Ingles: Fiscal 4Q Earnings Snapshot

By The Associated Press

ASHEVILLE, N.C. (AP) _ Ingles Markets Inc. (IMKTA) on Tuesday reported fiscal fourth-quarter earnings of $57.9 million.

On a per-share basis, the Asheville, North Carolina-based company said it had profit of $2.86.

The grocer posted revenue of $1.2 billion in the period.

For the year, the company reported profit of $178.6 million, or $8.82 per share. Revenue was reported as $4.61 billion.

Ingles shares have dropped 21% since the beginning of the year. The stock has fallen 13% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on IMKTA at https://www.zacks.com/ap/IMKTA

The Associated Press

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