Ingles Markets, Incorporated operates a chain of supermarkets in the southeast United States. Its supermarkets offer various food products, including grocery, meat and dairy products, produce, frozen foods, and other perishables; and non-food products, such as fuel centers, pharmacies, health and beauty care products, and general merchandise, as well as private label items. The company also provides home meal replacement items, delicatessens, bakeries, floral departments, and greeting cards, as well as organic, beverage, and health-related items. As of September 26, 2020, it operated 188 supermarkets under the Ingles name; and nine supermarkets under the Sav-Mor name in western North Carolina, western South Carolina, northern Georgia, eastern Tennessee, southwestern Virginia, and northeastern Alabama, as well as 109 pharmacies and 106 fuel stations. In addition, it is involved in fluid dairy operations and shopping center rental businesses. Ingles Markets, Incorporated was founded in 1963 and is headquartered in Asheville, North Carolina.
IPO Year: 1987
Exchange: NASDAQ
Website: ingles-markets.com
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The Company's April 8th and April 10th Presentations Ignore Concerns About Insufficient Shareholder Representation on the Board, Declining Growth, Stagnant Class A Dividend, Idle Real Estate and Deteriorating Transparency Ingles' Board Made No Genuine Effort to Settle with Summer Road Because it Refuses to Acknowledge the Need for True Class A Representation So That it Can Keep Control and Continue Operating in the Shadows Summer Road's Interests Are Aligned with All Class A Shareholders, While Ingles' Conflicted Board is Using Sensationalized and Dishonest Tactics to Shield Itself from Accountability Summer Road LLC ("Summer Road" or "we"), the beneficial owner of approximately 3% of
Urges Shareholders to Vote "FOR" ONLY Ingles' Two Highly Qualified Independent Director Candidates – Rebekah Lowe and Dwight Jacobs – on the WHITE Proxy Card Ingles Markets, Incorporated (NASDAQ:IMKTA) today announced that it has issued a presentation in connection with its upcoming Annual Meeting of Shareholders ("Annual Meeting") scheduled to be held on April 30, 2026. The presentation details material facts that Sacklers' Summer Road LLC ("Summer Road") and its nominee Rory Held have failed to disclose to Ingles shareholders, including risks illustrated by their prior involvement with Peak Resorts. The full presentation, along with other important materials for Ingles shareholders, c
Urges Shareholders to Vote "FOR" ONLY Ingles' Two Highly Qualified Independent Director Candidates on the WHITE Proxy Card Ingles Markets, Incorporated (NASDAQ:IMKTA) today announced that it has issued an investor presentation in connection with its upcoming Annual Meeting of Shareholders ("Annual Meeting") scheduled to be held on April 30, 2026. The full presentation can be accessed online here. Highlights of the presentation include: Ingles Is a Leading Regional Grocer with Strong Community Relationships, a Record of Solid Performance and a Strategy That Is Delivering Significant, Sustainable Shareholder Returns The grocery industry requires long-term focus and investment, day-
Highlights How Ingles' Dual-Class Share Structure and Lack of Boardroom Accountability Have Led to Lagging Shareholder Returns, Operational Underperformance, Disastrous Capital Allocation, Deficient Disclosure and Outsized Compensation for Chairman and Controlling Shareholder Robert P. Ingle, II Believes Independent Director Candidate Rory A. Held, Who Beneficially Owns 3% of the Class A Shares and Brings Relevant Public Company Board Experience, Is Best Positioned to Restore Investor Transparency and Drive Value Click Here to Download the Full Presentation Summer Road LLC ("Summer Road"), the beneficial owner of approximately 3% of the outstanding shares of Class A common stock of In
Urges Shareholders to Vote "FOR" ONLY Ingles' Two Highly Qualified Independent Director Candidates on the WHITE Proxy Card Strongly Opposes Election of Sackler‑Affiliated Nominee and Warns of Reputational, Commercial and Value Risk if Sacklers' Rory Held is Elected Ingles Markets, Incorporated (NASDAQ:IMKTA) today announced that it has filed a definitive proxy statement with the Securities and Exchange Commission ("SEC") in connection with its upcoming Annual Meeting of Shareholders ("Annual Meeting") scheduled to be held on April 30, 2026. In conjunction with the filing of the definitive proxy statement, Ingles' Board of Directors is mailing a letter to shareholders, which reviews cr
Details How the Incumbent Board and Management Have Failed Class A Shareholders by Treating Ingles Like a Private Entity Run for the Benefit of Chairman Robert P. Ingle, II Urges Class A Shareholders to Elect Independent Nominee Rory A. Held on the GOLD Universal Proxy Card to Instill Accountability and Represent All Class A Shareholders' Interests Summer Road LLC ("Summer Road"), the beneficial owner of approximately 3% of the outstanding shares of Class A common stock of Ingles Markets, Incorporated (NASDAQ:IMKTA) ("Ingles" or the "Company"), today announced that it has filed a definitive proxy statement with the U.S. Securities and Exchange Commission in connection with Ingles' 2026
Ingles Markets, Incorporated (NASDAQ:IMKTA) today announced that its Board of Directors has declared a cash dividend of $0.165 (sixteen and one-half cents) per share on all its Class A Common Stock and $0.15 (fifteen cents) 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 April 16, 2026, to all shareholders of record on April 9, 2026. Ingles Markets, Incorporated is a leading grocer with operations in six southeastern states. Headquartered in Asheville, North Carolina, the Company operates 197 supermarkets. At March 30, 2026, three of the four stores temporarily
Ingles Markets, Incorporated (NASDAQ:IMKTA) today reported results for the three months ended December 27, 2025. Robert P. Ingle II, Chairman of the Board, stated, "We are pleased with the results and want to thank our associates for their continued commitment and efforts throughout the holiday season." First Quarter 2026 Results Net sales totaled $1.37 billion for the quarter ended December 27, 2025, an increase of 6.6% compared with $1.29 billion for the quarter ended December 28, 2024. Gross profit for the first quarter of fiscal 2026 totaled $334.6 million, or 24.4% of sales. Gross profit for the first quarter of fiscal 2025 was $301.1 million, or 23.4% of sales. Operating and
Ingles Markets, Incorporated (NASDAQ:IMKTA) today announced that its Board of Directors has declared a cash dividend of $0.165 (sixteen and one-half cents) per share on all its Class A Common Stock and $0.15 (fifteen cents) 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 15, 2026, to all shareholders of record on January 8, 2026. Ingles Markets, Incorporated is a leading grocer with operations in six southeastern states. Headquartered in Asheville, North Carolina, the Company operates 197 supermarkets. At December 29, 2025, three of the four stores tempo
Ingles Markets, Incorporated (NASDAQ:IMKTA) today reported results for the quarter and year ended September 27, 2025. Robert P. Ingle II, Chairman of the Board, stated, "We continue to make improvements in the company to strengthen the customer experience. We want to thank our associates for their hard work and dedication during this past challenging year." Fourth Quarter Results Net sales totaled $1.37 billion for the quarter ended September 27, 2025, compared with $1.40 billion for the quarter ended September 28, 2024. Fourth quarter results for fiscal 2025 and 2024 each consisted of 13 weeks of operations. Gross profit for the fourth quarter of fiscal 2025 totaled $334.7 million, or
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The Company's April 8th and April 10th Presentations Ignore Concerns About Insufficient Shareholder Representation on the Board, Declining Growth, Stagnant Class A Dividend, Idle Real Estate and Deteriorating Transparency Ingles' Board Made No Genuine Effort to Settle with Summer Road Because it Refuses to Acknowledge the Need for True Class A Representation So That it Can Keep Control and Continue Operating in the Shadows Summer Road's Interests Are Aligned with All Class A Shareholders, While Ingles' Conflicted Board is Using Sensationalized and Dishonest Tactics to Shield Itself from Accountability Summer Road LLC ("Summer Road" or "we"), the beneficial owner of approximately 3% of
Urges Shareholders to Vote "FOR" ONLY Ingles' Two Highly Qualified Independent Director Candidates on the WHITE Proxy Card Strongly Opposes Election of Sackler‑Affiliated Nominee and Warns of Reputational, Commercial and Value Risk if Sacklers' Rory Held is Elected Ingles Markets, Incorporated (NASDAQ:IMKTA) today announced that it has filed a definitive proxy statement with the Securities and Exchange Commission ("SEC") in connection with its upcoming Annual Meeting of Shareholders ("Annual Meeting") scheduled to be held on April 30, 2026. In conjunction with the filing of the definitive proxy statement, Ingles' Board of Directors is mailing a letter to shareholders, which reviews cr
Ingles Markets, Incorporated (NASDAQ:IMKTA) today announced that its Board of Directors has declared a cash dividend of $0.165 (sixteen and one-half cents) per share on all its Class A Common Stock and $0.15 (fifteen cents) 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 April 16, 2026, to all shareholders of record on April 9, 2026. Ingles Markets, Incorporated is a leading grocer with operations in six southeastern states. Headquartered in Asheville, North Carolina, the Company operates 197 supermarkets. At March 30, 2026, three of the four stores temporarily
Ingles Markets, Incorporated (NASDAQ:IMKTA) today announced that its Board of Directors has declared a cash dividend of $0.165 (sixteen and one-half cents) per share on all its Class A Common Stock and $0.15 (fifteen cents) 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 15, 2026, to all shareholders of record on January 8, 2026. Ingles Markets, Incorporated is a leading grocer with operations in six southeastern states. Headquartered in Asheville, North Carolina, the Company operates 197 supermarkets. At December 29, 2025, three of the four stores tempo
Ingles Markets, Incorporated (NASDAQ: IMKTA) today announced that its Board of Directors has declared a cash dividend of $0.165 (sixteen and one-half cents) per share on all its Class A Common Stock and $0.15 (fifteen cents) 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 October 16, 2025, to all shareholders of record on October 9, 2025. Ingles Markets, Incorporated is a leading grocer with operations in six southeastern states. Headquartered in Asheville, North Carolina, the Company operates 197 supermarkets. At September 29, 2025, three of the four stores tem
Ingles Markets, Incorporated (NASDAQ:IMKTA) today announced that its Board of Directors has declared a cash dividend of $0.165 (sixteen and one-half cents) per share on all its Class A Common Stock and $0.15 (fifteen cents) 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 July 17, 2025, to all shareholders of record on July 10, 2025. Ingles Markets, Incorporated is a leading grocer with operations in six southeastern states. Headquartered in Asheville, North Carolina, the Company operates 197 supermarkets. In conjunction with its supermarket operations, the Compa
Ingles Markets, Incorporated (NASDAQ:IMKTA) today announced that its Board of Directors has declared a cash dividend of $0.165 (sixteen and one-half cents) per share on all its Class A Common Stock and $0.15 (fifteen cents) 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 April 17, 2025, to all shareholders of record on April 10, 2025. Ingles Markets, Incorporated is a leading grocer with operations in six southeastern states. Headquartered in Asheville, North Carolina, the Company operates 197 supermarkets. In conjunction with its supermarket operations, the Comp
Ingles Markets, Incorporated (NASDAQ:IMKTA) today announced that its Board of Directors has declared a cash dividend of $0.165 (sixteen and one-half cents) per share on all its Class A Common Stock and $0.15 (fifteen cents) 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 16, 2025, to all shareholders of record on January 9, 2025. Ingles Markets, Incorporated is a leading grocer with operations in six southeastern states. Headquartered in Asheville, North Carolina, the Company operates 198 supermarkets. In conjunction with its supermarket operations, the
Ingles Markets, Incorporated (NASDAQ:IMKTA) today announced that its Board of Directors has declared a cash dividend of $0.165 (sixteen and one-half cents) per share on all its Class A Common Stock and $0.15 (fifteen cents) 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 October 17, 2024, to all shareholders of record on October 10, 2024. Ingles Markets, Incorporated is a leading grocer with operations in six southeastern states. Headquartered in Asheville, North Carolina, the Company operates 198 supermarkets. In conjunction with its supermarket operations, the
Ingles Markets, Incorporated (NASDAQ:IMKTA) today announced that its Board of Directors has declared a cash dividend of $0.165 (sixteen and one-half cents) per share on all its Class A Common Stock and $0.15 (fifteen cents) 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 July 18, 2024, to all shareholders of record on July 11, 2024. Ingles Markets, Incorporated is a leading grocer with operations in six southeastern states. Headquartered in Asheville, North Carolina, the Company operates 198 supermarkets. In conjunction with its supermarket operations, the Compa
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Details How the Incumbent Board and Management Have Failed Class A Shareholders by Treating Ingles Like a Private Entity Run for the Benefit of Chairman Robert P. Ingle, II Urges Class A Shareholders to Elect Independent Nominee Rory A. Held on the GOLD Universal Proxy Card to Instill Accountability and Represent All Class A Shareholders' Interests Summer Road LLC ("Summer Road"), the beneficial owner of approximately 3% of the outstanding shares of Class A common stock of Ingles Markets, Incorporated (NASDAQ:IMKTA) ("Ingles" or the "Company"), today announced that it has filed a definitive proxy statement with the U.S. Securities and Exchange Commission in connection with Ingles' 2026
ASHEVILLE, N.C.--(BUSINESS WIRE)--Ingles Markets, Incorporated (NASDAQ: IMKTA) today announced that its Board of Directors has declared a cash dividend of $0.165 (sixteen and one-half cents) per share on all its Class A Common Stock and $0.15 (fifteen cents) 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 14, 2021, to all shareholders of record on January 7, 2021. Ingles Markets, Incorporated is a leading grocer with operations in six southeastern states. Headquartered in Asheville, North Carolina, the Company operates 197 supermarkets. In conjunc