Content about Ingles Markets

May 2, 2014

Ingles Markets reported a large increase in net income and smaller increase in net sales during the second quarter of fiscal 2014 as compared to the same period in the previous fiscal year.

Asheville, N.C. – Ingles Markets reported a large increase in net income and smaller increase in net sales during the second quarter of fiscal 2014 as compared to the same period in the previous fiscal year. Net income soared 29.2% to $105 million from $8.1 million, while net sales grew 2.9% to $947.8 million from $920.7 million.

August 6, 2012

Ingles Markets’ new store in Mills River, N.C., has received an Energy Star certification from the U.S. Environmental Protection Agency (EPA) that recognizes the energy efficiency of the store’s design.

Asheville, N.C. -- Ingles Markets’ new store in Mills River, N.C., has received an Energy Star certification from the U.S. Environmental Protection Agency (EPA) that recognizes the energy efficiency of the store’s design. The store was awarded the certification after meeting strict EPA guidelines for the estimated energy use of the building.

August 12, 2011

Ingles Markets reported Friday that profit for the quarter ended June 25 rose 11% to $12.7 million, compared with $11.4 million in the year earlier period.

Asheville, N.C. -- Ingles Markets reported Friday that profit for the quarter ended June 25 rose 11% to $12.7 million, compared with $11.4 million in the year earlier period.

Revenue increased 6% to $911 million from $856.1 million. Same-store sales, excluding fuel, rose 2%.

April 29, 2011

Net sales and net income for Ingles Markets realized a 4% and 38% increase, respectively, during the second quarter ended March 26, the retailer announced Friday.

Asheville, N.C. — Net sales and net income for Ingles Markets realized a 4% and 38% increase, respectively, during the second quarter ended March 26, the retailer announced Friday.

Ingles reported that second-quarter net sales rose $33.4 million to $870.4 million, while second-quarter net income increased from $5.6 million to $7.7 million.

March 7, 2011

Ingles Markets announced Monday that its founder and CEO Robert P. Ingle died on Sunday at age 77.

Asheville, N.C. -- Ingles Markets announced Monday that its founder and CEO Robert P. Ingle died on Sunday at age 77.

Ingle founded the company in 1965 and served as chairman of the board from 1965 until May 2004 and thereafter has served as a director. He has served as CEO since 1965, and president from 1965 until 1982.

His son Robert P. Ingle II has been named his successor.