| Ingles Markets, Incorporated Reports Results for Second Quarter and First Six Months of Fiscal 2025 |
ASHEVILLE, N.C.--(BUSINESS WIRE)---- $IMKTA--Ingles Markets, Incorporated (NASDAQ: IMKTA) today reported sales for the three and six months ended March 29, 2025. Robert P. Ingle II, Chairman of the Board, stated, “We continue to support our stores and thank our associates for their hard work delivering value to our customers.” Second Quarter 2025 Results Net sales totaled $1.33 billion for the quarter ended March 29, 2025, a decrease of 2.7% compared with $1.37 billion for the quarter ended March 30, 2024. |
businesswire.com |
2025-05-08 11:30:00 |
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| 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) 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 17, 2025, to all shareholders of record on April 10, 2025. |
businesswire.com |
2025-03-31 15:00:00 |
Czytaj oryginał (ang.) |
| Ingles Markets Is In The Bargain Bin |
Recently, Ingles Markets has struggled, even compared to a difficult stock market. The firm has faced a revenue decline in 2024 due to inclement weather and lower fuel sales, impacting profitability significantly. Despite recent troubles, Ingles Markets remains undervalued compared to peers, with a strong balance sheet and low net leverage ratio. |
seekingalpha.com |
2025-03-14 12:30:00 |
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| Ingles Markets, Incorporated Reports Results for the First Quarter of Fiscal 2025 |
ASHEVILLE, N.C.--(BUSINESS WIRE)---- $IMKTA--Ingles Markets, Incorporated (NASDAQ: IMKTA) today reported results for the three months ended December 28, 2024. Robert P. Ingle II, Chairman of the Board, stated, “As recovery efforts progress in the communities we support, we remain dedicated to offering value and providing a wide range of high-quality products to our customers. We deeply appreciate the focus, dedication and hard work of our associates in making this possible.” Impact of Hurricane Helene On. |
businesswire.com |
2025-02-06 09:30:00 |
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| 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) 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 16, 2025, to all shareholders of record on January 9, 2. |
businesswire.com |
2024-12-30 13:00:00 |
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| Ingles Markets: Hurricane Helene Impact Is Phasing Out |
Hurricane Helene significantly impacted Ingles Markets' operations from late September forward, causing $35 million in impairments and temporary store closures. The fiscal Q4 results showed weakness from the impairments and two days of lost sales already, but the main sales impact is likely to be recorded in Ingles Markets' Q1. Only three of Ingles Markets' 198 stores remain closed in late December, and the company's distribution center already returned to full operations two weeks after the hurricane. |
seekingalpha.com |
2024-12-29 17:55:36 |
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| Ingles Markets, Tesla And Other Big Stocks Moving Lower In Friday's Pre-Market Session |
U.S. stock futures were lower this morning, with the Dow futures falling more than 100 points on Friday. |
benzinga.com |
2024-12-27 10:32:12 |
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| Ingles Markets, Incorporated Reports Results for Fourth Quarter and Fiscal Year 2024 |
ASHEVILLE, N.C.--(BUSINESS WIRE)---- $IMKTA--Ingles Markets, Incorporated (NASDAQ: IMKTA) today reported results for the three and twelve months ended September 28, 2024. Robert P. Ingle II, Chairman of the Board, stated, “After Hurricane Helene impacted our communities, I am proud of how not only our associates came together, but our entire region. We are truly thankful for all the volunteers and the outpouring of support for our region.” Impact of Hurricane Helene On September 27, 2024, Hurricane Helene. |
businesswire.com |
2024-12-27 09:30:00 |
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| Ingles Markets, Incorporated Reports Receipt of Notice from Nasdaq Regarding Delayed Filing of Annual Report on Form 10-K |
ASHEVILLE, N.C.--(BUSINESS WIRE)--Ingles Markets, Incorporated (NASDAQ: IMKTA) (the “Company”), today announced that it received a notice (the “Notice”) from The Nasdaq Stock Market LLC (“Nasdaq”), stating that because the Company has not yet filed its Annual Report on Form 10-K for the fiscal year ended September 28, 2024 (the “Annual Report”), the Company is no longer in compliance with Nasdaq Listing Rule 5250(c)(1), which requires listed companies to timely file all required periodic financ. |
businesswire.com |
2024-12-26 18:15:00 |
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| Ingles Markets, Incorporated Reports Update on the Impact of Hurricane Helene |
ASHEVILLE, N.C.--(BUSINESS WIRE)---- $IMKTA--Ingles Markets, Incorporated (NASDAQ: IMKTA) today announced that Hurricane Helene has impacted both stores and distribution center operations. Our hearts are heavy for those in our communities who lost lives, loved ones, homes and access to basic necessities. Hurricane Helene brought with it unprecedented flooding and property damage, together with continuing power and water outages, which have impacted our footprint of operations. Currently, of our 198 stores. |
businesswire.com |
2024-10-03 20:30:00 |
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| 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) 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 October 17, 2024, to all shareholders of record on October 10,. |
businesswire.com |
2024-09-30 15:00:00 |
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| 3 Small Cap Gems That Could Be Big Beneficiaries Of This Ongoing Capital Rotation |
This week's CPI report came in roughly in line with expectations, with average prices paid by consumers rising 2.5% on a year-over-year basis. |
247wallst.com |
2024-09-13 11:00:36 |
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| Ingles Markets: Expansion Plan, Quite Undervalued |
Ingles Markets Inc. plans to expand and renovate stores, which is expected to drive economies of scale, net sales, and FCF growth. The company has shown impressive equity growth, book value per share growth, and reduced net debt over the past decade. The company's long term expertise in the market, net income growth, and equity growth experienced in the last decade prove that IMKTA conducts a successful business model. |
seekingalpha.com |
2024-08-28 17:12:16 |
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| 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 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 July 18, 2024, to all shareholders of record on July 11, 2024. |
businesswire.com |
2024-07-01 15:00:00 |
Czytaj oryginał (ang.) |
| Ingles Markets' Undervaluation Remains As Investors Get Startled By Slower Inflation |
Ingles Markets has reported revenue declines in H1/FY2024 as food inflation and gas prices have shown very low year-over-year inflation. The operating margin has also continued to fall back into a historical long-term average at quite a rapid pace. Real estate assets on IMKTA's balance sheet provide potential for shareholder value through a sale-and-leaseback or acquisition, but I believe such transactions to be unlikely. |
seekingalpha.com |
2024-06-15 03:55:56 |
Czytaj oryginał (ang.) |
| 7 Value Stocks to Buy at a 52-Week Low in March |
When it comes to finding the best value stocks to buy, sometimes you have to go against the grain. That is, dive into stocks that have fallen out of favor with the market, to assess whether investor sentiment is on the money, or an overreaction. |
investorplace.com |
2024-03-28 08:45:00 |
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| 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, stated, “During the quarter, we remained focused on providing service and value to our customers. We are grateful to our associates for their continued dedication and service.” First Quarter 2024 Results Net sales totaled $1.48 billion for the quarter ended December 30, 2023, a decrease of 0.8% compared wit. |
businesswire.com |
2024-02-08 09:30:00 |
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| Ingles Markets: Store Renovation And Undervalued Supermarket Business |
Ingles Markets reports merchandising activities financed by vendors and a decrease in net debt/EBITDA ratio. The company's expansion plan, growth in the prepared food market, loyalty programs, and apps could bring new sales growth. The apps promoted in Google Play and the Apple Store could also enhance the shopping experience of clients. |
seekingalpha.com |
2024-01-04 02:16:33 |
Czytaj oryginał (ang.) |
| Ingles Markets: Still Low-Risk And Cheap |
Ingles Markets' H2/FY2023 results show solid performance, as margins have been sustained at a great level with mostly stable revenues. After my previous write-up, the stock has remained relatively flat despite earnings above my expectations. The stock still seems to have a great undervaluation, as my DCF model estimates a very good amount of upside. |
seekingalpha.com |
2024-01-03 03:46:00 |
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| 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) 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 19, 2024, to all shareholders of record on January 12,. |
businesswire.com |
2024-01-02 13:00:00 |
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| 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 of the Board, stated, “We are happy to report results for the quarter and year-end. We continue to thank our associates for the dedication and hard work they provide to serve our customers.” Fourth Quarter Results Net sales totaled $1.58 billion for the quarter ended September 30, 2023, compared with $1.45 bi. |
businesswire.com |
2023-11-29 09:30:00 |
Czytaj oryginał (ang.) |
| 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) 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 October 19, 2023, to all shareholders of record on October 12,. |
businesswire.com |
2023-10-02 15:00:00 |
Czytaj oryginał (ang.) |
| 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 Board, stated, “It is our goal to provide the best customer experience with fresh quality products at affordable prices. We appreciate our customers and associates for their continued dedication and loyalty.” Third Quarter Results Net sales totaled $1.43 billion for the quarter ended June 24, 2023, compared w. |
businesswire.com |
2023-08-03 11:30:00 |
Czytaj oryginał (ang.) |
| Ingles Markets Seems Like A Low-Risk Pick |
Ingles Markets is a United States-based company operating supermarkets as well as pharmacies and fuel stations. The company has maintained minimally growing revenues with steady margin, although the company's operating margin is currently above a sustainable level. Ingles Markets is a low-risk stock, as supermarket revenues are highly recession-proof. |
seekingalpha.com |
2023-08-01 14:50:14 |
Czytaj oryginał (ang.) |