Ingles Markets, Incorporated (IMKTA)

NASDAQ: IMKTA · IEX Real-Time Price · USD
73.22
+0.12 (0.16%)
Apr 24, 2024, 4:00 PM EDT - Market closed
0.16%
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]

Industry Grocery Stores
Founded 1963
Employees 26,420
Stock Exchange NASDAQ
Ticker Symbol IMKTA
Full Company Profile

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 Statements

News

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...

23 days ago - Business Wire

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...

2 months ago - Business Wire

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 ...

5 months ago - Business Wire

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 ...

9 months ago - Business Wire

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...

1 year ago - Business Wire

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...

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1 year ago - GuruFocus

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.

1 year ago - Business Wire

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.

1 year ago - Business Wire

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...

1 year ago - Business Wire

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2 years ago - GuruFocus

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...

2 years ago - Business Wire

Over 19 Years, Old Faithful Has Averaged a 21% Return

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2 years ago - GuruFocus

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,...

2 years ago - Business Wire

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...

2 years ago - GuruFocus

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...

2 years ago - Business Wire

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...

2 years ago - Business Wire

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 (...

2 years 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 coronavir...

2 years 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 ag...

3 years 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 ag...

3 years 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 principa...

3 years 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?

3 years ago - GuruFocus

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...

3 years ago - Business Wire

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3 years ago - GuruFocus