ASHEVILLE, N.C. -- Ingles Markets here said sales increased 7% during its fiscal second quarter, but gross profits were under pressure due to increased promotions and rising gasoline prices. Ingles, which operates 195 stores in six Southeastern states, said sales totaled $557 million during the three months ended March 26, and comparable-store sales grew by 6.3%. Ingles said a portion of the increase was due to the shift of the Easter holiday to the second quarter this year. Without ...

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.
 

Click here to read the FAQ page if you have any questions (opens in a new window)
 

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.

Already registered? here.