AP NEWS

Ingles: Fiscal 4Q Earnings Snapshot

December 7, 2018

ASHEVILLE, N.C. (AP) _ Ingles Markets Inc. (IMKTA) on Friday reported fiscal fourth-quarter earnings of $18.4 million.

On a per-share basis, the Asheville, North Carolina-based company said it had net income of 91 cents.

The grocer posted revenue of $1.06 billion in the period.

For the year, the company reported profit of $97.4 million, or $4.81 per share. Revenue was reported as $4.09 billion.

Ingles shares have fallen 19 percent since the beginning of the year. The stock has risen slightly more than 1 percent in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on IMKTA at https://www.zacks.com/ap/IMKTA

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