Ingles Markets stock hits 52-week high at 87.03 USD
Ingles Markets stock reached a 52-week high of $87.03, reflecting strong market performance with a 36.33% increase over the past year. The company's stock is considered attractively valued with a PEG ratio of 0.83 and maintains a "GOOD" financial health score. Recent corporate developments include a cash dividend announcement and a change in the board of directors.
Ingles holiday quarter pulls in $1.37B sales and $28M profit
Ingles Markets, Incorporated (NASDAQ: IMKTA) reported strong results for the first quarter of fiscal 2026, with net sales reaching $1.37 billion, a 6.6% increase from the previous year. The company's net income significantly improved to $28.1 million, up from $16.6 million in Q1 2025. Basic and diluted earnings per share for Class A Common Stock were $1.51 and $1.48 respectively, reflecting a positive holiday season performance.
Ingles Markets Net Income Surges to $28.1M
Ingles Markets reported strong financial results for the first quarter of fiscal 2026, with net sales increasing to $1.37 billion and net income surging to $28.1 million. This rebound follows a challenging year of recovery from Hurricane Helene in late 2024, which caused significant damage and revenue loss. The southeastern grocer also reduced its debt and expects to reopen damaged stores in 2026 and 2027.
Ingles Markets, Incorporated Reports Results for the First Quarter of Fiscal 2026
Ingles Markets, Incorporated reported strong financial results for the first quarter of fiscal 2026, ending December 27, 2025. The company announced a significant increase in net sales to $1.37 billion, up 6.6% from the previous year, and net income rose to $28.1 million from $16.6 million. These positive outcomes were highlighted by Chairman Robert P. Ingle II, who acknowledged the associates' efforts during the holiday season.
Earnings Flash (IMKTA) Ingles Markets, Incorporated Reports Q1 Revenue $1.37B
Ingles Markets, Incorporated (IMKTA) announced its fiscal Q1 revenue of $1.37 billion. The company operates as a grocer with supermarkets in six southeastern states and also manages neighborhood shopping centers, many of which include an Ingles supermarket. Additionally, it owns a dairy facility supplying both its supermarkets and other customers.
INGLES MARKETS INC SEC 10-Q Report
Ingles Markets Inc. (IMKTA) has released its latest 10-Q report for the fiscal quarter ending December 27, 2025, showing significant financial and operational improvements. The report highlights robust growth in net sales and income, attributing success to strong comparable store sales and effective cost management. The company also detailed future capital expenditures aimed at store improvements and expansion, along with recovery efforts from Hurricane Helene.
Teacher Retirement System of Texas Acquires 23,479 Shares of Ingles Markets, Incorporated $IMKTA
The Teacher Retirement System of Texas increased its stake in Ingles Markets (NASDAQ:IMKTA) by 42.7% during the third quarter, purchasing an additional 23,479 shares and bringing its total holding to 78,469 shares valued at approximately $5.46 million. Other institutional investors like Geode Capital Management, Creative Planning, and Systematic Financial Management also modified their positions. Analysts currently have an average "Hold" rating on Ingles Markets, which has a market cap of $1.38 billion and pays a quarterly dividend.
Ingles Markets (IMKTA) Maintains Quarterly Dividend Payout
Ingles Markets (IMKTA) has announced it will maintain its quarterly dividend payout of $0.165 per Class A share and $0.15 per Class B share, to be distributed on January 15. The company operates a supermarket chain primarily in the southeastern U.S. and despite challenges in revenue growth, exhibits strong financial health and favorable valuation indicators, suggesting a stable outlook for investors.
Ingles Markets declares cash dividend for Class A and B shares
Ingles Markets, Incorporated (NASDAQ:IMKTA) announced a cash dividend for its Class A and Class B Common Stock shareholders, maintaining dividend payments for 39 consecutive years. The company will pay $0.165 per share on Class A and $0.15 per share on Class B, payable January 15, 2026, to shareholders of record on January 8, 2026. This announcement follows recent changes to its board of directors and an earlier declared quarterly dividend.
Ingles Markets declares cash dividend for Class A and B shares
Ingles Markets (NASDAQ:IMKTA) has declared a cash dividend for its Class A and Class B Common Stock, continuing its 39-year streak of dividend payments. Shareholders of record on January 8, 2026, will receive $0.165 per Class A share and $0.15 per Class B share, payable on January 15, 2026. The company also announced recent board changes and the expected reopening of stores damaged by Hurricane Helene in 2026.
Ingles Markets, Incorporated Declares Quarterly Cash Dividend
Ingles Markets, Incorporated (NASDAQ: IMKTA) announced that its Board of Directors has declared a quarterly cash dividend. Class A Common Stock shareholders will receive $0.165 per share, and Class B Common Stock shareholders will receive $0.15 per share. These dividends are payable on January 15, 2026, to shareholders of record as of January 8, 2026.
Ingles Markets Keeps Quarterly Dividend at $0.165 per Class A Share, Payable Jan. 15 to Holders of Record Jan. 8
Ingles Markets, Inc. (NASDAQ: IMKTA) has declared its regular quarterly dividend of $0.165 per Class A share, consistent with previous payments. This dividend is scheduled to be paid on January 15 to shareholders of record as of January 8. The announcement reinforces the company's continuous dividend payouts to its investors.
Ingles Markets declares cash dividend for Class A and B shares
Ingles Markets, Incorporated announced a cash dividend for both its Class A and Class B Common Stock shareholders, marking 39 consecutive years of dividend payments. Class A shareholders will receive $0.165 per share and Class B shareholders will receive $0.15 per share, payable on January 15, 2026. The company also provided an update on store reopenings following Hurricane Helene and a recent change in its board of directors.
Ingles Markets, Incorporated Declares Quarterly Cash Dividend
Ingles Markets, Incorporated (NASDAQ: IMKTA) announced that its Board of Directors declared quarterly cash dividends. Class A Common Stock shareholders will receive $0.165 per share, and Class B Common Stock shareholders will receive $0.15 per share. These dividends are payable on January 15, 2026, to shareholders of record as of January 8, 2026.
Ingles Markets, Incorporated Declares Quarterly Cash Dividend
Ingles Markets, Incorporated (NASDAQ: IMKTA) has declared a quarterly cash dividend of $0.165 per share for Class A Common Stock and $0.15 per share for Class B Common Stock, with an annual rate of $0.66 and $0.60 respectively. These dividends are payable on January 15, 2026, to shareholders of record on January 8, 2026. The company, a leading grocer in six southeastern states, also announced that three stores damaged by Hurricane Helene are expected to reopen in 2026.
Ingles Markets, Incorporated Declares Quarterly Cash Dividend
Ingles Markets, Incorporated announced a cash dividend of $0.165 per share on its Class A Common Stock and $0.15 per share on its Class B Common Stock. These dividends are payable on January 15, 2026, to shareholders of record as of January 8, 2026. The company, a leading grocer in six southeastern states, also noted that three stores damaged by Hurricane Helene are expected to reopen in 2026.
Ingles Markets, Incorporated Declares Quarterly Cash Dividend
Ingles Markets, Incorporated announced that its Board of Directors has declared a quarterly cash dividend. Class A Common Stock will receive $0.165 per share, and Class B Common Stock will receive $0.15 per share. These dividends are payable on January 15, 2026, to shareholders of record on January 8, 2026.
Ingles Markets, Incorporated Declares Quarterly Cash Dividend
Ingles Markets, Incorporated announced a quarterly cash dividend for its Class A Common Stock ($0.165 per share) and Class B Common Stock ($0.15 per share). These dividends are payable on January 15, 2026, to shareholders of record as of January 8, 2026. The company also noted that three stores damaged by Hurricane Helene are expected to reopen in 2026.
Ingles Markets, Incorporated Declares Quarterly Cash Dividend
Ingles Markets, Incorporated announced a quarterly cash dividend for its Class A Common Stock ($0.165 per share) and Class B Common Stock ($0.15 per share). The dividends are payable on January 15, 2026, to shareholders of record as of January 8, 2026. The company is a leading grocer with 197 supermarkets and also operates neighborhood shopping centers and a fluid dairy facility.
Ingles Markets, Incorporated Declares Quarterly Cash Dividend
Ingles Markets, Incorporated announced a cash dividend of $0.165 per share on Class A Common Stock and $0.15 per share on Class B Common Stock. These dividends are payable on January 15, 2026, to shareholders of record on January 8, 2026. The company is a leading grocer operating 197 supermarkets in six southeastern states and anticipates reopening three stores damaged by Hurricane Helene in 2026.
Ingles Markets, Incorporated Declares Quarterly Cash Dividend
Ingles Markets, Incorporated announced that its Board of Directors has declared a quarterly cash dividend. Class A Common Stock shareholders will receive $0.165 per share, and Class B Common Stock shareholders will receive $0.15 per share. These dividends are payable on January 15, 2026, to shareholders of record as of January 8, 2026.
Ingles Markets, Incorporated Declares Quarterly Cash Dividend
Ingles Markets, Incorporated (NASDAQ: IMKTA) announced that its Board of Directors declared a cash dividend of $0.165 per share on Class A Common Stock and $0.15 per share on Class B Common Stock. These dividends, representing annual rates of $0.66 and $0.60 respectively, are payable on January 15, 2026, to shareholders of record as of January 8, 2026. The company also noted that three of its 197 supermarkets, temporarily closed due to Hurricane Helene damage, are expected to reopen in 2026.
Ingles Markets, Incorporated Declares Quarterly Cash Dividend
Ingles Markets, Incorporated announced a quarterly cash dividend of $0.165 per share on Class A Common Stock and $0.15 per share on Class B Common Stock, payable on January 15, 2026. This equates to an annual rate of $0.66 and $0.60 per share, respectively. The company operates 197 supermarkets in six southeastern states and is headquartered in Asheville, North Carolina.
Ingles Markets, Incorporated Reports Results for Fourth Quarter and Fiscal Year 2025
Ingles Markets, Incorporated reported its financial results for the fourth quarter and fiscal year ended September 27, 2025. For the fourth quarter, net income was $25.7 million, a significant improvement from a net loss in the prior year, despite slightly lower net sales. Annually, net sales decreased to $5.33 billion from $5.64 billion, with full-year net income at $83.6 million compared to $105.5 million in the previous fiscal year.
Ingles Markets appoints L. Keith Collins to board following director resignation
Ingles Markets has appointed L. Keith Collins to its board of directors following the immediate resignation of John R. Lowden. Collins brings over 40 years of experience in dairy operations and previously served as President of Milkco, Inc., an Ingles Markets subsidiary. He will serve as a director until the company's 2026 annual meeting of shareholders.
INGLES MARKETS INC SEC 10-K Report
Ingles Markets, Inc. (IMKTA) released its annual Form 10-K report for the fiscal year ending September 27, 2025, detailing a decrease in net sales to $5.33 billion and net income to $83.6 million, primarily due to the impact of Hurricane Helene. The company plans to invest $120-140 million in 2026 for store modernization and technology upgrades while navigating competitive pressures, regional risks, and regulatory challenges.
Ingles Markets appoints L. Keith Collins to board following director resignation
Ingles Markets, Incorporated (NASDAQ:IMKTA) announced the appointment of L. Keith Collins to its board of directors, following the immediate resignation of John R. Lowden. Collins, 68, brings over four decades of experience in dairy operations and management, having previously served as President of Milkco, Inc., a subsidiary of Ingles Markets. He will serve until the company’s 2026 annual meeting and will be compensated according to the standard policy for non-employee directors.
Ingles Markets stock hits 52-week high at 75.67 USD By Investing.com
Ingles Markets (IMKTA) stock has reached a 52-week high of $75.67, reflecting a 28% gain from its low and strong investor confidence. The company also declared quarterly cash dividends for both Class A and Class B Common Stock, set to be paid in October 2025. Additionally, Ingles Markets adopted updated bylaws, introducing advance notice requirements for shareholder nominations and enhancing indemnification provisions for directors and officers.
Ingles Markets, Incorporated Declares Quarterly Cash Dividend
Ingles Markets, Incorporated announced a cash dividend for its Class A and Class B Common Stock, payable on July 17, 2025, to shareholders of record on July 10, 2025. The company operates 197 supermarkets across six southeastern states, along with neighborhood shopping centers and a fluid dairy facility. Pat Jackson, Chief Financial Officer, is listed as the contact person for Ingles Markets.
Ingles Markets, Incorporated Reports Results for the First Quarter of Fiscal 2025
Ingles Markets reported its first-quarter fiscal 2025 results, showing a decrease in net sales and net income compared to the previous year, partly due to the impact of Hurricane Helene. The company incurred cleanup and repair costs from the hurricane which caused lost revenue and store closures. Despite these challenges, the company believes its financial resources are sufficient for future operations.
Teacher Retirement System of Texas Sells 37,449 Shares of Ingles Markets, Incorporated $IMKTA
The Teacher Retirement System of Texas significantly reduced its stake in Ingles Markets by selling 37,449 shares, decreasing its ownership by 40.5% in the second quarter. Despite this, Ingles Markets declared a quarterly dividend of $0.165 and maintains an average "Hold" rating from analysts. The institutional ownership of Ingles Markets stands at 62.54%.
Southeast Grocer Ingles Markets Maintains Dividend Strength While Navigating Hurricane Store Recovery
Ingles Markets, Incorporated declared a quarterly cash dividend of $0.165 per share for Class A Common Stock and $0.15 per share for Class B Common Stock, payable on October 16, 2025. The company, which operates 197 supermarkets across six southeastern states, noted that three of its stores damaged by Hurricane Helene are expected to reopen in late 2025 or 2026. This announcement highlights the company's commitment to shareholder returns despite ongoing recovery efforts for hurricane-affected properties.
Ingles Markets, Incorporated Declares Quarterly Cash Dividend
Ingles Markets, Inc. announced a quarterly cash dividend of $0.165 per share for Class A Common Stock and $0.15 per share for Class B Common Stock, payable on October 16, 2025, to shareholders of record by October 9, 2025. The company, a leading grocer in the southeastern states, also noted that three of its four stores damaged by Hurricane Helene are expected to reopen in late 2025 or 2026.
Ingles Markets, Incorporated Declares Quarterly Cash Dividend
Ingles Markets, Incorporated announced its Board of Directors has declared a quarterly cash dividend. Class A Common Stock will receive $0.165 per share, and Class B Common Stock will receive $0.15 per share. These dividends are payable on October 16, 2025, to shareholders of record on October 9, 2025.
Ingles Markets, Incorporated Reports Results for Third Quarter and First Nine Months of Fiscal 2025
Ingles Markets, Incorporated reported its financial results for the third quarter and first nine months of fiscal 2025. For the third quarter, net sales decreased slightly to $1.35 billion, with net income totaling $26.2 million. For the nine-month period, net sales were $3.97 billion, and net income was $57.9 million, showing a decrease compared to the previous year for both periods.
Ingles Markets, Incorporated Reports Results for Second Quarter and First Six Months of Fiscal 2025; Robert P. Ingle II Comments
Ingles Markets, Incorporated reported its financial results for the second quarter and first six months of fiscal 2025. Net sales for the second quarter decreased by 2.7% compared to the prior year, with net income totaling $15.1 million. Robert P. Ingle II emphasized the company's focus on supporting stores and associates.
Ingles Markets, Incorporated Reports Results for Second Quarter and First Six Months of Fiscal 2025
Ingles Markets, Incorporated reported a decrease in net sales and net income for both the second quarter and the first six months of fiscal 2025 compared to the previous year. Net sales for the second quarter were $1.33 billion, down 2.7%, with net income at $15.1 million. For the first half of fiscal 2025, net sales totaled $2.62 billion, an 8.0% decrease, and net income was $31.7 million, down from $75.3 million in the prior year.
Ingles Markets, Incorporated Declares Quarterly Cash Dividend
Ingles Markets, Incorporated has declared a quarterly cash dividend for its Class A and Class B Common Stock. Class A stockholders will receive $0.165 per share, and Class B stockholders will receive $0.15 per share, with both payable on April 17, 2025, to shareholders of record on April 10, 2025. This announcement reflects an annual dividend rate of $0.66 and $0.60 per share for Class A and Class B respectively.
Multimillion-dollar bonuses for Ingles executives in 2024 despite lower profits at grocery chain
Ingles Markets executives received multimillion-dollar bonuses in 2024 despite a significant drop in company profits, largely due to Tropical Storm Helene, inflation, and higher labor costs. While Board Chairman Robert P. Ingle II received $7.4 million in total compensation and CEO James W. Lanning received $3.1 million, the median employee wage only increased by $93 annually. The article highlights the disparity between executive compensation and employee wages, and the company's financial performance.
Ingles Markets, Incorporated Reports Update on the Impact of Hurricane Helene
Ingles Markets, Incorporated announced that Hurricane Helene has impacted its stores and distribution center operations, causing unprecedented flooding, property damage, and power/water outages. While 186 of 198 stores are open, internet access limitations are affecting transactions, and the remaining closed stores await power restoration with no clear timeline. The company expressed sympathy for those affected by the hurricane.
Ingles Markets, Incorporated Reports Results for Third Quarter and First Nine Months of Fiscal 2024
Ingles Markets, Incorporated (NASDAQ: IMKTA) reported its financial results for the third quarter and first nine months of fiscal 2024, ending June 29, 2024. The company saw a decrease in net sales and net income for both periods compared to the previous year. Despite the financial declines, Ingles Markets emphasized its focus on customer service and product affordability, and expects capital expenditures for fiscal year 2024 to be between $170 million to $190 million.
INGLES MARKETS INC SEC 10-K Report
Ingles Markets Inc. has released its 2024 10-K report, detailing financial and operational performance, including net sales of $5.64 billion and a significant decrease in net income to $105.5 million due to inflation and Hurricane Helene's impact. The company plans to invest $120-$160 million in fiscal year 2025 for store modernization and expansion, while also addressing challenges like regional vulnerabilities, regulatory compliance, and market competition.
Ingles Markets, Incorporated Reports Results for Fourth Quarter and Fiscal Year 2024
Ingles Markets, Incorporated reported its financial results for the fourth quarter and fiscal year ended September 28, 2024, noting a significant impact from Hurricane Helene, which resulted in a $30.4 million inventory impairment and a $4.5 million property impairment. The company experienced a net loss in Q4 2024 compared to net income in Q4 2023, and a decrease in net income for the full fiscal year 2024 compared to 2023, primarily due to the hurricane and other operational factors. Despite these challenges, Ingles Markets continues to operate through its supermarket chain and associated properties, maintaining available credit for future capital and operational needs.
Ingles Markets Inc Reports Decline in Net Income and Sales for Q2 and First Half of Fiscal 2024
Ingles Markets Inc reported a decline in net sales and net income for both Q2 and the first half of fiscal year 2024, facing challenging market conditions and increased operational costs. Despite this, the company continues to invest in capital expenditures and has a robust balance sheet with reduced debt, positioning it for potential long-term growth amidst an evolving market.
Ingles, a dynasty: Founding family still in control
Ingles Markets, a publicly traded regional grocer, remains firmly under the control of its founding family, specifically Robert "Bobby" Ingle II, who holds 72 percent of the voting power. This control allows him significant influence over company decisions, including his own compensation and land deals with his private companies. Despite challenges from competitors and concerns from outside stockholders about corporate structure and property management, the company remains family-run with no immediate plans for succession, and Bobby Ingle continues to assert his control over the company's future.
Ingles Sees Net Sales, Income Decline in Q1
Ingles Markets Inc. reported declines in net sales and net income for Q1 of its fiscal 2024, with net sales decreasing by 0.8% to $1.48 billion and net income falling to $43.4 million. Despite increased operating expenses, the regional grocer managed to narrow its total debt to $546.9 million. The company asserts its financial resources are sufficient to meet future capital expenditures, debt service, and working capital needs.
Ingles Q4, FY Net Sales Edge Up
Ingles Markets Inc. reported an increase in net sales for both Q4 fiscal 2023 and the full fiscal year, reaching $1.58 billion and $5.89 billion respectively. Despite higher sales, net income and earnings per share were down for both periods, attributed possibly to lingering inflation. The company also managed to reduce its total debt.
Ingles Markets, Incorporated Declares Quarterly Cash Dividend
Ingles Markets, Incorporated announced that its Board of Directors has declared a quarterly cash dividend. Class A Common Stock shareholders will receive $0.165 per share, and Class B Common Stock shareholders will receive $0.15 per share. These dividends are payable on October 19, 2023, to shareholders of record as of October 12, 2023.
Ingles, other landowners allege Asheville is forcing them to fix social problem: lawsuit
A lawsuit filed by Ingles Markets Inc. and other landowners alleges that the city of Asheville is illegally forcing them to address the city's affordable housing crisis through its Urban Centers Initiative zoning changes. The plaintiffs claim the new zoning, which requires housing units in commercial developments over a certain size and restricts building height without affordable housing, unfairly burdens them to solve a city-created social problem. The city, however, maintains that its council was within its legal authority to implement the zoning changes.
Old Boones Creek Middle School lot sold to Ingles for $2M
The former Boones Creek Middle School site in Washington County, Tennessee, was sold to supermarket chain Ingles for $2 million. The Washington County Board of Education received $1,871,750 after taxes and fees, with at least $1.5 million of these funds earmarked for furnishing the new Jonesborough Elementary School. The roughly 12-acre property previously held the school building, which was demolished in 2021.
