Ingles Markets Enjoys a Same-Store Boost in First Quarter

Source: Supermarket News, Monday, Feb 12, 2018

Ingles markets reported a boost in sales and net income for its first quarter, ended 30 December 2017. Total sales grew 3.2% to USD1.01 billion, while same-store sales climbed 2.2% for the period. Gross profit also saw encouraging growth to USD244.7 million, or 24.1% of sales.