---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-25-015235"
form_type: "8-K"
ticker: "IMKTA"
cik: "0000050493"
company_name: "INGLES MARKETS INC"
filed_at: "2025-05-08T23:59:59+00:00"
generated_at: "2026-05-22T05:57:12.061115+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Ingles Q2 net income falls 53% to $15.1M; sales down 2.7% YoY

## Summary
- Net sales $1.33B, down 2.7% from $1.37B a year ago.
- Net income $15.1M ($0.81 diluted EPS) vs $31.9M ($1.68) in Q2 2024.
- Gross margin 23.4% vs 23.5%; operating expenses rose to $289.1M.
- Total debt reduced to $521.6M from $539.1M; interest expense down to $4.9M.
- First-half net income $31.7M ($1.67 diluted) vs $75.3M ($3.96) prior year.

## SEC filing metadata
- accession: 0001437749-25-015235
- form_type: 8-K
- ticker: IMKTA
- cik: 0000050493
- company_name: INGLES MARKETS INC
- filed_at: 2025-05-08T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/50493/000143774925015235/0001437749-25-015235-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/50493/000143774925015235/imkta20250507_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-25-015235
- JSON: https://secwatch.observer/filing/0001437749-25-015235.json
- Plain text: https://secwatch.observer/filing/0001437749-25-015235.txt

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