| Business Summary | | Ingles
Markets,
Inc.,
a
leading
supermarket
chain
in
the
Southeast,
operates
208
supermarkets
in
Georgia
(84),
North
Carolina
(63),
South
Carolina
(32),
Tennessee
(25),
Virginia
(3)
and
Alabama
(1).
The
Company's
strategy
is
to
locate
its
supermarkets
primarily
in
suburban
areas,
small
towns
and
rural
communities.
Ingles
supermarkets
offer
customers
a
wide
variety
of
nationally
advertised
food
products,
including
grocery,
meat
and
dairy
products,
produce,
frozen
foods
and
other
perishables
and
non-food
products,
including
health
and
beauty
care
products
and
general
merchandise,
as
well
as
quality
private
label
items. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Ingles
Markets,
Inc.
is
a
supermarket
chain
operating
209
stores
in
NC,
SC,
GA,
TN,
VA,
and
AL.
For
the
39
weeks
ended
6/30/01,
revenues
increased
4%
to
$1.46
billion.
Net
income
decreased
20%
to
$13.5
million.
Revenues
reflect
increased
comparable
store
sales
and
an
effective
marketing
campaign.
Earnings
were
offset
by
increased
salaries
and
wages,
utilities
and
fuel,
repairs
and
maintenance,
equipment
rent,
and
higher
debt
levels. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Robert Ingle, 67 Chairman,
CEO | $172K | Vaughn Fisher, 62 Pres,
COO, Director | 379K | Brenda Tudor, 43 VP-Fin.,
CFO, Treasurer, Director | -- | Robert Ingle, II, 32 VP
- Operations | -- | Anthony Federico, 41 VP
- Non-Foods, Director | 194K | Dollar amounts are as of 30-Sep-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|