Ingles Markets (IMKTA) Reports Q1 EPS of $0.64

Ingles Markets (NASDAQ: IMKTA) reported Q1 EPS of $0.64, versus $0.74 reported last year. Revenue for the quarter came in at $951.1 million, versus $964.5 million reported last year.

Gasoline gallons sold increased, but gasoline dollar sales were $29.4 million lower comparing the December 2015 quarter with the December 2014 quarter, as the average per gallon sales price decreased by approximately 29%. Comparable store sales, excluding gasoline, increased 2.3%. The number of customer transactions (excluding gasoline) increased slightly, while the comparable average transaction size (excluding gasoline) increased 1.7% compared with the same quarter last year.

For earnings history and earnings-related data on Ingles Markets (IMKTA) click here.

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