Content about Ingles Markets Inc.

February 3, 2014

Ingles Markets, Inc. reported net income of $9.5 million during the first quarter of fiscal 2014, down 18% from $11.6 million during the same period a year earlier. Net sales rose 1.1% for the quarter, to $945.1 million from $935 million.

Asheville, N.C. – Ingles Markets, Inc. reported net income of $9.5 million during the first quarter of fiscal 2014, down 18% from $11.6 million during the same period a year earlier. Net sales rose 1.1% for the quarter, to $945.1 million from $935 million.

Grocery same-store sales decreased 0.8%. In addition, operating expenses rose, which may have contributed to the decline in net income. Robert P. Ingle II, CEO of Ingles, also cited holiday price-cutting measures.

February 4, 2013

Ingles Markets Inc. said that its fiscal first-quarter net income increased 9%.

Asheville, N.C. -- Ingles Markets Inc. said Monday that its fiscal first-quarter net income increased 9%. The supermarket chain earned $11.6 million for the quarter ended Dec. 29, up from $10.6 million a year ago.

Revenue rose 2% to $932.8 million, from $918.2 million. Ingles Markets said that weekly customer visits increased 1.4% during the quarter, while the average amount that customers spent was nearly unchanged.

Ingles Markets operates 203 supermarkets in six states in the southeastern U.S.

 

January 22, 2006

Asheville, N.C., Supermarket...

February 24, 2005

Asheville, N.C., Ingles...