IMKTA

BLACK MOUNTAIN, N.C. (AP) — BLACK MOUNTAIN, N.C. (AP) — Ingles Markets Inc. (IMKTA) on Thursday reported profit of $24.3 million in its fiscal second quarter. On a per-share basis, the Black Mountain, North Carolina-based company said it had profit of $1.28. The grocer posted revenue of $1.31 billion in the period. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on IMKTA at https://www.zacks.com/ap/IMKTA

ASHEVILLE, N.C., May 07, 2026--(BUSINESS WIRE)--Ingles Markets, Incorporated (NASDAQ: IMKTA) today reported its financial results for the three and six months ended March 28, 2026. Robert P. Ingle II, Chairman of the Board, stated, "We are pleased to announce our financial results that are made possible by our associates’ commitment and dedication to our customers and communities in which we serve." Second Quarter 2026 Results Net sales totaled $1.31 billion for the quarter ended March 28, 2026, a decrease of 1.8% compared with $1.33 billion for the quarter ended March 29, 2025. Gross profit for the second quarter of fiscal 2026 increased to $325.3 million, or 24.9% of sales, as compared to $311.0 million, or 23.4% of sales, for the second quarter of fiscal 2025. Operating and administrative expenses for the second quarter of fiscal 2026 was relatively flat at $291.2 million, as compared with $289.1 million for the second quarter of fiscal 2025. Interest expense totaled $4.5 million for the second quarter of fiscal 2026, as compared with $4.9 million for the second quarter of fiscal 2025. Net income increased to $24.3 million for the second quarter of fiscal 2026, as compared with $15.1 million for the second quarter of fiscal 2025. Basic and diluted earnings per share for Class A Common Stock increased to $1.31 and $1.28, respectively, for the quarter ended March 28, 2026, as compared with $0.81 and $0.80, respectively, for the quarter ended March 29, 2025. First Half Fiscal 2026 Results First half fiscal 2026 net sales totaled $2.68 billion, an increase of 2.4% compared with $2.62 billion for the first half of fiscal 2025. Gross profit for the six months ended March 28, 2026, increased to $659.8 million, as compared with $612.1 million for the first six months of fiscal 2025. Gross profit, as a percentage of sales, was 24.6% for the first half of fiscal 2026, compared with 23.4% for the first half of fiscal 2025. Operating and administrative expenses totaled $586.6 million for the six months ended March 28, 2026, as compared to $569.9 million for the six months ended March 29, 2025. Interest expense decreased to $9.1 million for the six-month period ended March 28, 2026, as compared with $9.9 million for the six-month period ended March 29, 2025. Total debt as of March 28, 2026, was $503.8 million compared with $521.6 million as of March 29, 2025. Net inco...

Ingles Markets (IMKTA) shares were down 4.8% in Thursday early trading after the company's fiscal Q2

ASHEVILLE, N.C., April 30, 2026--(BUSINESS WIRE)--Ingles Markets, Incorporated (NASDAQ: IMKTA) ("Ingles" or the "Company") announced that based on preliminary voting results from the 2026 Annual Meeting of Shareholders held today, Dwight Jacobs and Rory Held have been elected as Class A directors; Fred D. Ayers, Robert P. Ingle, II, Patricia E. Jackson, James W. Lanning, Laura Ingle Sharp and Brenda S. Tudor have been elected as Class B directors; and shareholders approved, on an advisory basis, the compensation of the Company’s executive officers. The Ingles Board of Directors issued the following statement: We appreciate the engagement and input we’ve received from our shareholders leading up to the Annual Meeting. The Ingles Board and management team remain committed to serving the best interests of all Ingles stakeholders, including our shareholders, associates and the communities we serve, as we build on more than 60 years of success as a leading southeastern supermarket chain. The final voting results once certified by the Independent Inspector of Elections will be reported on a Form 8-K that will be filed with the Securities and Exchange Commission. About Ingles Markets, Incorporated Ingles Markets, Incorporated is a leading grocer with operations in six southeastern states. Headquartered in Asheville, North Carolina, the Company operates 197 supermarkets. In conjunction with its supermarket operations, the Company operates neighborhood shopping centers, most of which contain an Ingles supermarket. The Company also owns a fluid dairy facility that supplies Ingles supermarkets and unaffiliated customers. To learn more about Ingles Markets visit www.ingles-markets.com Cautionary Note Regarding Forward-Looking Statements This communication includes certain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements may address, among other things, the Company’s expected financial and operational results and the related assumptions underlying our expected results. These forward-looking statements are distinguished by use of words such as "anticipate," "aim," "believe," "continue," "could," "estimate," "expect," "intends," "may," "might," "plan," "possible," "potential," "predict," "project," "should," "will," "would" and the negative of these terms, and similar references to fut...

ASHEVILLE, N.C., March 30, 2026--(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 on all its Class A Common Stock and $0.15 (fifteen cents) per share on all its Class B Common Stock. This is an annual rate of $0.66 and $0.60 per share, respectively. Dividends on both the Class A and Class B Common Stock are payable April 16, 2026, to all shareholders of record on April 9, 2026. Ingles Markets, Incorporated is a leading grocer with operations in six southeastern states. Headquartered in Asheville, North Carolina, the Company operates 197 supermarkets. At March 30, 2026, three of the four stores temporarily closed due to damage sustained in Hurricane Helene remained closed but are expected to reopen in 2026. In conjunction with its supermarket operations, the Company operates neighborhood shopping centers, most of which contain an Ingles supermarket. The Company also owns a fluid dairy facility that supplies Ingles supermarkets and unaffiliated customers. To learn more about Ingles Markets visit ingles-markets.com. View source version on businesswire.com: https://www.businesswire.com/news/home/20260330173696/en/ Contacts Pat Jackson, Chief Financial Officer [email protected] (828) 669-2941 (Ext. 223)

BLACK MOUNTAIN, N.C. (AP) — BLACK MOUNTAIN, N.C. (AP) — Ingles Markets Inc. (IMKTA) on Thursday reported net income of $28.1 million in its fiscal first quarter. On a per-share basis, the Black Mountain, North Carolina-based company said it had net income of $1.48. The grocer posted revenue of $1.37 billion in the period. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on IMKTA at https://www.zacks.com/ap/IMKTA

Ingles Markets (IMKTA) reported fiscal Q1 earnings Thursday of $1.48 per diluted share, up from $0.8

ASHEVILLE, N.C., February 05, 2026--(BUSINESS WIRE)--Ingles Markets, Incorporated (NASDAQ: IMKTA) today reported results for the three months ended December 27, 2025. Robert P. Ingle II, Chairman of the Board, stated, "We are pleased with the results and want to thank our associates for their continued commitment and efforts throughout the holiday season." First Quarter 2026 Results Net sales totaled $1.37 billion for the quarter ended December 27, 2025, an increase of 6.6% compared with $1.29 billion for the quarter ended December 28, 2024. Gross profit for the first quarter of fiscal 2026 totaled $334.6 million, or 24.4% of sales. Gross profit for the first quarter of fiscal 2025 was $301.1 million, or 23.4% of sales. Operating and administrative expenses for the first quarter of fiscal 2026 totaled $295.4 million compared with $280.7 million for the first quarter of fiscal 2025. Interest expense totaled $4.6 million for the first quarter of fiscal 2026 compared with $5.0 million for the first quarter of fiscal 2025. Total debt at the end of the first quarter of fiscal 2026 was $511.5 million compared with $529.4 million at the end of the first quarter of fiscal 2025. Net income totaled $28.1 million for the first quarter of fiscal 2026 compared with $16.6 million for the first quarter of fiscal 2025. Basic and diluted earnings per share for Class A Common Stock were $1.51 and $1.48, respectively, for the quarter ended December 27, 2025, compared with $0.89 and $0.87, respectively, for the quarter ended December 28, 2024. Basic and diluted earnings per share for Class B Common Stock were each $1.38 for the quarter ended December 27, 2025, compared with $0.81 for the quarter ended December 28, 2024. Capital expenditures for the first quarter of fiscal 2026 totaled $36.4 million compared with $37.8 million for the first quarter of fiscal 2025. As of December 27, 2025, the Company had only a single letter of credit in the amount of $500,000 outstanding under its $150.0 million line of credit and otherwise had no borrowings outstanding thereunder. The Company believes its financial resources, including the line of credit and other internal and anticipated external sources of funds, will be sufficient to meet planned capital expenditures, debt service and working capital requirements for the foreseeable future. About Ingles Markets, Incorporated Ingles Markets,...

ASHEVILLE, N.C., December 29, 2025--(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 on all its Class A Common Stock and $0.15 (fifteen cents) per share on all its Class B Common Stock. This is an annual rate of $0.66 and $0.60 per share, respectively. Dividends on both the Class A and Class B Common Stock are payable January 15, 2026, to all shareholders of record on January 8, 2026. Ingles Markets, Incorporated is a leading grocer with operations in six southeastern states. Headquartered in Asheville, North Carolina, the Company operates 197 supermarkets. At December 29, 2025, three of the four stores temporarily closed due to damage sustained in Hurricane Helene remained closed but are expected to reopen in 2026. In conjunction with its supermarket operations, the Company operates neighborhood shopping centers, most of which contain an Ingles supermarket. The Company also owns a fluid dairy facility that supplies Ingles supermarkets and unaffiliated customers. To learn more about Ingles Markets visit ingles-markets.com. View source version on businesswire.com: https://www.businesswire.com/news/home/20251229703711/en/ Contacts Ingles Markets, Inc. Pat Jackson, Chief Financial Officer [email protected] (828) 669-2941 (Ext. 223)

ASHEVILLE, N.C., November 26, 2025--(BUSINESS WIRE)--Ingles Markets, Incorporated (NASDAQ: IMKTA) today reported results for the quarter and year ended September 27, 2025. Robert P. Ingle II, Chairman of the Board, stated, "We continue to make improvements in the company to strengthen the customer experience. We want to thank our associates for their hard work and dedication during this past challenging year." Fourth Quarter Results Net sales totaled $1.37 billion for the quarter ended September 27, 2025, compared with $1.40 billion for the quarter ended September 28, 2024. Fourth quarter results for fiscal 2025 and 2024 each consisted of 13 weeks of operations. Gross profit for the fourth quarter of fiscal 2025 totaled $334.7 million, or 24.5% of sales. Gross profit for the fourth quarter of fiscal 2024 was $299.4 million, or 21.4% of sales. Operating and administrative expenses for the fourth quarter of fiscal 2025 totaled $299.0 million compared with $301.0 million for the fourth quarter of fiscal 2024. Interest expense totaled $5.0 million for the fourth quarter of fiscal 2025 compared with $5.2 million for the fourth quarter of fiscal 2024. Total debt at the end of fiscal 2025 was $514.8 million compared with $532.6 million at the end of fiscal 2024. Net income totaled $25.7 million for the fourth quarter of fiscal 2025 compared with a net loss of $1.5 million for the fourth quarter of fiscal 2024. For the quarter and year ended September 28, 2024, the Company recognized an impairment loss of $30.4 million related to inventory damaged or destroyed by Hurricane Helene. Additionally, the Company recognized a property and equipment impairment loss of $4.5 million for the quarter and year ended September 28, 2024. Basic and diluted earnings per share for Class A Common Stock were $1.38 and $1.35, respectively, for the quarter ended September 27, 2025, as compared with basic and diluted loss per share of $0.08 for the quarter ended September 28, 2024. Basic and diluted earnings per share for Class B Common Stock were each $1.26 for the quarter ended September 27, 2025, as compared with basic and diluted losses per share of $0.07 for the quarter ended September 28, 2024. Annual Results Net sales totaled $5.33 billion for the fiscal year ended September 27, 2025, compared with $5.64 billion for the fiscal year ended September 28, 2024. The fiscal years ended S...

BLACK MOUNTAIN, N.C. (AP) — BLACK MOUNTAIN, N.C. (AP) — Ingles Markets Inc. (IMKTA) on Wednesday reported net income of $25.7 million in its fiscal fourth quarter. On a per-share basis, the Black Mountain, North Carolina-based company said it had net income of $1.35. The grocer posted revenue of $1.37 billion in the period. For the year, the company reported profit of $83.6 million, or $4.40 per share. Revenue was reported as $5.33 billion. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on IMKTA at https://www.zacks.com/ap/IMKTA

Ingles Markets (IMKTA) reported fiscal Q4 earnings Wednesday of $1.35 per diluted Class A share, swi