Ingles Markets Inc. Overview
Ingles Markets, Inc., a prominent player in the Consumer Staples sector, operates as a supermarket chain across the United States. The company is known for its extensive range of products, including groceries, meats, dairy products, produce, frozen foods, and various perishables and non-food items. As of May 5, 2025, Ingles Markets is listed on the Nasdaq with a close price of $62.44 per share.
Financial Highlights
The company’s market capitalization stands at approximately $1.18 billion USD, reflecting its significant presence in the industry. Over the past year, Ingles Markets has experienced fluctuations in its stock price, reaching a 52-week high of $82.01 on July 31, 2024, and a 52-week low of $58.92 on March 4, 2025. The price-to-earnings ratio is currently 14.94, indicating the market’s valuation of the company relative to its earnings.
Industry Context
Operating within the Consumer Staples Distribution & Retail industry, Ingles Markets plays a crucial role in providing essential goods to consumers. The company’s diverse product offerings cater to a wide range of customer needs, from everyday groceries to specialty items.
Conclusion
Ingles Markets, Inc. continues to be a key player in the supermarket industry, with a strong market presence and a comprehensive product lineup. As the company navigates the dynamic retail landscape, its financial metrics and strategic positioning will be closely watched by investors and industry analysts alike.