Ingles Markets, Incorporated (NASDAQ: 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 more than 200 supermarkets, primarily in suburbs, small towns, and rural areas of six southeastern states. The stores largely operate under the Ingles name; about 10 do business as Sav-Mor. In addition to brand-name products, Ingles has Laura Lynn and Ingles Best private labels. The company also owns a dairy that sells about a third of its products to Ingles stores and the rest to other retailers and distributors. It also owns about 70 shopping centers, more than 80% of which contain an Ingles store. Robert Ingle, founder and CEO of the company, died in 2011. He was succeeded by his son.

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Key Numbers from Hoover's UK

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

Company Type Public (NASDAQ: IMKTA)
Fiscal Year-End September
2011 Sales (mil.) £2,278.0
1-Year Sales Growth 5.0%
2011 Net Income (mil.) £25.0
1-Year Net Income Growth 23.1%
2011 Employees 19,600
1-Year Employee Growth 4.3%
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Key People from Hoover's UK

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

Chairman and CEO Robert P. (Bobby) Ingle II
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President, COO, and Director James W. Lanning
VP Finance, CFO, and Director Ronald B. (Ron) Freeman
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Top Competitors from Hoover's UK

Top competitors of Ingles Markets, Incorporated (NASDAQ: IMKTA)

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Significant Developments

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Rankings from Hoover's UK

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