Ingles Markets' net income increased 14.9% in the first half of fiscal 2013 compared with the first half of fiscal 2012, to $19.7 million. The retailer saw higher net income and sales in the half and in its fiscal second quarter, which ended March 30. "We celebrated the 50th anniversary of the first Ingles store. ... These results are a fine tribute to our customers and associates, who are the reason for our success over five decades," CEO Robert Ingle II said.

Full Story:
Progressive Grocer

Related Summaries