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Ingles Markets Inc Class A IMKTA Stock Quote

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Morningstar‘s Stock Analysis IMKTA

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Morningstar Quantitative ratings for equities (denoted on this page by) are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies withratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating. Click here for more on how to use these ratings.

Key Statistics IMKTA

Company Profile IMKTA

Business Description

Ingles Markets Inc is a U.S.-based company that is principally engaged in operating a supermarket chain. The company operates the business in the southeast United States, mainly in Georgia, North Carolina, South Carolina, and Tennessee, with a few stores in Virginia and Alabama as well. The company locates its stores majorly in suburban areas, small towns, and neighborhood areas. It offers a broad range of goods, including food products, pharmacies, health and beauty care products, and general merchandise. The retail business contributes the majority of the company's revenue. The company's real estate ownership of a material portion of total stores enables it to generate rental income.

2913 U.S. Highway 70 West
Black Mountain, NC, 28711
T +1 828 669-2941
Industry Grocery Stores
Most Recent Earnings Sep 30, 2022
Fiscal Year End Sep 23, 2023
Employees 26,000