Ingles Markets, Incorporated (NASDAQ (GM): IMKTA)

2913 US Hwy. 70 West
Black Mountain, NC 28711-9103 (Map)
Phone: 828-669-2941
Fax: 828-669-3678
http://www.ingles-markets.com

Overview

The Ingalls family could have used an Ingles market near its little house on the prairie. Ingles Markets operates about 200 supermarkets, primarily in suburbs, small towns, and rural areas of six southeastern states. The stores largely operate under the Ingles name; about six operate as Sav-Mor. In addition to brand-name products, Ingles has Laura Lynn and Ingles Best private labels. It owns a milk, fruit juice, and bottled water plant that supplies about 80% of its milk and sells the excess to other retailers and distributors. It also owns more than 70 shopping centers, more than three-quarters of which contain an Ingles store. Descended from a long line of grocers, CEO Robert Ingle controls the company.

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Key Numbers from Hoover's UK

Key financials for Ingles Markets, Incorporated (NASDAQ (GM): IMKTA)

Company Type Public (NASDAQ (GM): IMKTA)
Fiscal Year-End September
2008 Sales (mil.) £1,781.6
1-Year Sales Growth 13.6%
2008 Net Income (mil.) £28.7
1-Year Net Income Growth (11.1%)
2008 Employees 19,000
1-Year Employee Growth 11.8%
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Key People from Hoover's UK

Key people and executives for Ingles Markets, Incorporated (NASDAQ (GM): IMKTA)

Chairman and VP Operations Robert P. Ingle II
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CEO and Director Robert P. Ingle
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President, COO, and Director James W. Lanning
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Top competitors of Ingles Markets, Incorporated (NASDAQ (GM): IMKTA)

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