IMKTA Stock Recent News

Ingles Markets, Incorporated (NASDAQ:IMKTA) is an American supermarket chain that operates approximately 200 supermarkets in six southeastern states.

As investors await a key monetary policy announcement from the Federal Reserve later this week, U.S. market indexes recorded a mixed performance on Tuesday.

March Quarter +40% YoY EPS, +16.3% YoY net sales. 8.9x P/E on FY2022 estimates.

Ingles Markets has performed well in recent months in virtually every manner possible. Fundamentally, the company looks robust and this strength is likely to continue moving forward.