Ingles Markets, Incorporated (IMKTA) news stock charts
Ingles Markets, Incorporated (IMKTA) Investment Summary:
Ingles Markets, Incorporated (“Ingles” or the “Company”), a leading supermarket chain in the Southeast United States, operates 197 supermarkets in Georgia (73), North Carolina (65), South Carolina (36), Tennessee (20), Virginia (2) and Alabama (1). The Company’s strategy is to locate its supermarkets primarily in suburban areas, small towns and rural communities. The Company believes that it was the first supermarket in many of its target communities and was therefore able to secure favorable locations and a loyal customer base. The Company remodels, expands and relocates stores in these communities and builds stores in new locations to retain and grow its customer base with an enhanced “one stop” product offering while retaining a high level of customer service and convenience. Ingles supermarkets offer customers a wide variety of nationally advertised food products, including grocery, meat and dairy products, produce, frozen foods and other perishables. ... More..."http://secfilings.nasdaq.com/edgar_conv_html%2f2007%2f11%2f28%2f0001193125-07-254993.html#FIS_BUSINESS"INGLES MARKETS INC -CL A (IMKTA:NASDAQ)
Snapshot of INGLES MARKETS INC -CL A (IMKTA)
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OPEN
$15.11
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PREVIOUS CLOSE
$15.13
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DAY HIGH
$15.23
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DAY LOW
$14.75
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52 WEEK HIGH
07/30/09 - $17.59
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52 WEEK LOW
02/11/10 - $13.01
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MARKET CAP
366.2M
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AVERAGE VOLUME 10 D
37.4K
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EPS TTM
$1.25
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SHARES OUTSTANDING
12.9M
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EX-DATE
01/5/10
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P/E TTM
12.0x
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DIVIDEND
$0.66
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DIVIDEND YIELD
4.42%
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| K = Thousands M = Millions B = Billions | ||
Key developments for INGLES MARKETS INC -CL A (IMKTA)
Ingles Markets Inc. reported unaudited consolidated earnings results for the first quarter ended December 26, 2009. Net sales totaled $841.0 million for the quarter ended December 26, 2009 compared with $804.9 million for the comparable quarter ended December 2008. Comparable store sales increased $26.5 million, or 3.4%. Excluding gasoline sales, comparable store sales increased $5.6 million, or 0.8%. Net income for the December 2009 quarter totaled $6.0 million compared with net income of $11.1 million for the December 2008 quarter. Basic and diluted earnings per share for the Company's publicly traded Class A common stock were $0.26 and $0.25 per share, respectively, for the December 2009 quarter compared with $0.47 and $0.45 per share, respectively, for the December 2008 quarter. Income from operations was $24.7 million against $29.9 million a year ago. Basic and diluted earnings per common share Class B was $0.23 against $0.43 a year ago. Capital expenditures totaled $17.7 million for the first quarter of fiscal year 2010.
Ingles Markets Inc., Q1 2010 Earnings Call, Jan 29 2010
Ingles Markets Inc. announced that its Board of Directors has declared a cash dividend of $0.165 per share on all its Class A Common Stock and $0.15 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 January 21, 2010, to all shareholders of record on January 7, 2010.
Ingles Markets, Incorporated financial resources
IMKTA Competitors
| Company | Last | Change |
| Core-Mark Holding Co Inc | $32.88 USD | 0.00 |
| Nash Finch Co | $34.19 USD | +0.46 |
| Spartan Stores Inc | $14.60 USD | +0.01 |
| United Natural Foods Inc | $28.61 USD | +0.36 |
| Weis Markets Inc | $35.94 USD | -0.29 |
| Market data is delayed at least 15 minutes. | ||
Industry Analysis
| Valuation | IMKTA | Industry Range |
| Price/Earnings | 15.4x |
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| Price/Sales | 0.1x |
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| Price/Book | 0.9x |
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| Price/Cash Flow | 15.4x |
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| TEV/Sales | NM | Not Meaningful |
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IMKTA |
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IMKTA transactions
| Type Date |
Target |
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Buyback
March 9, 2010 |
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More Recent Financial News About Ingles Markets, Incorporated
Ingles Markets, Incorporated Board Authorizes One Million Share Repurchase Program
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Ingles Markets, Incorporated Board Authorizes One Million Share Repurchase Program
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INGLES MARKETS INC Files SEC form 8-K, Other Events, Financial Statements and Exhibits
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Ingles Markets, Incorporated Reports Increased Sales for First Quarter 2010
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Ingles Markets, Incorporated First Quarter Conference Call on the Internet
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Ingles Markets, Incorporated Reports Increased Sales for First Quarter 2010
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Q1 2010 Ingles Markets, Incorporated Earnings Release - Time Not Supplied
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INGLES MARKETS INC Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Exhibi
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Ingles Markets Inc F1Q10 (Qtr End 12/26/09) Earnings Call Transcript
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Ingles Markets, Incorporated First Quarter Conference Call on the Internet
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Ingles Markets, Incorporated Reports 45th Year of Record Sales, Plus Fourth Quarter and Fiscal Year 2009 Results
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Ingles Markets, Incorporated Fourth Quarter Conference Call on the Internet
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Ingles Markets, Incorporated First Quarter Conference Call on the Internet
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Ingles Markets, Incorporated First Quarter Conference Call on the Internet
Read article
Ingles Markets, Incorporated Fourth Quarter Conference Call on the Internet
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Ingles Markets, Incorporated Reports 45th Year of Record Sales, Plus Fourth Quarter and Fiscal Year 2009 Results
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Ingles Markets, Incorporated F4Q09 (Qtr End 09/26/09) Earnings Call Transcript
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