OverviewSuggest Edit

Ingles Markets, Inc. operates a chain of supermarkets in the Southeast United States. The Company's supermarkets offer customers a wide variety of nationally advertised food products, including grocery, meat, produce, deli and bakery as well as pharmacies, health and beauty care products, and general merchandise. As an adjunct to its supermarket business, Ingles owns and operates shopping centers, gas stations and a milk processing and packaging plant.
TypePublic
Founded1963
HQBlack Mountain, NC, US
Websiteingles-markets.com
Employee Ratings3.2
Overall CultureD

Latest Updates

Employees (est.) (Sept 2019)10,260(+4%)
Job Openings78
Revenue (FY, 2019)$4.2 B(+3%)
Share Price (Sept 2021)$65.4
Cybersecurity ratingBMore

Ingles Markets Office Locations

Ingles Markets has offices in Black Mountain and Asheville
Black Mountain, NC, US (HQ)
2913 Old US Hwy 70 W
Show all (2)

Ingles Markets Financials and Metrics

Ingles Markets Revenue

Ingles Markets's revenue was reported to be $4.2 b in FY, 2019
USD

Revenue (Q1, 2021)

1.2b

Gross profit (Q1, 2021)

314.2m

Gross profit margin (Q1, 2021), %

26.4%

Net income (Q1, 2021)

53.8m

Market capitalization (15-Sept-2021)

1.2b

Closing stock price (15-Sept-2021)

65.4

Cash (26-Dec-2020)

10.0m

EV

1.9b
Ingles Markets's current market capitalization is $1.2 b.
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

3.6b3.7b3.7b3.8b3.8b3.8b4.0b4.1b4.2b

Revenue growth, %

3%(1%)0%

Cost of goods sold

2.8b2.9b2.9b3.0b2.9b2.9b3.0b3.1b3.2b

Gross profit

791.9m819.3m827.8m845.2m893.3m924.4m963.6m980.2m1.0b
Annual
USDY, 2009Y, 2010FY, 2011Y, 2011FY, 2012Y, 2012FY, 2013Y, 2013FY, 2014Y, 2014FY, 2015Y, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Cash

59.5m57.9m12.4m12.4m4.7m4.7m16.8m16.8m8.6m8.6m7.5m7.5m5.7m23.9m10.5m42.1m

Accounts Receivable

56.8m61.5m59.9m61.0m66.3m66.3m70.1m72.0m

Prepaid Expenses

16.9m30.4m28.1m14.8m19.9m6.3m44.0m8.9m

Inventories

303.2m329.6m329.7m329.7m329.5m329.5m338.6m338.6m343.9m349.3m372.2m374.1m
Show all financial metrics

Ingles Markets Operating Metrics

FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017Q3, 2017

Fuel Centers

838485858888899393959697

Locations

494649

Pharmacy Stores

969797979797989999101101103

Warehouse Space, sq. ft

1.65 m1.65 m1.65 m
Show all operating metrics

Ingles Markets Revenue Breakdown

Embed Graph

Ingles Markets revenue breakdown by business segment: 96.4% from Retail Grocery Sales and 3.6% from Other

Ingles Markets Cybersecurity Score

Cybersecurity ratingPremium dataset

B

86/100

SecurityScorecard logo

Ingles Markets Online and Social Media Presence

Embed Graph

Ingles Markets Company Culture

  • Overall Culture

    D

    58/100

  • CEO Rating

    C

    66/100

  • Compensation

    D-

    44/100

  • Diversity

    D+

    59/100

Learn more on Comparably

Ingles Markets News and Updates

Applexus Technologies Launches COVID-19 Vaccine Scheduling Solution for Ingles Markets, Inc.

The Applexus Vaccine Appointment module is developed on the SimpleRetail platform to implement major scheduling advancements to modernize the operations and enable on-demand, real-time scheduling for COVID-19 vaccines.

Ingles Markets Frequently Asked Questions

  • When was Ingles Markets founded?

    Ingles Markets was founded in 1963.

  • How many employees does Ingles Markets have?

    Ingles Markets has 10,260 employees.

  • What is Ingles Markets revenue?

    Latest Ingles Markets annual revenue is $4.2 b.

  • What is Ingles Markets revenue per employee?

    Latest Ingles Markets revenue per employee is $409.6 k.

  • Who are Ingles Markets competitors?

    Competitors of Ingles Markets include QVC, 7-Eleven and Coop Group.

  • Where is Ingles Markets headquarters?

    Ingles Markets headquarters is located at 2913 Old US Hwy 70 W, Black Mountain.

  • Where are Ingles Markets offices?

    Ingles Markets has offices in Black Mountain and Asheville.

  • How many offices does Ingles Markets have?

    Ingles Markets has 2 offices.