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Ingles Markets Incorporated Class A Common Stock (IMKTA)

$88.28

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Key data on IMKTA

Market cap

$1.68B

EPS

4.96

P/E ratio

66.2

Price to sales

0.32

Dividend yield

0.748%

Beta

0.603022

Price on IMKTA

Previous close

$90.18

Today's open

$89.54

Day's range

$87.49 - $90.49

52 week range

$59.27 - $95.62

Profile about IMKTA

CEO

James W. Lanning

Employees

26420

Headquarters

Asheville, NC

Exchange

Nasdaq Global Select

Shares outstanding

18994376

Issue type

Common Stock

IMKTA industries and sectors

Consumer Staples

Retailers - Staples

News on IMKTA

Ingles Markets, Incorporated Reports Results for Second Quarter and First Six Months of Fiscal 2026

ASHEVILLE, N.C.--(BUSINESS WIRE)---- $IMKTA--Ingles Markets, Incorporated (NASDAQ: IMKTA) today reported its financial results for the three and six months ended March 28, 2026. Robert P. Ingle II, Chairman of the Board, stated, “We are pleased to announce our financial results that are made possible by our associates' commitment and dedication to our customers and communities in which we serve.” Second Quarter 2026 Results Net sales totaled $1.31 billion for the quarter ended March 28, 2026, a decrease o.

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Business Wire • May 7, 2026

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Summer Road Announces Shareholders Have Overwhelmingly Elected Rory A. Held to Ingles Markets' Board of Directors

WEST PALM BEACH, Fla.--(BUSINESS WIRE)--Summer Road LLC (“Summer Road” or “we”), the beneficial owner of approximately 3% of the outstanding shares of Class A common stock of Ingles Markets, Incorporated (NASDAQ: IMKTA) (“Ingles” or the “Company”), today commented on the outcome of the Company's 2026 Annual Meeting of Shareholders. Based on preliminary voting results, Summer Road nominee Rory A. Held was elected to Ingles' Board of Directors (the “Board”) with resounding support from approximat.

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Business Wire • Apr 30, 2026

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Ingles Markets Announces Preliminary Voting Results from 2026 Annual Meeting

ASHEVILLE, N.C.--(BUSINESS WIRE)--Ingles Markets, Incorporated (NASDAQ: IMKTA) (“Ingles” or the “Company”) announced that based on preliminary voting results from the 2026 Annual Meeting of Shareholders held today, Dwight Jacobs and Rory Held have been elected as Class A directors; Fred D. Ayers, Robert P. Ingle, II, Patricia E. Jackson, James W. Lanning, Laura Ingle Sharp and Brenda S. Tudor have been elected as Class B directors; and shareholders approved, on an advisory basis, the compensati.

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Business Wire • Apr 30, 2026

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Summer Road Issues Final Letter to Shareholders Ahead of Ingles Markets' April 30th Annual Meeting

WEST PALM BEACH, Fla.--(BUSINESS WIRE)--Summer Road LLC (“Summer Road” or “we”), the beneficial owner of approximately 3% of the outstanding shares of Class A common stock of Ingles Markets, Incorporated (NASDAQ: IMKTA) (“Ingles” or the “Company”), today issued the following open letter to shareholders seeking their support for the election of Rory A. Held to Ingles' Board of Directors (the “Board”) at the 2026 Annual Meeting of Shareholders. *** Fellow Shareholders, We greatly appreciate the d.

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Business Wire • Apr 27, 2026

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Ingles Markets Reminds Shareholders to Vote “FOR” Ingles' Director Nominees -- Rebekah Lowe and Dwight Jacobs

ASHEVILLE, N.C.--(BUSINESS WIRE)--Ingles Markets, Incorporated (NASDAQ: IMKTA) (“Ingles” or the “Company”) today reminded shareholders to vote ahead of the 2026 Annual Meeting of Shareholders, which will be held on April 30, 2026 at 10:00 a.m. Eastern Time. The Ingles Board of Directors recommends that all Ingles shareholders vote “FOR” ONLY Ingles' two highly qualified, independent director nominees – Rebekah Lowe and Dwight Jacobs – on the WHITE proxy card. The Ingles Board of Directors issue.

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Business Wire • Apr 27, 2026

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All Three Independent Proxy Advisors Recommend Ingles Markets Shareholders Vote for Rory A. Held

WEST PALM BEACH, Fla.--(BUSINESS WIRE)--Summer Road LLC (“Summer Road” or “we”), the beneficial owner of approximately 3% of the outstanding shares of Class A common stock of Ingles Markets, Incorporated (NASDAQ: IMKTA) (“Ingles” or the “Company”), today announced that all three independent proxy advisory firms, Institutional Shareholder Services Inc. (“ISS”), Glass, Lewis & Co., LLC (“Glass Lewis”) and Egan-Jones Ratings Company (“Egan-Jones”), have recommended shareholders vote for the el.

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Business Wire • Apr 20, 2026

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Ingles Markets Issues Open Letter to Shareholders

ASHEVILLE, N.C.--(BUSINESS WIRE)--Ingles Markets, Incorporated (NASDAQ: IMKTA) today issued the following open letter to shareholders: Dear Ingles Shareholders, If you have been following the events of the last few weeks, you know that we at Ingles Markets have been working hard to elect our two qualified director nominees – Rebekah Lowe and Dwight Jacobs – and to assure that the Sacklers' nominee Rory Held does not have the opportunity to damage our company. Over the past two weeks, we have re.

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Business Wire • Apr 20, 2026

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Summer Road Calls on the Board of Ingles Markets to Stop Wasting Shareholder Resources on Fabricated Issues to Mislead Shareholders

WEST PALM BEACH, Fla.--(BUSINESS WIRE)--Summer Road LLC (“Summer Road” or “we”) today issued the following statement in response to Ingles Markets, Incorporated's (NASDAQ: IMKTA) (“Ingles” or the “Company”) repeated dishonest and misleading public statements. “The Company's daily, disjointed attacks on Summer Road should make shareholders question the judgment of the incumbent Board and its vehement opposition to the election of a truly independent Class A shareholder voice. To suggest that Ror.

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Business Wire • Apr 17, 2026

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Ingles Sets the Record Straight on Summer Road's Flawed Real Estate Claims

ASHEVILLE, N.C.--(BUSINESS WIRE)--Ingles Markets, Incorporated (NASDAQ: IMKTA) today issued the following statement in response to misleading claims made by Summer Road LLC in its presentation published April 6, 2026 regarding Ingles' real estate portfolio: Summer Road has a fundamentally flawed understanding of Ingles' real estate portfolio. Further, the strategy it is proposing in connection with its attempt to nominate Sackler representative Rory Held to the Ingles Board of Directors is base.

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Business Wire • Apr 16, 2026

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Ingles Markets Warns Rory Held Would Not Be an Independent Director Due to Undisclosed Conflicting Duties of Loyalty to the Sackler Family

ASHEVILLE, N.C.--(BUSINESS WIRE)--Ingles Markets, Incorporated (NASDAQ: IMKTA) today issued the following statement in response to what the Company believes are misleading claims that Rory Held would serve effectively as an independent director at Ingles Markets: Summer Road's proxy solicitation materials have claimed that Rory Held would serve as an independent voice in the Ingles boardroom, but that is inconsistent with Mr. Held's existing fiduciary obligations of loyalty to the Sackler famil.

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Business Wire • Apr 16, 2026

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