INGLES PROFIT INCREASES 51% IN THIRD QUARTER

BLACK MOUNTAIN, N.C. -- Ingles Markets here said net income rose 51.2% to $4.6 million in the third quarter ended June 25.eriod. Ingles did not release quarterly same-store sales results.Robert Ingle, chairman and chief executive officer, said this was the ninth consecutive quarter Ingles has reported increased sales and the seventh straight quarter of higher net income."We attribute our success to

BLACK MOUNTAIN, N.C. -- Ingles Markets here said net income rose 51.2% to $4.6 million in the third quarter ended June 25.

eriod. Ingles did not release quarterly same-store sales results.

Robert Ingle, chairman and chief executive officer, said this was the ninth consecutive quarter Ingles has reported increased sales and the seventh straight quarter of higher net income.

"We attribute our success to the continuation of the lower-price strategy on dry grocery goods

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