ASHEVILLE, N.C. — Ingles Markets said yesterday that sales and earnings increased for the second quarter and first half that ended March 31, while gross margins were slightly lower as the company sought to protect its market shares and keep prices low. Net income jumped 43.1% to $13.5 million for the quarter and 43.4% to $24.7 million for the half, while sales rose 12.3% to $681.2 million for the quarter and 11.1% to $1.4 billion for the half. Comparable-store sales, excluding gasoline, were ...

REGISTER TO VIEW THIS ARTICLE - Register for a Free Account

Why Register for FREE?

Salary Survey 2015

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 complimentary access to the SN salary survey data tables.

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.