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Ingles Markets Inc Class A IMKTA

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Morningstar’s Analysis

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1-Star Price

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5-Star Price

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Economic Moat

PREMIUM

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Company Profile

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 primarily 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 most of the company's revenue. The company's real estate ownership on a material portion of total stores enables it to generate rental income.

Contact
2913 U.S. Highway 70 West
Black Mountain, NC, 28711
T +1 828 669-2941
Sector Consumer Defensive
Industry Grocery Stores
Most Recent Earnings Sep 30, 2021
Fiscal Year End Sep 25, 2022
Stock Type Classic Growth
Employees 26,000