1 Followers USX:IMKTA - Ingles Markets Inc Ingles Markets Incorporated
Sector: Consumer Staples, Industry: Food Retail
Next Earnings: 2 May 2024
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USD 76.68    +1.24 (+1.64%)

28 Mar 2024


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General

CEO: Mr. James W. Lanning

IPO: 1990-03-26

Headquarters: US

Employees: 11,625

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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.

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