ASHEVILLE, N.C. — The holiday season produced robust sales ad profit increases for Ingles Markets here, the company said Wednesday. Net income for the fiscal first quarter ended Dec. 27 increased 13.7% form the same period a year ago, to $12.7 million, Ingles said. Sales increased 13.3% to $777.1 million, while comparable-store sales climbed 12.8%, including gasoline, and 8.4% excluding gasoline. In a conference call discussing quarterly results, Ingles officials noted the sales boost came ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
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.