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Ingles Markets Inc (IMKTA) Reports Mixed First Quarter Fiscal 2024 Results

Net Income Declines as Sales Dip Slightly; Gross Profit Margin Narrows

United statesPatriciae jacksonIngles markets incIngles marketsCommon stockMarkets incChief financial officerCapital expenditures

Ingles Markets sees Q1 sales dip

Net sales totaled $1.48 billion for Q1, a decrease of 0.8% compared with the previous quarter

North carolinaUnited statesRobertp ingleIngles marketsCommon stock

Ingles: Fiscal Q1 Earnings Snapshot

Ingles: Fiscal Q1 Earnings Snapshot
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Ingles markets incIngles marketsNorth carolina based

Ingles Markets, Incorporated Reports Results for First Quarter Fiscal 2024

Ingles Markets, Incorporated Reports Results for First Quarter Fiscal 2024
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North carolinaUnited statesPatriciae jacksonRobertp ingleIngles markets incorporatedIngles markets incExchange commissionIngles marketsCommon stockPrivate securities litigation reform actConsolidated statementsConsolidated balance sheetsChief financial officer

Ingles Sees Net Sales, Income Decline in Q1

Regional grocer’s expenses were higher, but it narrowed its debt

United statesRobertp ingleIngles markets incIngles marketsCommon stockBoard robertProgressive grocerFinancial resultsFiscal 2024Pet salesNet incomeGross profitsArnings per shareCapital expendituresEgional grocer

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