Added to YB: 2025-08-14
Pitch date: 2025-08-13
IMKTA [neutral]
Ingles Markets, Incorporated
+10.21%
current return
Author Info
Buggy Whip Bargains has their heads stuck in 10Ks and 10Qs of 'old world' businesses trading below tangible book value. Opinions expressed here are not recommendations or advice. Do your own research. Sign up for the newsletter.
Company Info
Ingles Markets, Incorporated, together with its subsidiaries, operates a chain of supermarkets in the southeast United States.
Market Cap
$1.4B
Pitch Price
$63.91
Price Target
N/A
Dividend
0.89%
EV/EBITDA
6.65
P/E
25.08
EV/Sales
0.30
Sector
Consumer Staples Distribution and Retail
Category
value
The Deep Value Week – 2025/32 - Ingles Markets (IMKTA) - Reports Lower Q3 Earnings Amid Softer Sales
IMKTA (earnings update): Q3 net income down to $26.2m from $31.7m as sales fell 3% to $1.35bn. Gross profit steady at 24.3% vs 23.7%. 9-month income sharply down to $57.9m from $107.0m with 6% sales decline. Debt reduced to $518m. Three hurricane-damaged stores to reopen 2025-26. P/TB 0.74.
Read full article (1 min)