Ingles Markets, Inc. yesterday posted a net sales increase of 13.0 percent, to $842.8 million for the quarter ended Sept. 27, 2008, vs. $746.0 million for the year-ago period.
Grocery segment comparable-store sales climbed 13.0 percent in the quarter thanks to a rise in average weekly customer visits and the average purchase amount, Ingles said. Excluding gas, comps were up 7.8 percent compared with last year's fourth quarter.
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Grocery segment comparable-store sales climbed 13.0 percent in the quarter thanks to a rise in average weekly customer visits and the average purchase amount, Ingles said. Excluding gas, comps were up 7.8 percent compared with last year's fourth quarter.
Read the rest of the story.....