Ingles Markets Q3 sales rise to $1.37B; quarterly profit slips to $25.9M
Ingles Markets reported third-quarter fiscal 2026 net sales of $1.37 billion, up from $1.35 billion a year earlier, but net income fell slightly to $25.9 million and Class A diluted EPS dipped to $1.36 from $1.38. For the first nine months, net income rose to $78.3 million from $57.9 million, so shareholders see higher sales and a stronger year-to-date profit alongside a small quarterly decline.
Key points
- Q3 net sales of $1.37 billion versus $1.35 billion; gross margin steady at 24.3% of sales
- Q3 net income of $25.9 million versus $26.2 million; Class A diluted EPS of $1.36 versus $1.38
- Nine-month net income of $78.3 million versus $57.9 million; Class A diluted EPS of $4.12 versus $3.05
- Fiscal 2026 capital expenditures expected at about $120 million to $130 million; total debt $500.5 million at June 27, 2026
The filing
Written by AI on Nov 9, 2026, 8:51 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 06, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.