Ingles Markets, Incorporated (IMKTA)
Market Cap | 1.36B |
Revenue (ttm) | 5.88B |
Net Income (ttm) | 184.83M |
Shares Out | 18.59M |
EPS (ttm) | 9.73 |
PE Ratio | 7.53 |
Forward PE | 9.03 |
Dividend | $0.66 (0.90%) |
Ex-Dividend Date | Apr 10, 2024 |
Volume | 65,742 |
Open | 73.01 |
Previous Close | 73.10 |
Day's Range | 72.70 - 73.81 |
52-Week Range | 72.72 - 94.42 |
Beta | 0.60 |
Analysts | n/a |
Price Target | n/a |
Earnings Date | May 2, 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
Ingles Markets, Incorporated Declares Quarterly Cash Dividend
ASHEVILLE, N.C.--(BUSINESS WIRE)---- $IMKTA--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...
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...
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 ...
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 ...
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...
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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...
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.
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.
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...
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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...
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,...
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...
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...
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...
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 (...
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...
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...
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...
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...
Ingles Markets: Big Earnings Per Share in a Narrow-Margin Industry
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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...
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