Ingles Markets GAAP EPS of $2.28, revenue of $1.48B
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 08 2024
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Source: SeekingAlpha
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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.
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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.
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