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Ingles Markets, Incorporated (IMKTA)

NASDAQ: IMKTA · IEX Real-Time Price · USD
77.48 -2.90 (-3.61%)
Nov 26, 2021 1:00 PM EST - Market closed
Market Cap1.47B
Revenue (ttm)4.99B
Net Income (ttm)249.73M
Shares Out18.99M
EPS (ttm)11.84
PE Ratio6.55
Forward PE9.03
Dividend$0.66 (0.85%)
Ex-Dividend DateOct 6, 2021
Volume71,963
Open77.19
Previous Close80.38
Day's Range76.32 - 79.60
52-Week Range36.98 - 79.10
Beta0.56
Analystsn/a
Price Targetn/a
Earnings Daten/a

About IMKTA

Ingles Markets, Incorporated operates a chain of supermarkets in the southeast United States. Its supermarkets offer various food products, including grocery, meat and dairy products, produce, frozen foods, and other perishables; and non-food products, such as fuel centers, pharmacies, health and beauty care products, and general merchandise, as well as private label items. The company also provides home meal replacement items, delicatessens, bakeries, floral departments, and greeting cards, as well as organic, beverage, and health-related item...

IndustryFood & Staples Retailing
Founded1963
CEOJames Lanning
Employees10,530
Stock ExchangeNASDAQ
Ticker SymbolIMKTA
Full Company Profile

Financial Performance

In 2021, Ingles Markets's revenue was $4.99 billion, an increase of 8.18% compared to the previous year's $4.61 billion. Earnings were $249.73 million, an increase of 39.83%.

Financial Statements

News

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 (CO...

3 days ago - Business Wire

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) ...

2 months ago - Business Wire

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 coronavirus...

3 months ago - Business Wire

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) ...

4 months ago - Business Wire

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 aggr...

5 months ago - Business Wire

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 aggr...

5 months ago - Business Wire

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 principal ...

5 months ago - Business Wire

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?

5 months ago - GuruFocus

What's Next for Ingles Markets Stock Post-Earnings

Ingles Markets, Incorporated (NASDAQ:IMKTA) is an American regional supermarket chain based in Black Mountain, North Carolina.

6 months ago - Schaeffers Research

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-19)...

6 months ago - Business Wire

The Old Faithful Screen Has Lived Up to Its Name

I've never seen the Old Faithful Geyser in Yellowstone National Park, but I'm grateful to it.

Other symbols:ALLAYICIFAFFIXGRBK
7 months ago - GuruFocus

Ingles Markets, Incorporated Announces Company-Wide Hiring Fair for May 11 - May 13, 2021

ASHEVILLE, N.C.--(BUSINESS WIRE)---- $IMKTA--Ingles Markets, Incorporated (NASDAQ: IMKTA) announces a company-wide, in-person hiring fair for all Retail Store & Distribution Center locations for Tuesday...

7 months ago - Business Wire

Ingles Markets Pharmacy Partners with DHEC and NAACP for COVID-19 Vaccine Clinic

ASHEVILLE, N.C.--(BUSINESS WIRE)---- $IMKTA--Ingles Markets, Incorporated (NASDAQ: IMKTA) has partnered with the South Carolina Department of Health and Environmental Control (DHEC) and the National Ass...

7 months ago - Business Wire

Ingles Markets Expands COVID-19 Vaccinations to Every Pharmacy Location Company-Wide

ASHEVILLE, N.C.--(BUSINESS WIRE)---- $IMKTA--Ingles Markets, Incorporated (NASDAQ: IMKTA) announces that all 111 of the Company's pharmacy locations have provided COVID-19 vaccinations to their communit...

7 months ago - Business Wire

Ingles Pharmacy Administers COVID-19 Vaccines to Frontline Employees in On-Site Clinic

ASHEVILLE, N.C.--(BUSINESS WIRE)---- $IMKTA--Ingles Markets, Incorporated (NASDAQ: IMKTA) is working to vaccinate the Company's distribution center and office associates with on-site clinics. Ingles Pha...

7 months ago - Business Wire

Ingles to Provide Paid Time to Vaccinated Associates

ASHEVILLE, N.C.--(BUSINESS WIRE)---- $IMKTA--Ingles Markets, Incorporated (NASDAQ: IMKTA) announces plans to provide paid time for its fully vaccinated associates. Full-time associates will receive ten ...

7 months ago - Business Wire

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) ...

7 months ago - Business Wire

Ingles Markets, Incorporated Announces Distribution Center Job Fair for March 29, 2021

ASHEVILLE, N.C.--(BUSINESS WIRE)---- $IMKTA--Ingles Markets, Incorporated (NASDAQ: IMKTA) announces an in-person job fair at the Distribution Center in Black Mountain, NC for Monday, March 29th from 10 ...

8 months ago - Business Wire

Ingles Markets, Incorporated Board Authorizes Two Million Share Repurchase Program

ASHEVILLE, N.C.--(BUSINESS WIRE)---- $IMKTA--Ingles Markets, Incorporated (NASDAQ: IMKTA) announced today that its Board of Directors authorized the repurchase of up to an aggregate of two million share...

8 months ago - Business Wire

Ingles Markets Gets IBD Stock Rating Upgrade

On Thursday, Ingles Markets got an upgrade for its IBD SmartSelect Composite Rating from 94 to 96. The post Ingles Markets Gets IBD Stock Rating Upgrade appeared first on Investor's Business Daily.

8 months ago - Investors Business Daily

Ingles Markets, Incorporated Reports Sales and Net Income for First Quarter Fiscal 2021

ASHEVILLE, N.C.--(BUSINESS WIRE)---- $IMKTA--Ingles Markets, Incorporated (NASDAQ: IMKTA) today reported increased sales and net income for the three months ended December 26, 2020. The coronavirus (COV...

9 months ago - Business Wire

Ingles Market Is Having a Nice Pandemic

Like most grocers, Ingles Markets (NASDAQ:IMKTA) has done quite well during Covid-19 with record earnings. However, the stock is not up as much as its larger competitors like Kroger (KR) and Walmart (WMT).

9 months ago - GuruFocus

As Long As Ya Gotta Eat.

Fish gotta swim. People gotta eat. Moreover, the more people there are, the more food is going to be eaten.

Other symbols:LANDREGUBAUBP
10 months ago - Seeking Alpha

Robot Portfolio Chugs Along, Seeking to Regain Past Glory

"Why do you like tobacco stocks so much?" my colleague asked our boss, David Dreman (Trades, Portfolio), about two decades ago.

10 months ago - GuruFocus