Ingles Markets Q4 net income $52.6M ($2.77 EPS) vs $70.2M ($3.69); FY net income $210.8M vs $272.8M

INGLES MARKETS INC

Q4 net sales $1.58B (+9% YoY on 14 vs 13 weeks); gross margin 23.3% vs 25.1%.
Q4 net income $52.6M ($2.77 diluted Class A EPS) down from $70.2M ($3.69).
FY2023 net sales $5.89B (+4% on 53-week yr); net income $210.8M ($11.10 diluted EPS) vs $272.8M ($14.36).
Total debt reduced to $550.2M from $571.9M; full $150M line of credit available.
Capital expenditures $173.6M vs $119.6M; company expects sufficient liquidity.

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 1.0

INGLES MARKETS INC reported the three months ended September 30, 2023 results: revenue $1.58 billion, net income $52.6 million, EPS $2.83 and $2.77, respectively, for the quarter ended September 30, 2023.

Period: the three months ended September 30, 2023
Revenue: $1.58 billion
Net income: $52.6 million
EPS: $2.83 and $2.77, respectively, for the quarter ended September 30, 2023
Result: reported results

Exact text from the filing

Net sales totaled $1.58 billion for the quarter ended September 30, 2023

View on SEC.gov

Earnings Releases SEC 8-K Item 2.02 confidence 1.0

INGLES MARKETS INC reported the twelve months ended September 30, 2023 results: revenue $5.89 billion, net income $210.8 million, EPS $11.35 and $11.10, respectively, for the fiscal year ended September 30, 2023.

Period: the twelve months ended September 30, 2023
Revenue: $5.89 billion
Net income: $210.8 million
EPS: $11.35 and $11.10, respectively, for the fiscal year ended September 30, 2023
Result: reported results

Exact text from the filing

Net sales totaled $5.89 billion for the fiscal year ended September 30, 2023

View on SEC.gov

Browse all earnings releases →

INGLES MARKETS INC filing history →

Source: SEC EDGAR

accession 0001157523-23-001781

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.