Content about Ingles Markets

October 1, 2012

Ingles Markets announced that its board of directors has declared a cash dividend of 16.5 cents per share on all its class A common stock and 15 cents per share on all its class B common stock.

ASHEVILLE, N.C. — Ingles Markets announced that its board of directors has declared a quarterly cash dividend of 16.5 cents per share on all its class A common stock and 15 cents per share on all its class B common stock. This is an annual rate of 66 cents and 60 cents, respectively.

Both dividends are payable Oct. 25 to shareholders of record on Oct. 11.

July 30, 2012

Ingles Markets reported a 0.7% rise in third-quarter net sales to a total of $917.8 million.

ASHEVILLE, N.C. — Ingles Markets reported a 0.7% rise in third-quarter net sales to a total of $917.8 million.

For the period ended June 23, the retailer said third-quarter net income saw a 3.1% gain to $13.1 million, compared with the year-ago period. Ingles Markets also said that — excluding gasoline, where retail prices were approximately ten cents per gallon lower in the June 2012 quarter compared with the year-ago quarter — grocery segment comparable-store sales increased 2.1%.

June 25, 2012

The board of directors at Ingles Markets have declared cash dividends on all of its class A common stock and class B common stock.

ASHEVILLE, N.C. — The board of directors at Ingles Markets have declared cash dividends on all of its class A common stock and class B common stock.

A cash dividend of 16.5 cents was declared for the chain's class A common stock, while 15 cents per share was declared for its class B common stock. This is an annual rate of 66 cents and 60 cents per share, respectively.

Dividends on both the class A and class B common stock are payable July 19 to all shareholders of record on July 5.

April 30, 2012

Net sales for Ingles Markets experienced a spike during the second quarter and first half of fiscal year 2012, the retailer reported Monday.

ASHEVILLE, N.C. — Net sales for Ingles Markets experienced a spike during the second quarter and first half of fiscal year 2012, the retailer reported Monday.

For the second quarter ended March 24, Ingles Markets said net sales rose $11.3 million to $881.7 million, compared with the year-ago period, while net income dropped from $7.7 million in second quarter 2011 to $6.5 million in second quarter 2012. Excluding gasoline sales, comparable-store sales at Ingles Markets during the quarter decreased 0.1%, compared with the second quarter of the prior fiscal year.

March 26, 2012

Ingles Markets announced that its board of directors has declared a quarterly cash dividend for both its Class A and Class B common stock.

ASHEVILLE, N.C. — Ingles Markets announced that its board of directors has declared a quarterly cash dividend for both its Class A and Class B common stock.

The board declared a cash dividend of 16.5 cents per share on all of its Class A common stock and 15 cents per share on all of its Class B common stock. This is an annual rate of 66 cents and 60 cents per share, respectively, the company said.

The dividends are payable April 19 to all shareholders of record on April 5.

January 30, 2012

Net sales for Ingles Markets rose 5.2% to $918.2 million for the first quarter ended Dec. 24, the retailer announced.

ASHEVILLE, N.C. — Net sales for Ingles Markets rose 5.2% to $918.2 million for the first quarter ended Dec. 24, the retailer announced.

Comparable-store sales, excluding gasoline sales, rose 3.4%, compared with the year-ago period. Average transaction sizes and weekly customer visits also saw boosts, rising 1.3% and 2%, respectively.

December 5, 2011

Ingles Markets recorded key increases in its fourth-quarter and full-year results for fiscal year 2011, which ended Sept. 30, the retailer announced Monday.

ASHEVILLE, N.C. — Ingles Markets recorded key increases in its fourth-quarter and full-year results for fiscal year 2011, the retailer announced Monday.

For the fourth quarter ended Sept. 30, net sales increased 5.8% to $905.8 million, compared with the year-ago period, while comparable-store sales (excluding gasoline) rose 2.2%, compared with the fourth quarter of fiscal 2010.

September 26, 2011

The board of directors of Ingles Markets declared a quarterly cash dividend per share on all of its class A common stock and class B common stock.

ASHEVILLE, N.C. — The board of directors of Ingles Markets declared a quarterly cash dividend per share on all of its class A common stock and class B common stock.

Class A common stock was 16.5 cents, while class B common stock was 15 cents. This is an annual rate of 66 cents and 60 cents per share, respectively.

Dividends of both classes of stock are payable on Oct. 20 to shareholders of record on Oct. 6.

August 12, 2011

Regional supermarket chain Ingles Markets experienced a positive third quarter that included big boosts to its net sales and net income.

ASHEVILLE, N.C. — Regional supermarket chain Ingles Markets experienced a positive third quarter that included big boosts to its net sales and net income.

For the quarter ended June 25, Ingles saw a 6.4% spike in net sales to $911 million, thanks to higher same-store sales, an increase in stores in operation and growth in customer transactions and transaction amounts, the company said. Meanwhile, the retailer's net income also garnered a substantial gain of 11.2% to $12.7 million.

June 27, 2011

Ingles Markets' board of directors declared a cash dividend of 16.5 cents per share on all of its Class A common stock and 15 cents per share on all of its Class B common stock.

ASHEVILLE, N.C. — Ingles Markets' board of directors declared a cash dividend of 16.5 cents per share on all of its Class A common stock and 15 cents per share on all of its Class B common stock.

This is an annual rate of 66 cents and 60 cents per share, respectively.

Dividends on both the Class A and Class B common stock are payable July 21 to all shareholders of record on July 7.

April 29, 2011

Net sales and net income for Ingles Markets realized a 4% and 38% increase, respectively, during the second quarter ended March 26, the retailer announced Friday.

ASHEVILLE, N.C. — Net sales and net income for Ingles Markets realized a 4% and 38% increase, respectively, during the second quarter ended March 26, the retailer announced Friday.

Ingles reported that second-quarter net sales rose $33.4 million to $870.4 million, while second-quarter net income increased from $5.6 million to $7.7 million.

March 29, 2011

The board of directors at regional supermarket chain Ingles Markets declared a cash dividend of 16.5 cents per share of Class A common stock and 15 cents per share on all its Class B common stock.

ASHEVILLE, N.C. — The board of directors at regional supermarket chain Ingles Markets declared a cash dividend of 16.5 cents per share of Class A common stock and 15 cents per share on all its Class B common stock.

This is an annual rate of 66 cents and 60 cents per share, respectively. Dividends on both the Class A and Class B common stock are payable April 21, to all shareholders of record on April 7.

March 7, 2011

Robert Ingle, the founder and CEO of regional supermarket chain Ingles Markets, died March 6, the company announced Monday. He was 77.

ASHEVILLE, N.C. — Robert Ingle, the founder and CEO of regional supermarket chain Ingles Markets, died March 6, the company announced Monday. He was 77.

The company's board of directors said Ingle will be succeeded by his son, Robert Ingle II, who has been Ingles' chairman of the board since 2004.

Ingle, who founded the business in 1963, served as CEO since the company was incorporated in 1965, as well as president from 1965 until 1982.

Ingles Markets operates 203 supermarkets across six Southeastern states.

February 17, 2011

Bankrupt grocer A&P, which just revealed plans to shutter 32 stores in six states, has bolstered its merchandising and marketing team with the appointment of six new executives.

MONTVALE, N.J. — Bankrupt grocer A&P, which just revealed plans to shutter 32 stores in six states, has bolstered its merchandising and marketing team with the appointment of six new executives.

A&P filed for bankruptcy in December 2010 and is in the midst of a turnaround aimed at reducing structural operating costs and enhancing value for shoppers. On Feb. 15, the company announced it is seeking court approval to close 32 stores by the end of the company's fiscal first quarter.

The new executives are:

January 31, 2011

Off to a strong start for fiscal year 2011, Ingles Markets on Monday reported a 3.8% rise in net sales for its first quarter ended Dec. 25, 2010.

ASHEVILLE, N.C. — Off to a strong start for fiscal year 2011, Ingles Markets on Monday reported a 3.8% rise in net sales for its first quarter ended Dec. 25, 2010.

Net income totaled $7.7 million for the quarter, a 28.3% jump from the year-ago period.

Comparable-store sales, the retailer noted, increased 2.9%, both including and excluding gasoline sales.

December 1, 2010

A regional supermarket chain reported a 3.1% rise in its net sales for the fourth quarter.

ASHEVILLE, N.C. — A regional supermarket chain reported a 3.1% rise in its net sales for the fourth quarter.

Ingles Markets said its net sales rose to $856 million for the quarter ended Sept. 25, from $830.1 million in the same period last year. Basic and diluted earnings per share were 35 cents and 34 cents per share, respectively, compared with 23 cents and 22 cents per share last year.

Similarly, comparable-store sales, excluding gasoline, rose 1.8% in the fourth quarter for fiscal year 2010.

August 1, 2010

Ingles Markets' net sales rose 3.5% to $856.1 million for the three months ended June...