.snapi.dev/images/v1/a/k/f2wsw-1228483.jpg)
Grocery Store Value Stock Pays Dividends
Ingles Markets ( IMKTA , Financial) is different than most other grocery stores chains because it owns (rather than leases or rents) its properties. Ideally, as the business inside continues to be goo...
![](https://cdn.snapi.dev/images/v1/s/a/press4-1215937.jpg)
Ingles Markets, Incorporated Reports Sales and Net Income for First Quarter Fiscal 2022
ASHEVILLE, N.C.--(BUSINESS WIRE)--Ingles Markets, Incorporated (NASDAQ: IMKTA) today reported increased sales and net income for the three months ended December 25, 2021. The coronavirus (COVID-19) pa...
![](https://cdn.snapi.dev/images/v1/c/7/press13-1164140.jpg)
Ingles Markets, Incorporated CFO Ron Freeman to Retire
ASHEVILLE, N.C.--(BUSINESS WIRE)--Ingles Markets, Incorporated (NASDAQ: IMKTA) announced today that its vice president-finance and chief financial officer, Ronald B. Freeman is retiring effective Febr...
![](https://cdn.snapi.dev/images/v1/l/q/press7-1122884.jpg)
Ingles Markets, Incorporated Reports Results for Fourth Quarter and Fiscal Year 2021
ASHEVILLE, N.C.--(BUSINESS WIRE)--Ingles Markets, Incorporated (NASDAQ: IMKTA) today reported increased sales and net income for the three and twelve months ended September 25, 2021. The coronavirus (...
![](https://cdn.snapi.dev/images/v1/s/h/press16-948272.jpg)
Ingles Markets, Incorporated Reports Results for Third Quarter and First Nine Months of Fiscal 2021
ASHEVILLE, N.C.--(BUSINESS WIRE)---- $IMKTA--Ingles Markets, Incorporated (NASDAQ: IMKTA) today reported increased sales and net income for the three and nine months ended June 26, 2021. The coronavir...
![](https://cdn.snapi.dev/images/v1/g/h/press7-873623.jpg)
Ingles Markets, Incorporated Announces Closing of its Senior Notes Offering
ASHEVILLE, N.C.--(BUSINESS WIRE)--Ingles Markets, Incorporated (“Ingles” or the “Company”) (NASDAQ: IMKTA) today announced the closing of its previously announced private offering of $350.0 million ag...
![](https://cdn.snapi.dev/images/v1/s/s/press19-867843.jpg)
Ingles Markets, Incorporated Announces Pricing of its Senior Notes Offering
ASHEVILLE, N.C.--(BUSINESS WIRE)--Ingles Markets, Incorporated (“Ingles” or the “Company”) (NASDAQ: IMKTA) today announced the pricing of its previously announced private offering of $350.0 million ag...
![](https://cdn.snapi.dev/images/v1/i/x/press5-866971.jpg)
Ingles Markets, Incorporated Announces Offering of Senior Notes
ASHEVILLE, N.C.--(BUSINESS WIRE)--Ingles Markets, Incorporated (“Ingles” or the “Company”) (NASDAQ: IMKTA) today announced that it is commencing a private offering of $350.0 million aggregate principa...
![](https://cdn.snapi.dev/images/v1/y/k/stores-grocery5-855641.jpg)
Ingles Markets: Big Earnings Per Share in a Narrow-Margin Industry
Looking for a consumer defensive stock that provides a high return on equity plus a modest dividend?
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Ingles Markets, Incorporated Reports Sales and Net Income for Second Quarter and First Six Months of Fiscal 2021
ASHEVILLE, N.C.--(BUSINESS WIRE)--Ingles Markets, Incorporated (NASDAQ: IMKTA) today reported increased sales and net income for the three and six months ended March 27, 2021. The coronavirus (COVID-1...