---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-25-002938"
form_type: "8-K"
ticker: "IMKTA"
cik: "0000050493"
company_name: "INGLES MARKETS INC"
filed_at: "2025-02-06T23:59:59+00:00"
generated_at: "2026-05-27T02:00:07.430691+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Ingles Markets Q1 net sales down 13% to $1.29B; EPS falls to $0.87 from $2.28

## Summary
- Net income $16.6M vs $43.4M YoY; diluted EPS $0.87 vs $2.28.
- Gross profit margin 23.4% vs 23.6%; operating expenses fell to $280.7M.
- Hurricane Helene caused $55-65M lost revenue in 3 weeks; $5.4M cleanup costs.
- Three stores remain closed from storm damage, expected to reopen in 2025.
- Capital expenditures $37.8M vs $63.2M YoY; no borrowings on $150M line.

## SEC filing metadata
- accession: 0001437749-25-002938
- form_type: 8-K
- ticker: IMKTA
- cik: 0000050493
- company_name: INGLES MARKETS INC
- filed_at: 2025-02-06T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/50493/000143774925002938/0001437749-25-002938-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/50493/000143774925002938/imkta20250205_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-25-002938
- JSON: https://secwatch.observer/filing/0001437749-25-002938.json
- Plain text: https://secwatch.observer/filing/0001437749-25-002938.txt

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