Ingles: Fiscal 4Q Earnings Snapshot
Posted Dec 8, 2020 07:49:07 AM.
Last Updated Dec 8, 2020 07:56:06 AM.
This article is more than 5 years old.
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