BLACK MOUNTAIN, N.C. -- Ingles Markets here said sales for the 13-week first quarter ended Dec. 27 increased 5.7% to $403 million. Same-store sales increased 0.12%. d. Net income for the period declined 44% to $2.8 million, or 13 cents per share, compared with $5.0 million, or 24 cents per share, in the year-ago quarter. Although Ingles has entered into an agreement with Birmingham, Ala.-based Bruno's to acquire 13 Georgia units from that chain, those plans were put on hold this month ...
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.