Ingles Markets on Monday said comparable-store sales decreased during the fiscal first quarter despite an increase in price investment that hurt profits. “It was a very competitive holiday quarter with higher promotions and tighter margins in our market area,” CFO Ronald Freeman said in a conference call discussing results for the period, which ended Dec. 28. CONNECT WITH SN ON TWITTER Follow @SN_News for updates throughout the day. Total quarterly sales of $945.1 ...
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