ASHEVILLE, N.C. — Ingles Markets here on Monday said sales and earnings increased despite a “very competitive” holiday season. Sales for Ingles’ fiscal first quarter, which ended Dec. 29, totaled $932.8 million, a 1.6% increase from the same period last year. Excluding gasoline, comparable-store sales improved by 1.5%, reflecting an increase in shopping trips and a stable average basket size. Net earnings totaled $11.6 million, a 9.4% increase, helped by higher ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Registering for content on Supermarket News will give youINSTANTaccess 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’sFREE, easy and quick. What are you waiting for!In addition you will also receive complimentary access to the SN salary survey data tables.
Attention Paid Print Subscribers: While you have already been grantedfreeaccess to SNwe ask that youregister now.We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.