Ingles Markets, Incorporated Reports Results for Fourth Quarter and Fiscal Year 2024
Ingles Markets, Incorporated - Class A (IMKTA)
US:NASDAQ Investor Relations:
ingles-markets.com/corporate/investor-relations
Company Research
Source: Business Wire
ASHEVILLE, N.C.--(BUSINESS WIRE)--Ingles Markets, Incorporated (NASDAQ: IMKTA) today reported results for the three and twelve months ended September 28, 2024.Robert P. Ingle II, Chairman of the Board, stated, “After Hurricane Helene impacted our communities, I am proud of how not only our associates came together, but our entire region. We are truly thankful for all the volunteers and the outpouring of support for our region.”Impact of Hurricane HeleneOn September 27, 2024, Hurricane Helene severely impacted western North Carolina, including the area where the Company’s headquarters are located, resulting in catastrophic flooding which caused power, communication and water outages, and major road closures. For the quarter and year ended September 28, 2024, the Company recognized an impairment loss of $30.4 million related to inventory damaged or destroyed by Hurricane Helene. Additionally, the Company also recognized a property and equipment impairment loss of $4.5 million for th
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News
- Ingles Markets, Incorporated (NASDAQ: IMKTA) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
- Ingles Markets, Incorporated Declares Quarterly Cash DividendBusiness Wire
- Ingles Markets Faces Nasdaq Filing Delay Due to Hurricane [Yahoo! Finance]Yahoo! Finance
- Ingles Markets, Incorporated Reports Receipt of Notice from Nasdaq Regarding Delayed Filing of Annual Report on Form 10-K [Yahoo! Finance]Yahoo! Finance
- Ingles Markets, Incorporated Reports Receipt of Notice from Nasdaq Regarding Delayed Filing of Annual Report on Form 10-KBusiness Wire
IMKTA
Sec Filings
- 12/27/24 - Form 10-K
- 12/27/24 - Form 8-K
- 12/26/24 - Form 8-K
- IMKTA's page on the SEC website