NASDAQ$IMKTA

Ingles Markets Incorporated · Q2 2021 earnings

Q2 2021 earnings · · Investor relations

Briefing

Increased sales and net income were reported for Q2 2021.

Ingles Markets reported a net sales increase of 3.4% and a net income increase for the quarter ended March 27, 2021.

  • Net sales totaled $1.18 billion, a 3.4% increase compared to the same quarter last year.
  • Gross profit totaled $310.5 million, representing 26.2% of sales.
  • Net income totaled $52.2 million, compared to $40.3 million for the same period last year.
  • Basic earnings per share for Class A Common Stock were $2.65, compared to $2.04 last year.

Headline financials

Total Revenue

$1.18B

Previous: $1.15B+3.4%
EPS (adj)

$2.58

Previous: $1.99+29.6%
Total Debt

$648M

No prior period
Capital Expenditures

-$69.4M

Previous: -$56.8M-22.2%
Free Cash Flow

-$17.3M

Previous: -$16.5M-4.4%
Net Income

$52.2M

Previous: $40.3M+29.5%
Operating Income

$74.3M

Previous: $63.3M+17.4%
Gross Profit

$311M

Previous: $292M+6.5%
Cash & Equivalents

$8.86M

Previous: $145M-93.9%
Total Assets

$1.93B

Previous: $1.96B-1.6%

Revenue & EPS history

Ingles · Revenue · Quarterly

$1.18B

Q2 2021+3.4%vs Q2 2020
Beat estimate in 0 of 2 quarters(0%)
ActualEstimate

Forward guidance

The company could not 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 2021

Historical avgQ2 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

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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