INGLES MARKETS REPORTS 6.5% COMPS

ASHEVILLE, N.C. -- Ingles Markets here reported a comparable-store sales increase of 6.5% during its fiscal third quarter ended June 26.troubled competitors, reduced costs, and improved performance in customer loyalty and perishable sales, said Brenda Tudor, Ingles' chief financial officer, in a conference call. For the nine-month period, sales were up 7.1% to $1.6 billion, and comps were up by 6.2%,

ASHEVILLE, N.C. -- Ingles Markets here reported a comparable-store sales increase of 6.5% during its fiscal third quarter ended June 26.

troubled competitors, reduced costs, and improved performance in customer loyalty and perishable sales, said Brenda Tudor, Ingles' chief financial officer, in a conference call. For the nine-month period, sales were up 7.1% to $1.6 billion, and comps were up by 6.2%, Ingles said. Net income increased 101.2% to $17.2 million.

According to Tudo

Register to view the full article

Already a member? .

TAGS: Walmart