earnings
confidence high
sentiment neutral
materiality 0.55
Ingles Markets Q3 net income $25.9M ($1.39 Class A EPS); YTD net income up 35%
INGLES MARKETS INC
- Q3 net sales $1.37B, up 1.5% YoY from $1.35B; gross margin flat at 24.3%.
- Q3 net income $25.9M vs $26.2M YoY; Class A diluted EPS $1.36 vs $1.38.
- Nine-month net income $78.3M, up 35% from $57.9M; gross margin improved to 24.5% from 23.7%.
- Total debt $500.5M, down from $518.0M a year ago; no borrowings on $150M credit line.
- FY 2026 capex guidance $120M-$130M; YTD capex $76.4M vs $91.4M prior year.