The Latest Breaking News from Ingles Markets Incorporated

Due to the inelastic demand for its goods, the grocery retail sector has stayed afloat amid the prevailing macroeconomic challenges. Therefore, it could be wise to pay attention to Costco Wholesale (COST), Dollarama (DLMAF), Kroger Co. (KR), and Ingles Markets (IMKTA). Read on….

The grocery retail industry could be a great investment destination amid the uncertain economic conditions due to the inelastic demand for its products. Therefore, quality grocery stocks currently leading the market this month, Casey's General Stores (CASY), George Weston (WNGRF), and Ingles Markets (IMKTA) could be solid portfolio additions. Read…

High inflation dampened consumer demand, as retail sales declined sequentially in December. However, with inflation starting to ease and the odds of a recession declining, consumer spending could rise this year. Therefore, investors could look to buy fundamentally strong big box retailers Albertsons Companies (ACI), Casey's General Stores (CASY), and…

Market volatility is rife amid widespread macro headwinds. However, experts believe the U.S. economy might avoid a recession. Also, analysts are bullish on the performance of small-cap stocks. Therefore, quality small-cap stocks Yelp (YELP) and Ingles Markets (IMKTA) could be ideal buys for 2023. Keep reading….

Markets will likely remain extremely volatile ahead of the November Consumer Price Index (CPI) report and the Fed’s December policy decisions. Overall, the odds of the economy sliding into a recession are increasing. Given the uncertain economic backdrop, we think it could be wise to invest in fundamentally strong stocks…

In the face of soaring inflation and repeated rate hikes, benchmark indices have witnessed an apparent freefall in 2022. However, investor sentiment toward consumer staples stocks remains intact. Therefore, fundamentally sound consumer staples stocks Casey's General Stores (CASY) and Ingles Markets (IMKTA) could be ideal buys in a challenging market.…

With Americans cutting back on their shopping, big box retailers face overstocking issues. However, the upcoming holiday season might help them make a comeback. Therefore, investors could consider adding fundamentally strong big-box retail stocks Walmart (WMT), Kroger (KR), Casey's (CASY), and Ingles Markets (IMKTA) to their watchlists. Read on….

Various headwinds, including the widespread fears of a recession, have kept the market clenched in a bear grip. Amid this backdrop, resilient stocks Pfizer (PFE), Waste Management (WM), and Ingles Markets (IMKTA), which belong to essential sectors and possess inelastic demand for their products or services, could be appropriate additions…

Though high inflation and supply chain constraints continue to trouble the retail sector, resilient consumer spending should help fundamentally sound companies stay afloat. Therefore, even amid these challenging times, it could be wise to invest in quality retail stocks Sprouts Farmers (SFM) and Ingles Markets (IMKTA). Read more….