{"schema_version":"secwatch.filing_event.v1","accession":"0001157523-22-001672","form_type":"8-K","ticker":"IMKTA","cik":"0000050493","company_name":"INGLES MARKETS INC","filed_at":"2022-11-23T23:59:59+00:00","discovered_at":"2026-05-14T18:03:53.231943+00:00","generated_at":"2026-06-21T13:41:42.646504+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Ingles Markets Q4 net income $70.2M vs $71.7M; FY net income up to $272.8M","bullets":["Q4 net sales $1.45B (+8.2% YoY); ex-gasoline comp store sales +5.2%.","FY net sales $5.68B (+13.8% YoY); ex-gasoline comp store sales +7.7%.","Q4 diluted EPS Class A $3.69 vs $3.78; FY diluted EPS Class A $14.36 vs $12.73.","FY operating expenses $1.0B; interest expense $21.5M vs $24.3M.","Total debt $571.9M at year-end; full $150M line of credit available."],"urls":{"canonical":"https://secwatch.observer/filing/0001157523-22-001672","json":"https://secwatch.observer/filing/0001157523-22-001672.json","markdown":"https://secwatch.observer/filing/0001157523-22-001672.md","text":"https://secwatch.observer/filing/0001157523-22-001672.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/50493/000115752322001672/0001157523-22-001672-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/50493/000115752322001672/a52977063.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-21T13:41:42.646504+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"572ce507dd27416d68421a2ac6fc2d4221fd03b6","claim":"INGLES MARKETS INC reported the quarter ended September 24, 2022 results: revenue $1.45 billion, net income $70.2 million, EPS $3.78.","evidence_excerpt":"Net sales totaled $1.45 billion for the quarter ended September 24, 2022, compared with $1.34 billion for the quarter ended September 25, 2021. Excluding gasoline sales, comparable store sales increased 5.2% over the comparative fiscal quarter. Gross profit for the fourth quarter of fiscal 2022 totaled $364.8 million, or 25.1% of sales. Gross profit for the fourth quarter of fiscal 2021 was $341.3 million, or 25.6% of sales. Operating and administrative expenses for the September 2022 quarter totaled $268.0 million compared with $248.9 million for the September 2021 quarter. Interest expense totaled $5.4 million for the fourth quarter of fiscal 2022 compared with $6.2 million for the fourth quarter of fiscal 2021. Total debt at the end of fiscal 2022 was $571.9 million compared with $589.5 million at the end of fiscal 2021. Net income totaled $70.2 million for the September 2022 quarter compared with $71.7 million for the September 2021 quarter. Basic and diluted earnings per share for","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/50493/000115752322001672/0001157523-22-001672-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended September 24, 2022"},{"label":"Revenue","value":"$1.45 billion"},{"label":"Net income","value":"$70.2 million"},{"label":"EPS","value":"$3.78"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"77a50ab248c572a65edffa2ac5f0f662bb22091f","claim":"INGLES MARKETS INC reported the fiscal year ended September 24, 2022 results: revenue $5.68 billion, net income $272.8 million, EPS $14.69.","evidence_excerpt":"Net sales totaled $5.68 billion for the fiscal year ended September 24, 2022, compared with $4.99 billion for the fiscal year ended September 25, 2021. Excluding gasoline sales, comparable store sales increased 7.7% over the comparative fiscal year. Gross profit for the fiscal year ended September 24, 2022, totaled $1.42 billion, or 24.9% of sales. Gross profit for the fiscal year ended September 25, 2021, totaled $1.30 billion, or 26.1% of sales. Operating and administrative expenses totaled $1.0 billion for the fiscal year ended September 24, 2022, and $963.3 million for the fiscal year ended September 25, 2021. Interest expense was $21.5 million for the fiscal year ended September 24, 2022, compared with $24.3 million for the fiscal year ended September 25, 2021. Net income totaled $272.8 million for the fiscal year ended September 24, 2022, compared with $249.7 million for the fiscal year ended September 25, 2021. Basic and diluted earnings per share for Class A Common Stock were $","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/50493/000115752322001672/0001157523-22-001672-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fiscal year ended September 24, 2022"},{"label":"Revenue","value":"$5.68 billion"},{"label":"Net income","value":"$272.8 million"},{"label":"EPS","value":"$14.69"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}