---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-032481"
form_type: "8-K"
ticker: "IMKTA"
cik: "0000050493"
company_name: "INGLES MARKETS INC"
filed_at: "2024-10-29T23:59:59+00:00"
generated_at: "2026-05-30T09:28:20.133530+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Ingles Markets estimates $35-55M impairment from Hurricane Helene; 4 stores closed

## Summary
- 194 of 198 stores open; 4 closed due to flood damage, expected to reopen in 3-9 months.
- Estimated pre-insurance impairment charge of $35-55M for lost inventory and property.
- Expects $10-15M insurance recovery, reducing net impairment charge.
- Distribution center is fully operational after Hurricane Helene disruption.
- Impairment to be recorded in fiscal year ended September 28, 2024.

## SEC filing metadata
- accession: 0001437749-24-032481
- form_type: 8-K
- ticker: IMKTA
- cik: 0000050493
- company_name: INGLES MARKETS INC
- filed_at: 2024-10-29T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 2.06, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/50493/000143774924032481/0001437749-24-032481-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/50493/000143774924032481/imkta20241029_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-032481
- JSON: https://secwatch.observer/filing/0001437749-24-032481.json
- Plain text: https://secwatch.observer/filing/0001437749-24-032481.txt

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