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 9, 2016 7:30 AM EDT
ASHEVILLE, N.C.--(BUSINESS WIRE)--
Ingles Markets, Incorporated (NASDAQ:Â IMKTA) today reported higher sales
and net income for the three months ended March 26, 2016 compared with
the three months ended March 28, 2015. Net income totaled $14.4 million
for the quarter ended March 26, 2016 compared with $14.3 million for the
second quarter of fiscal year 2015. Net sales also increased despite
significantly lower retail gasoline prices compared with the second
quarter of last year.
For the six months ended March 26, 2016 net income totaled $27.3 million
compared with $29.3 million for the six months ended March 28, 2015.
Gasoline gross profits were significantly higher during the fiscal 2015
six... More
