| Market Capitalization (Millions $) |
- |
| Shares
Outstanding (Millions) |
- |
| Employees |
25,551 |
| Revenues (TTM) (Millions $) |
5,418 |
| Net Income (TTM) (Millions $) |
104 |
| Cash Flow (TTM) (Millions $) |
82 |
| Capital Exp. (TTM) (Millions $) |
100 |
Business Description
Ingles Markets Incorporated is an American supermarket chain founded in 1963 by Robert P. Ingle in Asheville, North Carolina. The company is headquartered in Black Mountain, North Carolina, and operates primarily in the southeastern United States. It is currently one of the largest independent retail grocery chains in the United States and is publicly traded on the NASDAQ stock exchange under the symbol IMKTA.
Ingles Markets Incorporated operates 199 supermarkets with pharmacies in six Southeastern states, including Georgia, Alabama, Tennessee, North Carolina, South Carolina, and Virginia. These stores are located in both urban and suburban areas and range in size from 12,000 to 95,000 square feet. The company employs over 30,000 workers, including over 21,000 full-time employees.
The company's stores offer customers a wide range of products including groceries, bakery items, dairy products, meats and seafood, and health and beauty items. Additionally, many of its stores feature fuel centers, pharmacies, and floral departments. Ingles Markets offers a wide selection of both national and private label brands, including its own flagship brand, Laura Lynn.
Ingles Markets prides itself on exceptional customer service, offering services such as online shopping, home delivery, and in-store pick up. The company also has a customer loyalty program, Advantage Rewards, which offers customers access to exclusive deals, promotions, and coupons.
In addition to its retail supermarket business, Ingles Markets also operates a wholesale milk processing and packaging plant, a milk transport fleet, and a distribution center. The company also owns and operates a network of gas stations and convenience stores under the Quick Marts banner.
The company has received many awards and recognitions over the years, including being named one of America's Most Trustworthy Companies by Forbes magazine in both 2016 and 201 Furthermore, the company has a long history of investing in the communities in which it operates, supporting local charities, schools, and non-profit organizations.
Overall, Ingles Markets Incorporated is a well-respected and successful supermarket chain with deep roots in the Southeastern United States. With a dedication to customer service, a commitment to quality products, and a focus on community involvement, Ingles is a strong and viable company that is poised for continued growth in the years to come.
Company Address: 2913 U.S. Hwy. 70 West Black Mountain 28711 NC
Company Phone Number: 669-2941 Stock Exchange / Ticker: NASDAQ IMKTA
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