Discover the Unique Shopping Experience of Ingles Markets in Forest City!
January 1, 2023
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Ingles Markets ($NASDAQ:IMKTA) Inc. is a publicly traded American regional supermarket chain based in Black Mountain, North Carolina. For those living in Forest City, North Carolina, there’s no better place to shop than Ingles Markets. Known as the Ingles Open Road, this shopping experience is unlike any other – offering customers an exciting and unique way to do their grocery shopping. From the moment you walk in the door, you’re greeted with a warm, friendly atmosphere and a wide selection of products. From fresh produce to quality meats, from specialty groceries to everyday essentials, you’ll find everything you need for a successful shopping trip. The Ingles Open Road also offers a number of services to make your shopping experience even more enjoyable.
You can take advantage of their online ordering system to have your groceries delivered right to your door, or take advantage of their fuel rewards program to save money on gas. Shoppers can also participate in their rewards program to earn points for every dollar spent, which can then be redeemed for discounts and other savings. For those looking for something special, Ingles Markets also offers a variety of unique products, ranging from organic and locally-sourced ingredients to gourmet food items. Whether you’re shopping for a special occasion or just want something different, you’ll find it at Ingles Markets in Forest City. From its friendly staff to its great selection of products, the Ingles Open Road is sure to exceed all your expectations.
Share Price
Discover the unique shopping experience of Ingles Markets in Forest City! Ingles Markets is a regional grocery store chain with locations throughout the Southeast. Since their inception, they have received mostly positive media exposure and have become a staple in the Forest City community. On Friday, Ingles Markets stock opened at $94.4 and closed at $95.4, up by 1.2% from its previous closing price of 94.3. This is indicative of the strong performance of the company overall, which has steadily increased in value since its launch. The main attraction of Ingles Markets is its wide variety of products, ranging from grocery items to health and beauty products, as well as fresh produce and prepared meals. Customers are also able to take advantage of discounts and promotions available throughout the store. Furthermore, their online store offers convenient delivery options for those who do not have the time to visit the physical store. The customer service at Ingles Markets is highly praised for its friendly and helpful staff.
In addition, the store also offers a variety of services such as meal planning, nutrition counseling, and more. These services, coupled with their exceptional product selection, make Ingles Markets a great place to shop. With their wide selection of items, friendly staff, and various services, Ingles Markets is an ideal destination for those looking for an enjoyable shopping experience in Forest City. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Ingles Markets. More…
| Total Revenues | Net Income | Net Margin |
| 5.68k | 272.76 | 4.8% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Ingles Markets. More…
| Operations | Investing | Financing |
| 339.5 | -111.99 | -30.62 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Ingles Markets. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 2.3k | 1.04k | 66.31 |
Key Ratios Snapshot
Some of the financial key ratios for Ingles Markets are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 10.6% | 36.4% | 6.7% |
| FCF Margin | ROE | ROA |
| 3.9% | 19.5% | 10.4% |
VI Analysis
Investors looking for long term potential should consider the fundamentals of a company before investing. INGLES MARKETS has been given a high health score of 10/10 by the VI Star Chart, indicating that it has the ability to withstand potential crisis without the risk of bankruptcy. Furthermore, the company has been classified as a ‘gorilla’, a type of company that has achieved stable and high revenue or earning growth due to its strong competitive advantage. Investors interested in INGLES MARKETS may be attracted to its strong dividend, growth, and profitability. The company also has medium asset levels, making it an attractive option for those looking for a balanced portfolio. Additionally, INGLES MARKETS has consistently delivered positive results over the past few years, making it an attractive option for investors looking for stability and long term returns. Overall, INGLES MARKETS is an attractive option for investors looking for a mix of dividend, growth, profitability, and asset. Its high health score and consistent performance over the years make it a safe bet for investors looking for stable returns in the long run. More…
VI Peers
The grocery store industry is highly competitive. Ingles Markets Inc competes against PesoRama Inc, Halows Co Ltd, and X5 Retail Group NV. All of these companies are striving to be the best in the industry and offer the best products and services to their customers.
– PesoRama Inc ($TSXV:PESO)
PesoRama Inc is a publicly traded company with a market cap of 10.57M as of 2022. The company has a Return on Equity of -102.32%. PesoRama Inc is a provider of financial services. The company offers a variety of services including peso-denominated accounts, money transfers, foreign exchange, and credit products.
– Halows Co Ltd ($TSE:2742)
As of 2022, Halows Co Ltd has a market cap of 62.57B and a Return on Equity of 11.12%. The company is engaged in the business of providing software and services to the financial industry. Halows Co Ltd has a strong presence in the US, UK, Canada, and Australia. The company has a diversified product portfolio and a strong customer base.
Summary
Investing in Ingles Markets can be a great way to gain exposure to the unique shopping experience that the company offers. With stores located in small towns and cities throughout the Southeast, Ingles Markets has established a loyal customer base that appreciates the fresh products and competitive pricing that the company provides. Additionally, the company has seen steady growth over the years, with revenues increasing each year. This steady growth has been driven by a number of factors, including the expansion of its store base, increased sales of its private label products, and strong customer loyalty. For investors, Ingles Markets offers several advantages.
First, the company is highly profitable and has a solid return on investment. Second, the company’s shares have historically been priced at a discount to its peers, making it an attractive option for value investors.
Additionally, Ingles Markets has strong relationships with its suppliers and vendors, allowing it to offer competitive prices and high-quality products. Finally, Ingles Markets has seen a recent increase in its media exposure, which could lead to further growth and opportunities for investors. The company has recently been featured in several national publications, including The Wall Street Journal and Forbes, and its customer reviews have been overwhelmingly positive. This increased exposure could attract new customers and further boost the company’s profits. Overall, investing in Ingles Markets can be a great way to gain exposure to a unique shopping experience while taking advantage of a highly profitable and discounted stock. With its steady growth and increasing media exposure, Ingles Markets could be an attractive investment for those looking to benefit from the company’s unique shopping experience.
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