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Stock impact report

Ingles Markets, Incorporated Reports Update on the Impact of Hurricane Helene

Ingles Markets, Incorporated - Class A (IMKTA) 
Company Research Source: Business Wire
ASHEVILLE, N.C.--(BUSINESS WIRE)--Ingles Markets, Incorporated (NASDAQ: IMKTA) today announced that Hurricane Helene has impacted both stores and distribution center operations. Our hearts are heavy for those in our communities who lost lives, loved ones, homes and access to basic necessities. Hurricane Helene brought with it unprecedented flooding and property damage, together with continuing power and water outages, which have impacted our footprint of operations.Currently, of our 198 stores, 186 stores are open for business, but a lack of internet access and other connectivity has limited transactions in many locations. Of the locations that remain closed, we expect all will reopen upon restoration of power to their respective areas, but we do not have a timeline for power restoration.About Ingles Markets, IncorporatedIngles Markets, Incorporated is a leading grocer with operations in six southeastern states. Headquartered in Asheville, North Carolina, the Company operates 198 Show less Read more
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