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WEST PALM BEACH, Fla.--(BUSINESS WIRE)--Summer Road LLC (“Summer Road” or “we”) today issued the following statement in response to Ingles Markets, Incorporated's (NASDAQ: IMKTA) (“Ingles” or the “Company”) repeated dishonest and misleading public statements. “The Company's daily, disjointed attacks on Summer Road should make shareholders question the judgment of the incumbent Board and its vehement opposition to…

ASHEVILLE, N.C.--(BUSINESS WIRE)--Ingles Markets, Incorporated (NASDAQ: IMKTA) today issued the following statement in response to what the Company believes are misleading claims that Rory Held would serve effectively as an independent director at Ingles Markets: Summer Road's proxy solicitation materials have claimed that Rory Held would serve as an independent voice in the Ingles boardroom, but that is…

ASHEVILLE, N.C.--(BUSINESS WIRE)--Ingles Markets, Incorporated (NASDAQ: IMKTA) today issued the following statement in response to misleading claims made by Summer Road LLC in its presentation published April 6, 2026 regarding Ingles' real estate portfolio: Summer Road has a fundamentally flawed understanding of Ingles' real estate portfolio. Further, the strategy it is proposing in connection with its attempt to…

ASHEVILLE, N.C.--(BUSINESS WIRE)--Ingles Markets, Incorporated (NASDAQ: IMKTA) today mailed a letter to shareholders in connection with its upcoming Annual Meeting of Shareholders (“Annual Meeting”) scheduled to be held on April 30, 2026. The full text of the letter follows: Dear Fellow Ingles Shareholders, Ingles Markets' 2026 Annual Meeting of Shareholders is rapidly approaching, and your vote is critical to the…

Ingles Markets remains a 'strong buy' after a 28.9% share price surge, far outperforming the S&P 500's decline. IMKTA posted robust Q1 2026 results: revenue up 6.6% to $1.37B, net income up to $28.1M, and EBITDA up to $74.8M. Despite hurricane-related store closures, IMKTA's comparable store sales and margins improved, with cost controls enhancing profitability.