Ingles Markets, Tesla And Other Big Stocks Moving Lower In Friday's Pre-Market Session
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 27 2024
0mins
Should l Buy IMKTA?
Source: Benzinga
U.S. Stock Market Trends: U.S. stock futures are down, with Dow futures dropping over 100 points; several companies, including Ingles Markets and Viemed Healthcare, reported declines in pre-market trading.
Notable Stock Movements: Ingles Markets saw a 1.2% decrease in shares after reporting lower net sales, while other stocks like Evotec SE and Tesla also experienced notable declines in pre-market trading.
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Analyst Views on IMKTA
About IMKTA
Ingles Markets, Incorporated is a grocer with operations in six southeastern states. The Company, in conjunction with its supermarket operations, operates neighborhood shopping centers, most of which contain an Ingles supermarket. The Company also owns a fluid dairy facility that supplies its supermarkets and unaffiliated customers. Its supermarkets offer customers a variety of nationally advertised food products, including grocery, meat and dairy products, produce, frozen foods and other perishables, and non-food products. Its non-food products include fuel centers, pharmacies, health and beauty care products, and general merchandise. The Company also offers private label items, organic and locally sourced items throughout its market areas. The Company operates a total of approximately 198 supermarkets in North Carolina (75), Georgia (65), South Carolina (35), Tennessee (21), Virginia (1) and Alabama (1). It operates approximately 115 in-store pharmacies and 108 fuel stations.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Ingles Markets Reports Strong Q1 Growth
- Sales Growth: For the first quarter of fiscal 2026, Ingles Markets reported net sales of $1.37 billion, a 6.6% increase from $1.29 billion in the same quarter last year, indicating strong performance during the holiday season and reinforcing its market position.
- Gross Margin Improvement: The gross profit for the first quarter reached $334.6 million, representing 24.4% of sales, up from 23.4% in the prior year, demonstrating the company's success in cost control and pricing strategies.
- Significant Net Income Increase: Net income for the first quarter of fiscal 2026 was $28.1 million, a substantial rise from $16.6 million in the same quarter last year, with basic earnings per share increasing from $0.89 to $1.51, reflecting a marked improvement in profitability.
- Stable Capital Expenditures: Capital expenditures for the first quarter totaled $36.4 million, slightly down from $37.8 million last year, indicating a cautious approach to expansion and investment while maintaining strong financial health.
See More
United Bancorporation of Alabama Declares $0.70 Semiannual Dividend
- Dividend Announcement: United Bancorporation of Alabama has declared a semiannual cash dividend of $0.70 per share, payable on or around January 15, 2026, which aims to enhance shareholder returns and attract more investor interest.
- Ingles Markets Dividend: Ingles Markets' Board of Directors declared a cash dividend of 16.5 cents per share on Class A Common Stock and 15 cents per share on Class B Common Stock, with annual rates of $0.66 and $0.60 respectively, demonstrating the company's stable profitability and commitment to shareholders.
- ARMOUR Residential REIT Guidance: ARMOUR Residential REIT has provided guidance for a cash dividend of $0.24 per common share for January 2026, payable on January 29, reflecting the company's ongoing cash flow and focus on shareholder value.
- Mosaic Quarterly Dividend: Mosaic announced a quarterly dividend of $0.22 per share, scheduled for payment on March 19, 2026, indicating the company's stability in the market and ongoing commitment to shareholder returns.
See More
United Bancorporation of Alabama Declares $0.70 Semiannual Dividend
- Dividend Announcement: United Bancorporation of Alabama has declared a semiannual cash dividend of $0.70 per share, payable on January 15, 2026, to shareholders of record as of December 31, 2025, which aims to enhance investor confidence and reward shareholders.
- Ingles Markets Dividend: Ingles Markets' Board of Directors declared a cash dividend of 16.5 cents per share, with annual rates of $0.66 for Class A and $0.60 for Class B common stock, payable on January 15, 2026, indicating the company's stable profitability and commitment to shareholder returns.
- ARMOUR Residential REIT Guidance: ARMOUR Residential REIT previously announced a cash dividend guidance of $0.24 per common share for January 2026, payable on January 29, 2026, which aims to attract long-term investors and maintain shareholder returns.
- Mosaic Quarterly Dividend: Mosaic's Board of Directors declared a quarterly dividend of $0.22 per share, scheduled for payment on March 19, 2026, reflecting the company's ongoing cash flow and commitment to its shareholders.
See More
Ingles Markets Declares Cash Dividend of $0.165 per Share
- Cash Dividend Announcement: Ingles Markets has declared a cash dividend of $0.165 per share on Class A Common Stock and $0.15 on Class B Common Stock, translating to annual rates of $0.66 and $0.60 respectively, reflecting the company's ongoing profitability and commitment to shareholder returns.
- Payment Schedule: The dividends will be payable on January 15, 2026, to all shareholders of record as of January 8, 2026, ensuring timely returns for investors and enhancing their confidence in the company's financial health.
- Operational Overview: Ingles Markets operates 197 supermarkets across six southeastern states, and despite three of its four stores being temporarily closed due to Hurricane Helene, they are expected to reopen in 2026, demonstrating the company's resilience in the face of adversity.
- Diversified Business Model: In addition to its supermarket operations, Ingles also runs neighborhood shopping centers and a fluid dairy facility, further solidifying its market position and providing diverse revenue streams for future growth.
See More
Ideal Stock Portfolio: December 2025 Update
Global Market Trends: Investors are currently favoring narratives over financial fundamentals, leading to many companies trading below their book value despite strong balance sheets and financial health, particularly in the U.S., Europe, Japan, and China.
U.S. Market Insights: In the U.S., many asset-intensive businesses, especially in the financial sector, are undervalued despite solid capital positions and liquidity, reflecting a market mindset of crisis rather than current financial realities.
European Financial Strength: European banks and industrial companies are well-capitalized and generating profits, yet they are trading below tangible book value due to market perceptions of impending downturns, creating investment opportunities.
Japanese and Chinese Opportunities: Japan's companies often have strong balance sheets with net cash positions, while in China, a distinction exists between companies with solid financials and those facing real risks, presenting a selective investment landscape focused on financial strength.
See More
Ingles Markets Reports $25.7M Net Income in Q4, Turning Profit
- Sales Performance: Net sales for Q4 2025 totaled $1.37 billion, slightly down from $1.40 billion in Q4 2024, indicating the company's efforts to maintain sales stability amid increasing market competition.
- Gross Margin Improvement: The gross profit for Q4 reached $334.7 million, representing 24.5% of sales, a significant increase from 21.4% in 2024, demonstrating effective cost control and pricing strategies.
- Net Income Recovery: Q4 2025 net income was $25.7 million, a substantial turnaround from a net loss of $1.5 million in Q4 2024, highlighting the company's enhanced recovery and profitability following natural disaster impacts.
- Earnings Per Share Growth: Basic and diluted earnings per share for Class A Common Stock were $1.38 and $1.35, respectively, for Q4 2025, compared to a loss of $0.08 per share in Q4 2024, reflecting a significant rebound in the company's earnings capacity.
See More
Ingles Markets Reports Strong Q1 Growth
- Sales Growth: For the first quarter of fiscal 2026, Ingles Markets reported net sales of $1.37 billion, a 6.6% increase from $1.29 billion in the same quarter last year, indicating strong performance during the holiday season and reinforcing its market position.
- Gross Margin Improvement: The gross profit for the first quarter reached $334.6 million, representing 24.4% of sales, up from 23.4% in the prior year, demonstrating the company's success in cost control and pricing strategies.
- Significant Net Income Increase: Net income for the first quarter of fiscal 2026 was $28.1 million, a substantial rise from $16.6 million in the same quarter last year, with basic earnings per share increasing from $0.89 to $1.51, reflecting a marked improvement in profitability.
- Stable Capital Expenditures: Capital expenditures for the first quarter totaled $36.4 million, slightly down from $37.8 million last year, indicating a cautious approach to expansion and investment while maintaining strong financial health.
See More
United Bancorporation of Alabama Declares $0.70 Semiannual Dividend
- Dividend Announcement: United Bancorporation of Alabama has declared a semiannual cash dividend of $0.70 per share, payable on or around January 15, 2026, which aims to enhance shareholder returns and attract more investor interest.
- Ingles Markets Dividend: Ingles Markets' Board of Directors declared a cash dividend of 16.5 cents per share on Class A Common Stock and 15 cents per share on Class B Common Stock, with annual rates of $0.66 and $0.60 respectively, demonstrating the company's stable profitability and commitment to shareholders.
- ARMOUR Residential REIT Guidance: ARMOUR Residential REIT has provided guidance for a cash dividend of $0.24 per common share for January 2026, payable on January 29, reflecting the company's ongoing cash flow and focus on shareholder value.
- Mosaic Quarterly Dividend: Mosaic announced a quarterly dividend of $0.22 per share, scheduled for payment on March 19, 2026, indicating the company's stability in the market and ongoing commitment to shareholder returns.
See More
United Bancorporation of Alabama Declares $0.70 Semiannual Dividend
- Dividend Announcement: United Bancorporation of Alabama has declared a semiannual cash dividend of $0.70 per share, payable on January 15, 2026, to shareholders of record as of December 31, 2025, which aims to enhance investor confidence and reward shareholders.
- Ingles Markets Dividend: Ingles Markets' Board of Directors declared a cash dividend of 16.5 cents per share, with annual rates of $0.66 for Class A and $0.60 for Class B common stock, payable on January 15, 2026, indicating the company's stable profitability and commitment to shareholder returns.
- ARMOUR Residential REIT Guidance: ARMOUR Residential REIT previously announced a cash dividend guidance of $0.24 per common share for January 2026, payable on January 29, 2026, which aims to attract long-term investors and maintain shareholder returns.
- Mosaic Quarterly Dividend: Mosaic's Board of Directors declared a quarterly dividend of $0.22 per share, scheduled for payment on March 19, 2026, reflecting the company's ongoing cash flow and commitment to its shareholders.
See More
Ingles Markets Declares Cash Dividend of $0.165 per Share
- Cash Dividend Announcement: Ingles Markets has declared a cash dividend of $0.165 per share on Class A Common Stock and $0.15 on Class B Common Stock, translating to annual rates of $0.66 and $0.60 respectively, reflecting the company's ongoing profitability and commitment to shareholder returns.
- Payment Schedule: The dividends will be payable on January 15, 2026, to all shareholders of record as of January 8, 2026, ensuring timely returns for investors and enhancing their confidence in the company's financial health.
- Operational Overview: Ingles Markets operates 197 supermarkets across six southeastern states, and despite three of its four stores being temporarily closed due to Hurricane Helene, they are expected to reopen in 2026, demonstrating the company's resilience in the face of adversity.
- Diversified Business Model: In addition to its supermarket operations, Ingles also runs neighborhood shopping centers and a fluid dairy facility, further solidifying its market position and providing diverse revenue streams for future growth.
See More
Ideal Stock Portfolio: December 2025 Update
Global Market Trends: Investors are currently favoring narratives over financial fundamentals, leading to many companies trading below their book value despite strong balance sheets and financial health, particularly in the U.S., Europe, Japan, and China.
U.S. Market Insights: In the U.S., many asset-intensive businesses, especially in the financial sector, are undervalued despite solid capital positions and liquidity, reflecting a market mindset of crisis rather than current financial realities.
European Financial Strength: European banks and industrial companies are well-capitalized and generating profits, yet they are trading below tangible book value due to market perceptions of impending downturns, creating investment opportunities.
Japanese and Chinese Opportunities: Japan's companies often have strong balance sheets with net cash positions, while in China, a distinction exists between companies with solid financials and those facing real risks, presenting a selective investment landscape focused on financial strength.
See More
Ingles Markets Reports $25.7M Net Income in Q4, Turning Profit
- Sales Performance: Net sales for Q4 2025 totaled $1.37 billion, slightly down from $1.40 billion in Q4 2024, indicating the company's efforts to maintain sales stability amid increasing market competition.
- Gross Margin Improvement: The gross profit for Q4 reached $334.7 million, representing 24.5% of sales, a significant increase from 21.4% in 2024, demonstrating effective cost control and pricing strategies.
- Net Income Recovery: Q4 2025 net income was $25.7 million, a substantial turnaround from a net loss of $1.5 million in Q4 2024, highlighting the company's enhanced recovery and profitability following natural disaster impacts.
- Earnings Per Share Growth: Basic and diluted earnings per share for Class A Common Stock were $1.38 and $1.35, respectively, for Q4 2025, compared to a loss of $0.08 per share in Q4 2024, reflecting a significant rebound in the company's earnings capacity.
See More
