Brief: Ingles Markets Q1 same store sales rise 1.8 pct

Ingles Markets, Incorporated

02/02/2017 12:30

Feb 2 (Reuters) - Ingles Markets Inc  IMKTA.O  
    * Ingles Markets incorporated reports sales and net income 
for first quarter fiscal 2017 
    * Q1 same store sales rose 1.8 percent 
    * Q1 sales $982.8 million versus $951.1 million 
    * Ingles Markets Inc qtrly comparable store sales, excluding 
gasoline, increased 1.8 percent 
    * Ingles Markets Inc sees total fiscal 2017 capital 
expenditures are expected to be between $100 million and $140 
million 
    * Ingles Markets Inc - Company currently has a line of 
credit totaling $175.0 million, of which $140 million is 
currently available 
    * Ingles Markets Inc - qtrly diluted earnings per common 
share for class a  $0.68 
 
Source text for Eikon:  urn:newsml:reuters.com:*:nBw8fXSxpa 
Further company coverage:  IMKTA.O  
 
 ((bangalore.newsroom@thomsonreuters.com;))