Business

Ingles Markets, Incorporated Reports Results for Second Quarter and First Six Months of Fiscal 2026

ASHEVILLE, N.C., May 07, 2026--Ingles Markets, Incorporated (NASDAQ: IMKTA) today reported its financial results for the three and six months ended March 28, 2026.

articleIngles Markets, IncorporatedMay 7, 20266/company/ingles-markets-incorporated/news/ingles-markets-incorporated-reports-results-for-second-quarter-and-first-six-months-of-fiscal-2026
Ingles Markets, Incorporated Reports Results for Second Quarter and First Six Months of Fiscal 2026

About this update from Ingles Markets, Incorporated

[{"type":"image","alt":"","displaySize":"","headline":null,"caption":"","credit":null,"className":"","disableSlideshowImg":false,"size":{"original":{"width":480,"height":270,"url":"https://media.zenfs.com/en/business-wire.com/f8cdca2e4060e6756f15f6cebe46a66c"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/1Ca60mS19zGX6FfrIK7pMQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTU0MA--/https://media.zenfs.com/en/business-wire.com/f8cdca2e4060e6756f15f6cebe46a66c","width":480,"height":270},"resize_sm":{"url":"https://s.yimg.com/ny/api/res/1.2/BkPEq9f7qER2zkT9HN_bbA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTY0MDtoPTM2MA--/https://media.zenfs.com/en/business-wire.com/f8cdca2e4060e6756f15f6cebe46a66c","width":480,"height":270}},"lazy":false},{"type":"text","content":"ASHEVILLE, N.C., May 07, 2026--(BUSINESS WIRE)--Ingles Markets, Incorporated (NASDAQ: IMKTA) today reported its financial results for the three and six months ended March 28, 2026.","length":180,"tagName":"p"},{"type":"text","content":"Robert P. Ingle II, Chairman of the Board, stated, "We are pleased to announce our financial results that are made possible by our associates’ commitment and dedication to our customers and communities in which we serve."","length":231,"tagName":"p"},{"type":"text","content":"Second Quarter 2026 Results","length":27,"tagName":"p"},{"type":"text","content":"Net sales totaled $1.31 billion for the quarter ended March 28, 2026, a decrease of 1.8% compared with $1.33 billion for the quarter ended March 29, 2025.","length":154,"tagName":"p"},{"type":"text","content":"Gross profit for the second quarter of fiscal 2026 increased to $325.3 million, or 24.9% of sales, as compared to $311.0 million, or 23.4% of sales, for the second quarter of fiscal 2025.","length":187,"tagName":"p"},{"type":"text","content":"Operating and administrative expenses for the second quarter of fiscal 2026 was relatively flat at $291.2 million, as compared with $289.1 million for the second quarter of fiscal 2025.","length":185,"tagName":"p"},{"type":"text","content":"Interest expense totaled $4.5 million for the second quarter of fiscal 2026, as compared with $4.9 million for the second quarter of fiscal 2025.","length":145,"tagName":"p"},{"type":"text","content":"Net income increased to $24.3 million for the second quarter of fiscal 2026, as compared with $15.1 million for the second quarter of fiscal 2025. ...

More updates from Ingles Markets, Incorporated

Ingles MarketsGross profitInterest expensediluted earnings per share