Sales Mix, Volume Drive Ingles’ Q4 Gains

ASHEVILLE, N.C. — Increased store traffic and a more productive sales mix helped Ingles Markets here post gains in sales and earnings for the fourth quarter and fiscal year, the retailer here said Tuesday.

ASHEVILLE, N.C. — Increased store traffic and a more productive sales mix helped Ingles Markets post gains in sales and earnings for the fourth quarter and fiscal year, the retailer said Tuesday.

“Given the extended recession and intensified competition for a smaller amount of consumer dollars, we’re pleased with our growth in sales and customer traffic,” Ron Freeman, chief financial officer, Ingles, said

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