Ingles Markets, Incorporated (IMKTA) NASDAQ

68.71

+1.55(+2.31%)

Updated at September 26 04:00PM

Currency In USD

Ingles Markets, Incorporated

Address

2913 U.S. Hwy.

Asheville, NC 28711

United States of America

Phone

828 669 2941

Sector

Consumer Defensive

Industry

Grocery Stores

Employees

11072

First IPO Date

September 22, 1987

Key Executives

NameTitlePayYear Born
Mr. James W. LanningChief Executive Officer, Chief Operating Officer, President & Director3.13M1959
Mr. Michael David HoganPresident of Milkco435,4501983
Ms. Patricia E. Jackson CPAChief Financial Officer, Vice President of Finance & Director743,6691966
Catherine L. Phillips CPAController0N/A
Ms. Cynthia L. BrooksVice President of Human Resources01963

Description

Ingles Markets, Incorporated operates a chain of supermarkets in the southeast United States. It offers food products, including grocery, meat and dairy products, produce, frozen foods, and other perishables; and non-food products, which include fuel centers, pharmacies, health and beauty care products, and general merchandise, as well as private label items. The company also owns and operates a milk processing and packaging plant that supplies organic milk, fruit juices, and bottled water products to other retailers, food service distributors, and grocery warehouses. In addition, it provides home meal replacement items, delicatessens, bakeries, floral departments, and greeting cards, as well as broad selections of local organic, beverage, and health-related items. As of September 25, 2021, the company operated 189 supermarkets under the brand name Ingles, and nine supermarkets under the brand name Sav-Mor in western North Carolina, western South Carolina, northern Georgia, eastern Tennessee, southwestern Virginia, and northeastern Alabama, as well as 111 pharmacies and 107 fuel stations. Ingles Markets, Incorporated was founded in 1963 and is headquartered in Asheville, North Carolina.