---
schema_version: "secwatch.filing_event.v1"
accession: "0001157523-21-001448"
form_type: "8-K"
ticker: "IMKTA"
cik: "0000050493"
company_name: "INGLES MARKETS INC"
filed_at: "2021-11-24T23:59:59+00:00"
generated_at: "2026-06-28T05:36:52.202160+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Ingles Markets Q4 sales up 11.6%, net income $71.7M; diluted EPS $3.78

## Summary
- Q4 net sales $1.34B (+11.6% YoY); net income $71.7M vs $57.9M; diluted EPS $3.78 vs $2.86.
- FY2021 net sales $4.99B (+8.2%); net income $249.7M vs $178.6M; diluted EPS $12.73 vs $8.82.
- Q4 gross margin fell to 25.6% from 27.1%; operating expenses rose to $248.9M on higher personnel and safety costs.
- Total debt reduced to $589.5M from $605.5M; Q4 interest expense $6.2M vs $8.7M due to refinancing.
- Capital expenditures $140.6M for FY, focused on new stores; full $150M credit line available.

## SEC filing metadata
- accession: 0001157523-21-001448
- form_type: 8-K
- ticker: IMKTA
- cik: 0000050493
- company_name: INGLES MARKETS INC
- filed_at: 2021-11-24T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/50493/000115752321001448/0001157523-21-001448-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/50493/000115752321001448/a52539046.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001157523-21-001448
- JSON: https://secwatch.observer/filing/0001157523-21-001448.json
- Plain text: https://secwatch.observer/filing/0001157523-21-001448.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.