BLACK MOUNTAIN, N.C. -- Ingles Markets here said net income rose 51.2% to $4.6 million in the third quarter ended June 25. eriod. Ingles did not release quarterly same-store sales results. Robert Ingle, chairman and chief executive officer, said this was the ninth consecutive quarter Ingles has reported increased sales and the seventh straight quarter of higher net income. "We attribute our success to the continuation of the lower-price strategy on dry grocery goods that we commenced ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Why Register for FREE?
Registering for content on Supermarket News will give you INSTANT access to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’s FREE, easy and quick. What are you waiting for! In addition you will also receive a complimentary copy of SN's salary survey sent to you by email.
Attention Paid Print Subscribers: While you have already been granted free access to SN we ask that you register now. We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.