NASDAQ$IMKTA
Ingles Markets Incorporated · Q3 2022 earnings
Q3 2022 earnings · · Investor relations
Briefing
Ingles Markets reported increased sales for the quarter ended June 25, 2022.
Ingles Markets reported net sales of $1.46 billion for the quarter ended June 25, 2022, compared to $1.28 billion for the quarter ended June 26, 2021. Net income totaled $67.8 million, compared to $72.0 million for the same quarter last year. The decrease in net income is attributed to rising fuel and food costs, supply chain issues, and a competitive labor market.
- Net sales reached $1.46 billion, up from $1.28 billion in the prior year quarter.
- Excluding gasoline sales, total grocery comparable store sales increased by 5.7%.
- Gross profit was $351.9 million, representing 24.1% of sales.
- Net income decreased to $67.8 million, compared to $72.0 million in the same quarter last year due to inflationary pressures and supply chain challenges.
Headline financials
Revenue & EPS history
Ingles · Revenue · Quarterly
$1.46B
Forward guidance
The company expects that its financial resources will be sufficient to meet planned capital expenditures, debt service and working capital requirements for the foreseeable future.
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 Q3 2022
+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% | — | — |
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