Ingles Markets Q3 revenue rises slightly
Ingles Markets Q3 revenue rises slightly
Overview
U.S. grocer's fiscal Q3 revenue rose slightly yr/yr, net income and EPS declined
Gross profit margin for Q3 remained unchanged at 24.3%
Three stores remain closed due to hurricane damage, expected to reopen in 2026 and 2027
Outlook
Company expects fiscal 2026 capital expenditures of $120 mln to $130 mln
Ingles believes financial resources are sufficient for planned expenditures and debt service
Three hurricane-damaged stores expected to reopen at various times in 2026 and 2027
Result Drivers
CUSTOMER FOCUS - Co said it remained focused on providing value, selection and quality offerings for customers, per Chairman Robert P. Ingle II
Company press release: ID:nBw8qhpB3a
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q3 Sales |
| $1.37 bln |
|
Q3 EPS |
| $1.36 |
|
Q3 Net Income |
| $25.90 mln |
|
Q3 Gross Profit |
| $332.44 mln |
|
Q3 Operating Income |
| $34.48 mln |
|
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)