Ingles Markets Inc
NASDAQ:IMKTA
Gross Margin
Ingles Markets Inc
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Gross Margin Across Competitors
| Country | Company | Market Cap |
Gross Margin |
||
|---|---|---|---|---|---|
| US |
|
Ingles Markets Inc
NASDAQ:IMKTA
|
1.2B USD |
24%
|
|
| ZA |
S
|
Shoprite Holdings Ltd
JSE:SHP
|
148.7B Zac |
24%
|
|
| CA |
|
Loblaw Companies Ltd
TSX:L
|
68.4B CAD |
32%
|
|
| CA |
|
Alimentation Couche-Tard Inc
TSX:ATD
|
65.7B CAD |
18%
|
|
| US |
|
Kroger Co
NYSE:KR
|
45.8B USD |
23%
|
|
| UK |
|
Tesco PLC
LSE:TSCO
|
28.4B GBP |
8%
|
|
| NL |
|
Koninklijke Ahold Delhaize NV
AEX:AD
|
31.7B EUR |
26%
|
|
| JP |
|
Seven & i Holdings Co Ltd
TSE:3382
|
5.1T JPY |
29%
|
|
| IN |
|
Avenue Supermarts Ltd
NSE:DMART
|
2.8T INR |
15%
|
|
| ZA |
P
|
Pick N Pay Stores Ltd
JSE:PIK
|
28.2B Zac |
18%
|
|
| AU |
|
Woolworths Group Ltd
ASX:WOW
|
39.7B AUD |
27%
|
Ingles Markets Inc
Glance View
Ingles Markets Inc., a venerable player in the regional grocery landscape, roots its operations deeply in the southern United States, blending traditional supermarket offerings with a community-focused spirit. Established in 1963 by Robert Ingles, it carved a niche by serving the small towns and rural areas of North Carolina and expanding gradually across the Southeast. Its business model hinges on operating its own supermarkets and shopping centers, capitalizing on real estate investments that enhance its asset base and provide stable rental income. This dual approach not only fortifies its retail operations but also diversifies its revenue streams. By strategically placing its stores to capture a loyal, localized clientele, Ingles secures a steady flow of foot traffic, cementing its standing within the communities it serves. Fundamentally, Ingles Markets generates revenue through the direct sale of grocery products, including fresh produce, meat, dairy, and bakery items, alongside general merchandise. Its stores are designed to cater to a variety of customers’ needs, often providing additional services such as pharmacies, fuel stations, and delis. This comprehensive service offering entices shoppers to choose Ingles as a one-stop-shop destination, thus boosting its per-customer sales. Competitive pricing, driven by efficient supply chain management and strategic supplier relationships, further enhances its profitability. Ingles also operates a robust private label program, which bolsters margins by offering exclusive high-quality products at lower prices. Coupled with savvy marketing and community engagement efforts, Ingles Markets continues to sustain a solid financial performance, balancing traditional grocery excellence with modern market demands.
See Also
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Based on Ingles Markets Inc's most recent financial statements, the company has Gross Margin of 23.5%.
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