---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-025276"
form_type: "8-K"
ticker: "IMKTA"
cik: "0000050493"
company_name: "INGLES MARKETS INC"
filed_at: "2024-08-08T23:59:59+00:00"
generated_at: "2026-05-31T11:24:06.566716+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Ingles Q3 net income falls 34% to $31.7M; sales down to $1.39B

## Summary
- Q3 net sales $1.39B (-2.8% YoY); net income $31.7M vs $48.3M.
- Diluted EPS Class A $1.67 vs $2.54; gross margin 23.7% vs 23.6%.
- Nine-month net income $107.0M vs $158.2M; diluted EPS $5.63 vs $8.33.
- Operating expenses rose to $286.3M from $270.9M; interest flat at $5.4M.
- Capex YTD $143M; FY24 capex guidance $170M-$190M; no revolver borrowings.

## SEC filing metadata
- accession: 0001437749-24-025276
- form_type: 8-K
- ticker: IMKTA
- cik: 0000050493
- company_name: INGLES MARKETS INC
- filed_at: 2024-08-08T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/50493/000143774924025276/0001437749-24-025276-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/50493/000143774924025276/imkta20240807_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-025276
- JSON: https://secwatch.observer/filing/0001437749-24-025276.json
- Plain text: https://secwatch.observer/filing/0001437749-24-025276.txt

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