NASDAQ$IMKTA
Ingles Markets Incorporated · Q1 2021 earnings
Q1 2021 earnings · · Investor relations
Briefing
Ingles reported increased sales and net income for the first quarter of fiscal year 2021.
Ingles Markets reported a strong first quarter in fiscal year 2021, with net sales reaching $1.19 billion, a 10.4% increase compared to the previous year, and net income totaling $53.8 million, significantly higher than the $17.7 million reported in the same quarter of the previous year.
- Net sales increased by 10.4% to $1.19 billion compared to the same quarter last year.
- Gross profit increased to $314.2 million, representing 26.4% of sales.
- Net income rose significantly to $53.8 million, compared to $17.7 million in the previous year's quarter.
- Basic earnings per share for Class A Common Stock were $2.73, up from $0.90 in the prior year.
Headline financials
Revenue & EPS history
Ingles · Revenue · Quarterly
$1.19B
Forward guidance
Ingles believes its financial resources will be sufficient to meet planned capital expenditures, debt service and working capital requirements for the foreseeable future. However, the Company cannot predict the impact of the pandemic on future periods.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2021
+1.8%
Avg return
Earnings day
+1.9%
Avg return
5 days after
+2.8%
Avg return
30 days after
62%
40 / 65 earnings
Positive
+16.2%
Q3 2018
Best reaction
-13.2%
Q1 2020
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q2 2026 | -3.2% | -4.7% | +3.0% | |
| Q1 2026 | +1.3% | +2.1% | +2.5% | |
| Q4 2025 | +0.4% | -2.5% | -8.8% | |
| Q3 2025 | -2.6% | +1.5% | +11.4% | |
| Q2 2025 | +0.9% | -3.6% | -2.7% | |
| Q1 2025 | -1.5% | -2.8% | -6.8% | |
| Q4 2024 | -3.8% | -2.7% | -1.0% | |
| Q3 2024 | -0.0% | -3.0% | -2.9% | |
| Q2 2024 | +0.2% | +3.8% | -3.3% | |
| Q1 2024 | -4.5% | -7.8% | -7.6% | |
| Q4 2023 | +1.8% | +4.5% | +7.7% | |
| Q3 2023 | -2.2% | -3.6% | -9.4% | |
| Q2 2023 | -10.3% | -11.1% | -8.6% | |
| Q1 2023 | -2.2% | -3.0% | -2.8% | |
| Q4 2022 | +1.0% | +2.3% | +1.6% | |
| Q3 2022 | +0.3% | -2.3% | -9.6% | |
| Q2 2022 | -3.1% | -0.8% | -6.8% | |
| Q1 2022 | +7.3% | +9.6% | +21.7% | |
| Q4 2021 | -2.5% | -2.3% | +9.7% | |
| Q3 2021 | +10.1% | +13.2% | +21.2% | |
| Q2 2021 | +5.1% | +4.3% | +1.6% | |
| Q1 2021 | +5.7% | +10.0% | +23.7% | |
| Q4 2020 | +14.2% | +9.5% | +14.7% | |
| Q3 2020 | +7.7% | +5.5% | -2.1% | |
| Q2 2020 | +15.5% | +16.5% | +11.2% | |
| Q1 2020 | -13.2% | -15.3% | -9.0% | |
| Q4 2019 | +4.3% | +3.2% | +3.4% | |
| Q3 2019 | +4.7% | +7.6% | +26.4% | |
| Q2 2019 | +5.4% | +9.9% | +9.3% | |
| Q1 2019 | +2.8% | +3.0% | +2.1% | |
| Q4 2018 | +7.0% | +11.4% | +2.1% | |
| Q3 2018 | +16.2% | +14.4% | +16.2% | |
| Q2 2018 | -6.5% | -7.9% | -6.9% | |
| Q1 2018 | +1.3% | +4.2% | +11.8% | |
| Q4 2017 | +13.0% | +16.8% | +26.2% | |
| Q3 2017 | -0.3% | -8.8% | -23.9% | |
| Q2 2017 | +0.7% | -3.2% | -9.7% | |
| Q1 2017 | +4.8% | -1.2% | +1.4% | |
| Q4 2016 | +7.0% | +5.1% | +0.2% | |
| Q3 2016 | +4.1% | +3.0% | +6.0% | |
| Q2 2016 | +6.2% | — | — | |
| Q1 2016 | +0.6% | — | — | |
| Q4 2015 | -12.4% | — | — | |
| Q3 2015 | +8.7% | — | — | |
| Q2 2015 | +11.5% | — | — | |
| Q1 2015 | -3.8% | — | — | |
| Q4 2014 | +5.4% | — | — | |
| Q3 2014 | -1.5% | — | — | |
| Q2 2014 | +13.6% | — | — | |
| Q1 2014 | -0.3% | — | — | |
| Q4 2013 | +1.1% | — | — | |
| Q3 2013 | -0.2% | — | — | |
| Q2 2013 | +1.2% | — | — | |
| Q1 2013 | +0.1% | — | — | |
| Q4 2012 | -0.1% | — | — | |
| Q3 2012 | +2.1% | — | — | |
| Q2 2012 | -2.1% | — | — | |
| Q1 2012 | +0.3% | — | — | |
| Q4 2011 | +0.6% | — | — | |
| Q3 2011 | -2.3% | — | — | |
| Q2 2011 | -3.9% | — | — | |
| Q1 2010 | +6.2% | — | — | |
| Q4 2010 | +3.0% | — | — | |
| Q3 2010 | -0.9% | — | — | |
| Q2 2010 | -2.1% | — | — |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro