ASHEVILLE, N.C. — Ingles Markets here on Monday said its fourth-quarter comparable-store sales rose about 1.3%, adjusted for the extra week in the preceding year and excluding gasoline. Net income for the recent 13-week quarter, which ended Sept. 28, rose 17.2%, to $15.6 million, vs. the 14-week quarter of a year ago. Sales for the quarter were $948.9 million, vs. $993.9 million in the year-ago quarter, including the extra week. “We've had a traffic increase but a pretty flat ...
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.
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.