Ingles Markets, Incorporated Reports Results for Second Quarter and First Six Months of Fiscal 2024
Ingles Markets, Incorporated - Class A (IMKTA)
US:NASDAQ Investor Relations:
ingles-markets.com/corporate/investor-relations
Company Research
Source: Business Wire
ASHEVILLE, N.C.--(BUSINESS WIRE)--Ingles Markets, Incorporated (NASDAQ: IMKTA) today reported sales for the three and six months ended March 30, 2024.Robert P. Ingle II, Chairman of the Board, stated, “We are pleased with our results and thank all our associates for their continued service to our customers and company.”Second Quarter 2024 ResultsNet sales totaled $1.37 billion for the quarter ended March 30, 2024, a decrease of 0.95% compared with $1.38 billion for the quarter ended March 25, 2023.Gross profit for the second quarter of fiscal 2024 totaled $321.9 million, or 23.5% of sales. Gross profit for the second quarter of fiscal 2023 was $325.9 million, or 23.6% of sales.Operating and administrative expenses for the second quarter of fiscal 2024 totaled $284.8 million, as compared with $268.9 million for the second quarter of fiscal 2023.Interest expense totaled $5.6 million for the second quarter of fiscal 2024, as compared with $5.3 million for the second quarter of fiscal
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IMKTA
Analyst Actions
- 2/27/24 - TheStreet
IMKTA
Sec Filings
- 5/9/24 - Form 10-Q
- 5/9/24 - Form 8-K
- 3/29/24 - Form 4
- IMKTA's page on the SEC website