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Income Statement
INGLES MARKETS INC (IMKTA)
source: myfinsight.com
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Net sales
$1,346,221,519
(-3.40%↓ Y/Y)
Gain from sale or
disposal of assets
$143,235
(-77.72%↓ Y/Y)
Gross profit
$327,330,170
(-0.74%↓ Y/Y)
Cost of goods sold
$1,018,891,349
(-4.22%↓ Y/Y)
Income from operations
$37,341,660
(-15.42%↓ Y/Y)
Other income, net
$2,769,378
(-22.07%↓ Y/Y)
Operating and
administrative expenses
$290,131,745
(1.36%↑ Y/Y)
Income before income
taxes
$35,254,955
(-16.74%↓ Y/Y)
Interest expense
$4,856,083
(-9.38%↓ Y/Y)
Net income
$26,198,955
(-17.41%↓ Y/Y)
Income tax expense
$9,056,000
(-14.76%↓ Y/Y)
Comprehensive income
$25,111,306
(-20.18%↓ Y/Y)
Other comprehensive
loss, net of tax
-$1,087,649
(-314.17%↓ Y/Y)
Income tax benefit
-$358,000
(-353.16%↓ Y/Y)
Change in fair value of
interest rate swap
-$1,445,649
(-323.19%↓ Y/Y)
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