Ingles Markets Stock (NASDAQ:IMKTA)


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$71.88

52W Range

$67.10 - $89.59

50D Avg

$73.80

200D Avg

$76.42

Market Cap

$1.37B

Avg Vol (3M)

$88.37K

Beta

0.70

Div Yield

$0.66 (0.90%)

IMKTA Company Profile


Ingles Markets, Incorporated operates a chain of supermarkets in the southeast United States. It offers food products, including grocery, meat and dairy products, produce, frozen foods, and other perishables; and non-food products, which include fuel centers, pharmacies, health and beauty care products, and general merchandise, as well as private label items. The company also owns and operates a milk processing and packaging plant that supplies organic milk, fruit juices, and bottled water products to other retailers, food service distributors, and grocery warehouses. In addition, it provides home meal replacement items, delicatessens, bakeries, floral departments, and greeting cards, as well as broad selections of local organic, beverage, and health-related items. As of September 25, 2021, the company operated 189 supermarkets under the brand name Ingles, and nine supermarkets under the brand name Sav-Mor in western North Carolina, western South Carolina, northern Georgia, eastern Tennessee, southwestern Virginia, and northeastern Alabama, as well as 111 pharmacies and 107 fuel stations. Ingles Markets, Incorporated was founded in 1963 and is headquartered in Asheville, North Carolina.

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Industry

Grocery Stores

Sector

Consumer Defensive

Exchange

NASDAQ

ADR

-

Country

US

Employees

11,625

IPO Date

Sep 22, 1987

Website

IMKTA Performance


Revenue Breakdown


Revenue Breakdown by Product/Service

Product/ServiceSep 23Sep 22Sep 21
Gasoline$792.52M$885.80M$583.75M
Retail Segment$5.66B$5.48B$4.83B
Perishables$1.48B$1.45B$1.35B
Other Segment$228.85M$203.13M$155.97M
Non Foods$1.33B$1.20B$1.14B
Grocery$2.06B$1.94B$1.76B

Fiscal year ends in Sep 23 | Currency in USD

IMKTA Financial Summary


Sep 23Sep 22Sep 21
Revenue$5.89B$5.68B$4.99B
Operating Income$292.30M$263.62M$225.97M
Net Income$210.81M$272.76M$249.73M
EBITDA$300.57M$381.42M$343.07M
Basic EPS$11.35$14.69$13.06
Diluted EPS$11.10$14.36$12.73

Fiscal year ends in Sep 23 | Currency in USD

Latest Earnings Call Transcripts


Q2 16May 09, 16 | 11:49 AM
Q1 16Feb 08, 16 | 10:12 AM
Q4 15Dec 10, 15 | 10:39 AM

Peer Comparison


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WMKWeis Markets, Inc.
KRThe Kroger Co.
NGVCNatural Grocers by Vitamin Cottage, Inc.
ACIAlbertsons Companies, Inc.
VLGEAVillage Super Market, Inc.
GOGrocery Outlet Holding Corp.
ASAISendas Distribuidora S.A.