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Ingles Markets Reports Q4 Net Sales Of $1.4B Lower Than $1.58B, Diluted Losses Per Share Was $0.08

Author: Benzinga Newsdesk | December 27, 2024 08:36am

For the quarter and year ended September 28, 2024, the Company recognized an impairment loss of $30.4 million related to inventory damaged or destroyed by Hurricane Helene. 

Additionally, the Company also recognized a property and equipment impairment loss of $4.5 million for the quarter and year ended September 28, 2024.

Posted In: IMKTA


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