INGLES MARKETS INC
Close on Oct 19, 2026
- Market cap
- –
- P/E (TTM)
- –
- Dividend yield
- –
About Ingles Markets
Retail-Grocery Stores, SIC 5411
Ingles Markets, Incorporated operates a supermarket chain offering groceries, perishables, and non-food items to retail customers. Its product offerings include meat, produce, dairy, frozen items, baked goods, prepared meals, and organic products, alongside private-label merchandise. The company also provides on-site pharmacies, fuel stations, and curbside pickup services. In addition to its primary retail grocery business, the company runs a milk processing plant supplying external retailers and distributors, while leasing commercial space in its shopping centers.
Headquartered near Asheville, North Carolina, the company conducts its business in the southeastern United States. It operates 194 supermarkets across six states, consisting of 185 stores under the Ingles banner and nine under the Sav-Mor name, situated in North Carolina, Georgia, South Carolina, Tennessee, Virginia, and Alabama. The business also maintains 112 pharmacies, 106 fuel stations, and a 1.65 million square foot warehouse and distribution complex in North Carolina.
Summary of the business section of Ingles Markets's latest annual report, written by StockData.
Company profile
Company
- Legal name
- INGLES MARKETS INC
- Founded
- 1965
- Headquarters
- Asheville, NC
- Address
- Po Box 6676 28816
- Phone
- (828) 669-2941
- Website
- ingles-markets.com
- Employees
- 25,551, Sep 27, 2025
- Industry
- Retail-Grocery Stores
- Incorporated in
- North Carolina
- Fiscal year ends
- September 26
- Auditor
- DELOITTE & TOUCHE LLP, Charlotte, North Carolina
Stock & identifiers
- Ticker
- IMKTA
- Exchange
- Nasdaq
- IPO date
- Sep 22, 1987
- Shares outstanding
- 19M, Aug 4, 2026
- Public float
- $938.10M, Mar 29, 2025
- Filer category
- Large accelerated filer
- SEC CIK
- 50493
- CUSIP
- 457030104
- ISIN
- US4570301048
- LEI
- 549300XH5RYBMYP8TF26
- EIN
- 56-0846267
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Kevin Jerry Hefner | Director | – |
| Rory A. Held | Director | 430,178 |
| Dwight L. Jacobs | Director | 500 |
| Larry Keith Collins | Director | 899 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2024 James W. Lanning | $3.13M | $3.13M | $2.87M | $212 | $168 |
| FY2023 James W. Lanning | $3.29M | $3.29M | $3.05M | $213 | $131 |
| FY2022 James W. Lanning | $2.51M | $2.51M | $1.75M | $229 | $117 |
| FY2021 James W. Lanning | $2.12M | $2.12M | $1.58M | $182 | $118 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“At September 27, 2025, the Company had approximately 25,551 associates, of which 92% were supermarket personnel.”
Corporate history
Events identified from SEC filings