Ingles Markets, Incorporated (IMKTA)

NASDAQ: IMKTA · IEX Real-Time Price · USD
75.94
+0.70 (0.93%)
Sep 25, 2023, 4:00 PM EDT - Market closed
0.93%
Market Cap 1.44B
Revenue (ttm) 5.76B
Net Income (ttm) 228.34M
Shares Out 18.99M
EPS (ttm) 12.03
PE Ratio 6.31
Forward PE 9.03
Dividend $0.66 (0.87%)
Ex-Dividend Date Jul 5, 2023
Volume 89,406
Open 75.26
Previous Close 75.24
Day's Range 75.10 - 76.59
52-Week Range 73.38 - 102.99
Beta 0.67
Analysts n/a
Price Target n/a
Earnings Date Nov 22, 2023

About IMKTA

Ingles Markets, Incorporated 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 also owns and operates a milk processing and packaging plant that supplies organic milk, fruit juices, and bottled water products to other retailers, food service distributors,... [Read more]

Industry Grocery Stores
Founded 1963
Employees 10,920
Stock Exchange NASDAQ
Ticker Symbol IMKTA
Full Company Profile

Financial Performance

In 2022, Ingles Markets's revenue was $5.68 billion, an increase of 13.85% compared to the previous year's $4.99 billion. Earnings were $272.76 million, an increase of 9.22%.

Financial Statements

News

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 ...

7 weeks ago - Business Wire

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...

3 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...

5 months 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...

Other symbols: CALMTSN
5 months 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.

8 months 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.

10 months 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

Dave & Busters, USA Truck See Activist Investor Action

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1 year ago - Market Watch

3 Undervalued Predictable Stocks in the Consumer Cyclical Space

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1 year 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...

1 year ago - Business Wire

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

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1 year 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,...

1 year 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...

1 year 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...

1 year 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...

1 year 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 (...

1 year 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...

2 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...

2 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...

2 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?

2 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...

2 years ago - Business Wire

5 Consumer Defensive Companies Boosting Book Value

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2 years ago - GuruFocus

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.

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2 years 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 Tuesd...

2 years ago - Business Wire