---
schema_version: "secwatch.filing_event.v1"
accession: "0001157523-22-000564"
form_type: "8-K"
ticker: "IMKTA"
cik: "0000050493"
company_name: "INGLES MARKETS INC"
filed_at: "2022-05-05T23:59:59+00:00"
generated_at: "2026-06-26T00:04:44.468550+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Ingles Q2 sales up 16.3% to $1.38B, net income $68.6M, EPS $3.70

## Summary
- Net sales $1.38B (+16.3% YoY); net income $68.6M vs $52.2M.
- Class A diluted EPS $3.61 vs $2.58; gross margin 25.3% vs 26.2%.
- First half net income $134.8M, diluted EPS $7.10 on sales $2.77B.
- Total debt reduced to $578.5M from $647.8M; no borrowings on $150M line.
- Capex $34.1M in H1 vs $69.4M prior year; labor costs driving expense increase.

## SEC filing metadata
- accession: 0001157523-22-000564
- form_type: 8-K
- ticker: IMKTA
- cik: 0000050493
- company_name: INGLES MARKETS INC
- filed_at: 2022-05-05T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/50493/000115752322000564/0001157523-22-000564-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/50493/000115752322000564/a52707186.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001157523-22-000564
- JSON: https://secwatch.observer/filing/0001157523-22-000564.json
- Plain text: https://secwatch.observer/filing/0001157523-22-000564.txt

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