Q2 sales rebound for Ingles

Q2 sales rebound for Ingles

Sales and profits at Ingles Markets during the fiscal second quarter “rebounded nicely” from a slow start to the year, officials of the retailer said.

For the three-month period ended March 29, Ingles net income increased by 29.2% to $10.5 million on $947.8 million in sales, a 2.9% increase. Same-store sales, when adjusted for the timing of the Easter holiday, improved by 2.5%, Ron Freeman, CFO of the Asheville, N.C.-bas

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