Ingles Markets

1 month ago · businesswire.com

ASHEVILLE, N.C.--(BUSINESS WIRE)---- $IMKTA--Ingles Markets, Incorporated (NASDAQ: IMKTA) today announced that its Board of Directors has declared a cash dividend of $0.165 (sixteen and one-half cents) per share on all its Class A Common Stock and $0.15 (fifteen cents) per share on all its Class B Common Stock. This is an annual rate of $0.66 and $0.60 per share, respectively. Dividends on both the Class A and Class B Common Stock are payable October 15, 2026, to all shareholders of record on October 8, 2.

1 month ago · seekingalpha.com

Ingles Markets remains a 'strong buy' despite recent share underperformance and profitability headwinds. IMKTA trades at a deep discount on absolute and relative valuation metrics, with a forward price-to-sales of 0.29 and price-to-book of 0.93. The company boasts a robust balance sheet, with net leverage at just 0.17 and net debt of only $48 million.

3 months ago · businesswire.com

ASHEVILLE, N.C.--(BUSINESS WIRE)---- $IMKTA--Ingles Markets, Incorporated (NASDAQ: IMKTA) today reported results for the three and nine months ended June 27, 2026. Robert P. Ingle II, Chairman of the Board, stated, “We are pleased with our results and thank our associates for their continued focus on our customers' experience as we strive to provide value, selection and quality offerings.” Third Quarter Results Net sales totaled $1.37 billion for the quarter ended June 27, 2026, compared with $1.35 billio.

6 months ago · businesswire.com

ASHEVILLE, N.C.--(BUSINESS WIRE)---- $IMKTA--Ingles Markets, Incorporated (NASDAQ: IMKTA) today reported its financial results for the three and six months ended March 28, 2026. Robert P. Ingle II, Chairman of the Board, stated, “We are pleased to announce our financial results that are made possible by our associates' commitment and dedication to our customers and communities in which we serve.” Second Quarter 2026 Results Net sales totaled $1.31 billion for the quarter ended March 28, 2026, a decrease o.

6 months ago · businesswire.com

ASHEVILLE, N.C.--(BUSINESS WIRE)--Ingles Markets, Incorporated (NASDAQ: IMKTA) (“Ingles” or the “Company”) announced that based on preliminary voting results from the 2026 Annual Meeting of Shareholders held today, Dwight Jacobs and Rory Held have been elected as Class A directors; Fred D. Ayers, Robert P. Ingle, II, Patricia E. Jackson, James W. Lanning, Laura Ingle Sharp and Brenda S. Tudor have been elected as Class B directors; and shareholders approved, on an advisory basis, the compensati.

6 months ago · businesswire.com

WEST PALM BEACH, Fla.--(BUSINESS WIRE)--Summer Road LLC (“Summer Road” or “we”), the beneficial owner of approximately 3% of the outstanding shares of Class A common stock of Ingles Markets, Incorporated (NASDAQ: IMKTA) (“Ingles” or the “Company”), today commented on the outcome of the Company's 2026 Annual Meeting of Shareholders. Based on preliminary voting results, Summer Road nominee Rory A. Held was elected to Ingles' Board of Directors (the “Board”) with resounding support from approximat.

6 months ago · businesswire.com

ASHEVILLE, N.C.--(BUSINESS WIRE)--Ingles Markets, Incorporated (NASDAQ: IMKTA) (“Ingles” or the “Company”) today reminded shareholders to vote ahead of the 2026 Annual Meeting of Shareholders, which will be held on April 30, 2026 at 10:00 a.m. Eastern Time. The Ingles Board of Directors recommends that all Ingles shareholders vote “FOR” ONLY Ingles' two highly qualified, independent director nominees – Rebekah Lowe and Dwight Jacobs – on the WHITE proxy card. The Ingles Board of Directors issue.

6 months ago · businesswire.com

WEST PALM BEACH, Fla.--(BUSINESS WIRE)--Summer Road LLC (“Summer Road” or “we”), the beneficial owner of approximately 3% of the outstanding shares of Class A common stock of Ingles Markets, Incorporated (NASDAQ: IMKTA) (“Ingles” or the “Company”), today issued the following open letter to shareholders seeking their support for the election of Rory A. Held to Ingles' Board of Directors (the “Board”) at the 2026 Annual Meeting of Shareholders. *** Fellow Shareholders, We greatly appreciate the d.

7 months ago · businesswire.com

ASHEVILLE, N.C.--(BUSINESS WIRE)--Ingles Markets, Incorporated (NASDAQ: IMKTA) today issued the following open letter to shareholders: Dear Ingles Shareholders, If you have been following the events of the last few weeks, you know that we at Ingles Markets have been working hard to elect our two qualified director nominees – Rebekah Lowe and Dwight Jacobs – and to assure that the Sacklers' nominee Rory Held does not have the opportunity to damage our company. Over the past two weeks, we have re.

7 months ago · businesswire.com

WEST PALM BEACH, Fla.--(BUSINESS WIRE)--Summer Road LLC (“Summer Road” or “we”), the beneficial owner of approximately 3% of the outstanding shares of Class A common stock of Ingles Markets, Incorporated (NASDAQ: IMKTA) (“Ingles” or the “Company”), today announced that all three independent proxy advisory firms, Institutional Shareholder Services Inc. (“ISS”), Glass, Lewis & Co., LLC (“Glass Lewis”) and Egan-Jones Ratings Company (“Egan-Jones”), have recommended shareholders vote for the el.