Ingles Posts Sales Gains, Boosts Cap-Ex

ASHEVILLE, N.C. Ingles Markets here last week said it plans to continue increasing its capital expenditures over the next few years. In a conference call discussing its fourth-quarter earnings, Robert P. Ingle, chief executive officer, said the company expects to spend $100 million in fiscal 2007, compared with $94.3 million in fiscal 2006 and $59.9 million in fiscal 2005. We found some great locations,

ASHEVILLE, N.C. — Ingles Markets here last week said it plans to continue increasing its capital expenditures over the next few years.

In a conference call discussing its fourth-quarter earnings, Robert P. Ingle, chief executive officer, said the company expects to spend $100 million in fiscal 2007, compared with $94.3 million in fiscal 2006 and $59.9 million in fiscal 2005.

“We found some great locations, and we have got some ambitious plans for some new stores,” he sa

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