Ingles Markets Incorporated

NASDAQ IMKTA

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Ingles Markets Incorporated Market Capitalization on June 03, 2024: USD 1.34 B

Ingles Markets Incorporated Market Capitalization is USD 1.34 B on June 03, 2024, a -12.12% change year over year. Market capitalization is a financial metric that represents the total value of a publicly traded company. It is calculated by multiplying the current share price of a company by the total number of outstanding shares. Market capitalization is used to assess the size and relative value of a company in the stock market. It provides investors with an idea of the company's overall worth and is often used as a basis for comparing companies within the same industry or sector. A higher market capitalization generally indicates a larger, more established company.
  • Ingles Markets Incorporated 52-week high Market Capitalization is USD 1.66 B on January 02, 2024, which is 23.44% above the current Market Capitalization.
  • Ingles Markets Incorporated 52-week low Market Capitalization is USD 1.11 B on February 14, 2024, which is -17.61% below the current Market Capitalization.
  • Ingles Markets Incorporated average Market Capitalization for the last 52 weeks is USD 1.48 B.
NASDAQ: IMKTA

Ingles Markets Incorporated

CEO Mr. James W. Lanning
IPO Date March 26, 1990
Location United States
Headquarters 2913 U.S. Hwy., Asheville, NC, United States, 28711
Employees 11,625
Sector Consumer Defensive
Industry Grocery stores
Description

Ingles Markets, Incorporated, together with its subsidiaries, 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 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. The company operates under the Ingles and Sav-Mor brand names. Ingles Markets, Incorporated was founded in 1963 and is headquartered in Asheville, North Carolina.

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StockViz Staff

September 16, 2024

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