Ingles Markets

IMKTA · NASDAQ

$84.62−$0.27 (−0.32%)TodayMarket closed ·
Prev close $84.89

About IMKTA

Ingles Markets, Inc. engages in the operation of a supermarket chain in Georgia, North Carolina, Tennessee, Virginia, and Alabama. The Company, in conjunction with its supermarket operations, operates neighborhood shopping centers, most of which contain an Ingles supermarket. The company owns a fluid dairy facility that supplies its supermarkets and unaffiliated customers. Its supermarkets offer customers a variety of nationally advertised food products, including grocery, meat and dairy products, produce, frozen foods and other perishables and non-food products. Its non-food products include fuel centers, pharmacies, health/beauty/cosmetic products and general merchandise, and quality private label items. The company focuses on selling products to its customers through the development of certified organic products, bakery departments and prepared foods, including delicatessen sections. The company operates a total of approximately 194 supermarkets in North Carolina (72), Georgia (64), South Carolina (35), Tennessee (21), Virginia (one) and Alabama (one).

Employees
25,551
Headquarters
Asheville, North Carolina
Listed
Sep 22, 1987
Sector
Consumer Staples
Industry
Consumer Staples Distribution & Retail

Leadership

Ingles Markets executives
NameTitleSince
Robert Ingle—1965
James Lanning—2003
Patricia Jackson—2010
Michael Hogan——
Laura Sharp——
Fred Ayers——
L. Keith Collins—2011
Ernest Ferguson——
Brenda Tudor—1988

Revenue by product and region

Fiscal year ended Sep 29, 2018: $4.09B total revenue

By product

  • Retail [Member]$3.97B97.0%
  • Grocery member$1.41B34.5%
  • Perishables member.$1.08B26.4%
  • Non-foods member.$874.68M21.4%
  • Gasoline member.$604.90M14.8%
  • Other Segment [Member]$121.45M3.0%

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