Ingles Markets (IMKTA) Reports Q2 EPS of $0.71
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Go back to Ingles Markets (IMKTA) Reports Q2 EPS of $0.71
May 11, 2015 6:30 AM EDT
ASHEVILLE, N.C.--(BUSINESS WIRE)--
Ingles Markets, Incorporated (NASDAQ:Â IMKTA) today reported higher net
income for the three and six months ended March 28, 2015 compared with
the three and six months ended March 29, 2014. Net income rose 36.8% and
totaled $14.3 million for the quarter ended March 28, 2015. For the six
months ended March 28, 2015 net income rose 46.8% and totaled $29.3
million. Second quarter fiscal 2015 sales (excluding gasoline sales)
increased 1.0% to $810.9 million. Comparable store sales (excluding
gasoline) increased 1.2%. Second quarter fiscal 2015 total sales,
including gasoline decreased 3.4% from last years second quarter sales
to $915.3 million. Per gallon gasoline prices were significantly lower
in fiscal 2015 compared... More
