IMKTA
Ingles Markets, Incorporated71.31
-0.25-0.35%
Dec 16, 4:00:00 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
No earnings call transcript available
Key Stats
Market Cap
1.35BP/E (TTM)
16.21Basic EPS (TTM)
4.40Dividend Yield
0.01%Recent Filings
10-Q
Q1 FY2026 results
Ingles Markets posted Q1 FY2026 net sales of $1.37B, up 6.6% y/y from $1.29B, with gross profit climbing 11.1% to $334.6M at 24.4% margin versus 23.4%; operating income rose to $39.1M from $23.6M while op-ad expenses edged to 21.5% of sales. Diluted Class A EPS hit $1.48 from $0.87, confirmed via two-class method with 18.99M shares. Cash from operations reached $38.4M; free cash flow $2.1M (derived). Debt fell to $511.5M including $350M notes due 2031, with $150M line undrawn. Solid topline momentum beat Helene-disrupted prior year. Cash stays king.
8-K
Q1 sales up 6.6%, EPS doubles
Ingles Markets posted Q1 fiscal 2026 net sales of $1.37B, up 6.6% from $1.29B last year, with gross profit margins expanding to 24.4% from 23.4%. Net income surged to $28.1M, or $1.51 basic Class A EPS, versus $16.6M and $0.89 prior year. Debt dipped to $511.5M. Three Hurricane Helene-damaged stores remain closed but should reopen in 2026-2027.
8-K
Q4 profit rebounds post-Helene
Ingles Markets reported Q4 net sales of $1.37B, down from $1.40B, but swung to $25.7M net income from a $1.5M loss—thanks to prior-year Hurricane Helene impairments of $30.4M inventory and $4.5M property. Gross margins jumped to 24.5% from 21.4%. Debt fell to $514.8M. Three stores remain shuttered into 2026-2027.
10-K
FY2025 results
Ingles Markets posted FY2025 revenue of $5.33B, down 5.4% y/y from $5.64B, with net income sliding to $83.6M from $105.5M amid Hurricane Helene's drag—$9.0M cleanup costs partly offset by $6.2M insurance, plus $55-65M lost sales from closures and disruptions. Retail grocery sales fell to $5.13B, grocery down 2.5%, non-foods 8.3%, perishables 2.5%, fuel plunging 14.2% on 5.4% fewer gallons and 9.4% lower prices; comparable store sales (ex-fuel) dropped 1.7% on 4.2% fewer transactions. Gross margin lifted to 23.9% from 23.0%, operating expenses edged down 0.3% to 21.7% of sales despite storm hits, while op income shrank to $117.6M. Debt dipped to $515M, cash flow from ops $154M funded $115M capex; steady $0.66/$0.60 dividends paid. Q4 steadied post-storm chaos. Regional hurricanes threaten ops.
8-K
Board appoints Collins post-resignation
Ingles Markets' board accepted John R. Lowden's resignation effective November 21, 2025, accelerating his planned December 31 exit, and appointed L. Keith Collins to fill the vacancy until the 2026 annual meeting. Collins, a Milkco veteran with 42 years in dairy operations, is independent per SEC and Nasdaq rules. No special arrangements. Smooth transition bolsters continuity.
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