Brief: Ingles Markets Inc Reports Sales And Net Income For Q2 And First Six Months Of Fiscal 2020

Ingles Markets, Incorporated

07/05/2020 13:19

May 7 (Reuters) - Ingles Markets Inc  IMKTA.O :
    * INGLES MARKETS, INCORPORATED REPORTS SALES AND NET INCOME
FOR
SECOND QUARTER AND FIRST SIX MONTHS OF FISCAL 2020
    * Q2 SALES $1.14 BILLION VERSUS $1.0 BILLION
    * CURRENTLY HAS $165.9 MILLION AVAILABLE UNDER ITS $175
MILLION
LINE OF CREDIT
    * INGLES MARKETS - BELIEVES FINANCIAL RESOURCES WILL BE
SUFFICIENT
TO MEET PLANNED CAPITAL EXPENDITURES FOR FORESEEABLE FUTURE
    * INGLES MARKETS - QTRLY DILUTED EARNINGS PER COMMON SHARE –
CLASS
A $1.99
    * INGLES MARKETS - QTRLY DILUTED EARNINGS PER COMMON SHARE –
CLASS
B $1.86

Source text for Eikon:  ID:nBw6rn4Kma 
Further company coverage:  IMKTA.O 

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