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Ingles: Fiscal 3Q Earnings Snapshot

Ingles: Fiscal 3Q Earnings Snapshot

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Thursday, August 9, 2018

ASHEVILLE, N.C. (AP) _ Ingles Markets Inc. (IMKTA) on Thursday reported fiscal third-quarter profit of $24.5 million.

The Asheville, North Carolina-based company said it had net income of $1.21 per share. Earnings, adjusted for pretax gains, came to 91 cents per share.

The grocer posted revenue of $1.03 billion in the period.

Ingles shares have fallen 13 percent since the beginning of the year. In the final minutes of trading on Thursday, shares hit $29.95, a rise of 13 percent in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on IMKTA at https://www.zacks.com/ap/IMKTA

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