StockNews.AI
IMKTA
StockNews.AI
103 days

Ingles Markets, Incorporated Reports Results for Second Quarter and First Six Months of Fiscal 2025

1. IMKTA reported a 2.7% decrease in net sales for Q2 2025. 2. Chairman Ingle emphasized support for stores and associates amid declining sales.

Earnings
+0.51%Current Return
VS
+0.62%S&P 500
$61.0405/08 07:42 AM EDTEvent Start
$61.3505/09 02:46 PM EDTLatest Updated
2m saved
Insight
Article

FAQ

Why Bearish?

The decline in sales indicates potential challenges for IMKTA, impacting investor confidence.

How important is it?

Sales performance directly influences investor sentiment and stock valuation.

Why Short Term?

Immediate sales declines might affect stock performance in the upcoming quarters.

Related Companies

WMTKRAAPL
ASHEVILLE, N.C.--(BUSINESS WIRE)---- $IMKTA--Ingles Markets, Incorporated (NASDAQ: IMKTA) today reported sales for the three and six months ended March 29, 2025. Robert P. Ingle II, Chairman of the Board, stated, “We continue to support our stores and thank our associates for their hard work delivering value to our customers.” Second Quarter 2025 Results Net sales totaled $1.33 billion for the quarter ended March 29, 2025, a decrease of 2.7% compared with $1.37 billion for the quarter ended March 30, 2024.

Related News