Ingles Markets (IMKTA) Reports Q3 EPS of $0.68
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Ingles Markets, Incorporated Reports Results for Third Quarter and Nine Months of Fiscal 2015
August 3, 2015 6:30 AM EDTASHEVILLE, N.C.--(BUSINESS WIRE)-- Ingles Markets, Incorporated (NASDAQ:Â IMKTA) today reported sales and net income for the three and nine months ended June 27, 2015. Net income totaled $13.8 million for the quarter ended June 27, 2015 and for the same quarter of last year. For the nine months ended June 27, 2015 net income rose 27.5% and totaled $43.1 million. Third quarter fiscal 2015 sales (excluding gasoline sales) increased 1.0% and comparable store sales (excluding gasoline) increased 1.6%. Per gallon gasoline prices were significantly lower in fiscal 2015 compared with the same periods of last year, resulting in lower total sales. Comparing the three and nine month periods... More
