Highest-materiality recent filing
Ingles Q2 net income up 61% to $24.3M; diluted EPS $1.28 vs $0.80
Q2 net sales $1.31B, down 1.8% YoY; gross margin improved to 24.9% from 23.4%.
Ingles Markets Q1 net sales up 6.6% to $1.37B; net income rises to $28.1M
Net sales $1.37B (+6.6% YoY); gross profit margin expanded to 24.4% from 23.4%.
Ingles Markets Q4 net income $25.7M vs loss $1.5M; FY EPS $4.50 vs $5.68
Q4 net sales $1.37B, down from $1.40B YoY; gross margin expanded to 24.5% from 21.4%.
Ingles Markets Q3 net income falls 17% to $26.2M; sales down 2.9%
Q3 net sales $1.35B vs $1.39B a year ago; gross margin improved to 24.3% from 23.7%.
Ingles Q2 net income falls 53% to $15.1M; sales down 2.7% YoY
Net sales $1.33B, down 2.7% from $1.37B a year ago.
Ingles Markets Q1 net sales down 13% to $1.29B; EPS falls to $0.87 from $2.28
Net income $16.6M vs $43.4M YoY; diluted EPS $0.87 vs $2.28.
Ingles Markets Q4 net loss $1.5M; Hurricane Helene impairment $34.9M
Q4 net sales $1.40B (13 weeks) vs $1.58B (14 weeks) YoY; net loss $1.5M vs net income $52.6M.
Ingles Markets receives Nasdaq delisting notice for late 10-K filing due to Hurricane Helene
Received Nasdaq non-compliance notice on Dec 20 for failing to file FY2024 10-K by Nov 29 due date.
Ingles Markets estimates $35-55M impairment from Hurricane Helene; 4 stores closed
194 of 198 stores open; 4 closed due to flood damage, expected to reopen in 3-9 months.
Ingles Q3 net income falls 34% to $31.7M; sales down to $1.39B
Q3 net sales $1.39B (-2.8% YoY); net income $31.7M vs $48.3M.
Ingles Markets Q2 net income falls 21% to $31.9M; EPS $1.72 vs $2.18
Q2 sales $1.37B (-0.95% YoY); gross margin 23.5% vs 23.6%.
Ingles Markets Q1 net income falls 37% to $43.4M; diluted EPS $2.28 vs $3.65
Net sales $1.48B, down 0.8% YoY; gross margin narrowed to 23.6% from 24.9%.
Ingles Markets Q4 net income $52.6M ($2.77 EPS) vs $70.2M ($3.69); FY net income $210.8M vs $272.8M
Q4 net sales $1.58B (+9% YoY on 14 vs 13 weeks); gross margin 23.3% vs 25.1%.
Ingles Markets Q3 net income down 29% YoY to $48.3M; EPS $2.60 vs $3.65
Net sales $1.43B vs $1.46B YoY, down 2.1%; gross margin fell to 23.6% from 24.1%.
Ingles Q2 net income falls to $40.5M from $68.6M; EPS $2.18 vs $3.70
Q2 net sales $1.381B (+0.25% YoY); gross margin contracted to 23.6% from 25.3%.
Ingles Markets Q1 sales up 7.3% to $1.49B; net income $69.4M
Net income of $69.4M ($3.73 basic EPS Class A) vs $66.2M ($3.57) a year ago.
Ingles Markets Q4 net income $70.2M vs $71.7M; FY net income up to $272.8M
Q4 net sales $1.45B (+8.2% YoY); ex-gasoline comp store sales +5.2%.
Net sales $1.46B (+14% YoY); grocery comparable store sales excluding gasoline +5.7%.
Ingles Q2 sales up 16.3% to $1.38B, net income $68.6M, EPS $3.70
Net sales $1.38B (+16.3% YoY); net income $68.6M vs $52.2M.
Ingles Markets Q1 net sales up 16.9% to $1.39B; net income rises to $66.2M
Net sales $1.39B for Dec 2021 quarter, up 16.9% from $1.19B a year ago.
Ingles Markets Q4 sales up 11.6%, net income $71.7M; diluted EPS $3.78
Q4 net sales $1.34B (+11.6% YoY); net income $71.7M vs $57.9M; diluted EPS $3.78 vs $2.86.
Ingles Markets Q3 net sales $1.28B (+7.4%), EPS $3.88 vs $3.18; issues $350M 4% Senior Notes
Net sales $1.28B (+7.4% YoY); net income $72.0M vs $62.8M; diluted EPS Class A $3.79 vs $3.10.
On September 30, 2022, Mr. L. Keith Collins, a named executive officer of Ingles Markets, Incorporated, a North Carolina corporation (the “ Company ”), retired from his position as President of Milkco, Inc., a wholly owned subsidiary of the Company.
appointed Patricia E. Jackson, 57, as a director to fill the vacancy created by the previously reported retirement of Mr. Ronald B. Freeman.
appointed Patricia E. Jackson, who currently serves as the Company’s controller, to serve as the Company’s Chief Financial Officer (and principal accounting officer), effective February 23, 2022.
On December 27, 2021, Ronald B. Freeman, Vice President-Finance and Chief Financial Officer of Ingles Markets, Incorporated, a North Carolina corporation (the “Company”), delivered notice of his retirement, effective February 16, 2022.
Concurrently with his notice of retirement, Mr. Freeman notified the Company that he would not stand for reelection as a director at the Company’s next Annual Meeting of Stockholders, which is currently scheduled for February 15, 2022.
Max materiality 0.80 · Median 0.65 · Most common event earnings