Ingles Markets 8/8/2024 Earnings Report

Ingles Markets EPS Results

• Actual EPS: $1.67
• Consensus EPS: N/A
• Beat/Miss: N/A
• One Year Ago EPS: N/A

Ingles Markets Revenue Results

• Actual Revenue: $1.39 billion
• Expected Revenue: N/A
• Beat/Miss: N/A
• YoY Revenue Growth: N/A

Ingles Markets Announcement Details

• Date: 8/8/2024
• Time: N/A
• Conference Call Date: N/A
• Conference Call Time: N/A

Ingles Markets (NASDAQ:IMKTA), Inc. (NASDAQ: IMKTA) is a family‐owned regional supermarket chain headquartered in Asheville, North Carolina. Since its founding in 1963 by Robert P. Ingle Sr., the company has grown to serve communities across the southeastern United States, including North Carolina, South Carolina, Georgia, Tennessee, Virginia and Alabama. Ingles Markets operates a full-service grocery platform, delivering a broad assortment of fresh produce, meat and seafood, bakery items, deli offerings and dairy products alongside pantry staples and household essentials.

In addition to traditional grocery departments, Ingles Markets provides in-store pharmacy services and fuel centers at many of its locations. The company has expanded its digital capabilities in recent years, offering online ordering, curbside pickup and home delivery options to meet evolving consumer preferences. Ingles emphasizes local sourcing where possible and maintains partnerships with regional growers and suppliers to support community economies and reinforce its reputation for quality and freshness.

Governed by the Ingle family, Ingles Markets remains under the leadership of Robert P. Ingle II, who serves as chairman and CEO. Throughout its history, the company has focused on customer service, competitive pricing and operational efficiency to strengthen its market presence. With a legacy spanning more than half a century, Ingles continues to pursue strategic store relocations, remodels and selective new openings to enhance its footprint in existing markets.