Company Data
Ingles Markets Incorporated Class A Common Stock
Ticker
IMKTA
Current Price
$63.94 -1.19%
Market Cap
$1.2B
Price Target
Refer to Report
Volume
21.6K
52wk Range
$59.73 - $82.01
Overview
Ingles Markets Inc is a U.S. based company that is principally engaged in operating a supermarket chain. The company operates business in the southeast United States, mainly in Georgia, North Carolina, South Carolina, and Tennessee, with a few stores in Virginia and Alabama as well. The company locates its stores primarily in suburban areas, small towns and neighborhood areas. It offers a broad range of goods, including food products, pharmacies, health and beauty-care products, and general merchandise. The retail business contributes most of the company’s revenue. The company’s real estate ownership on a material portion of total stores enables it to generate rental income.