NASDAQ$IMKTA

Ingles Markets Incorporated · Q2 2020 earnings

Q2 2020 earnings · · Investor relations

Briefing

Ingles Markets, Incorporated reported increased sales and net income for the second quarter of fiscal year 2020.

Ingles Markets reported a strong second quarter with net sales reaching $1.14 billion, a notable increase from $1.00 billion in the same quarter of the previous year. Net income also saw a significant rise, totaling $40.3 million compared to $15.0 million in the second quarter of fiscal year 2019.

  • Net sales for the second quarter of fiscal 2020 reached $1.14 billion, up from $1.00 billion in fiscal 2019.
  • Retail comparable store sales, excluding gasoline, increased by 17.5%.
  • Net income for the quarter totaled $40.3 million, a significant increase from $15.0 million in the same period last year.
  • Basic earnings per share for Class A Common Stock were $2.04, compared to $0.76 in the previous year.

Headline financials

Total Revenue

$1.15B

Previous: $1B+14.3%
EPS (adj)

$1.99

Previous: $0.74+168.9%
Capital Expenditures

-$56.8M

Previous: -$94.2M+39.7%
Free Cash Flow

-$16.5M

Previous: -$79.2M+79.1%
Net Income

$40.3M

Previous: $15M+168.6%
Operating Income

$63.3M

Previous: $30.7M+105.9%
Gross Profit

$292M

Previous: $244M+19.4%
Cash & Equivalents

$145M

Previous: $16.7M+769.1%
Total Assets

$1.96B

Previous: $1.84B+6.6%

Revenue & EPS history

Ingles · Revenue · Quarterly

$1.15B

Q2 2020+14.3%vs Q2 2019
Beat estimate in 0 of 1 quarters(0%)
ActualEstimate

Forward guidance

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 Q2 2020

Historical avgQ2 2020

+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

Earnings price reactions
QuarterReport dateReaction (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%

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