AP NEWS

Ingles: Fiscal 1Q Earnings Snapshot

February 6, 2020 GMT

ASHEVILLE, N.C. (AP) _ Ingles Markets Inc. (IMKTA) on Thursday reported fiscal first-quarter earnings of $17.7 million.

On a per-share basis, the Asheville, North Carolina-based company said it had net income of 87 cents.

The grocer posted revenue of $1.08 billion in the period.

Ingles shares have dropped 10% since the beginning of the year. The stock has climbed 46% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on IMKTA at https://www.zacks.com/ap/IMKTA