Filing Flows › Ingles Markets (IMKTA) › Q2 FY25
Ingles Markets (IMKTA) Q2 FY25 earnings results (second quarter fiscal 2025)
10-Q filed May 8, 2025
Ingles Markets (IMKTA) reported revenue of $1.3B for the second quarter fiscal 2025 (Q2 FY25), -3% from a year earlier and +3% from the quarter before. Operating margin was 1.6%, net earnings $15.1M (1.1% of revenue).
Ingles Markets, Q2 FY25: revenue $1.3B (-3% year over year), operating margin 1.6%, net earnings $15.1M, operating cash flow $63.1M. The chart follows the revenue to costs, profit and cash.
| Q2 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.3B | +3% | -3% |
| Gross profit | $311M | +3% | -3% |
| Operating profit | $21.6M | -8% | -52% |
| Net earnings | $15.1M | -9% | -53% |
| Operating cash flow | $63.1M | — | -10% |
| Free cash flow | $38.9M | — | +10% |
What changed
Revenue was $1.3B in Q2 FY25, down 3% year over year and up 3% from the previous quarter.
Gross margin was 23.4%, down 0.2 points from a year earlier. Operating profit was $0.02B, a 1.6% margin (down 1.7 points year over year). Operating expenses grew 4% against a revenue fall of 3%. Net earnings were $0.02B, down 53% year over year. The effective tax rate was 22.9%.
Operating cash flow was $0.06B (down 10% year over year), 417% of net earnings. Non-cash charges added back $0.03B of depreciation and amortization. Working capital and other items added $0.02B. Capital expenditures of $0.02B left free cash flow of $0.04B.
Questions
What was Ingles Markets' revenue in the second quarter fiscal 2025?
Ingles Markets (IMKTA) reported revenue of $1.3B for the second quarter fiscal 2025 (Q2 FY25), -3% from a year earlier and +3% from the quarter before.
Was Ingles Markets profitable in the second quarter fiscal 2025?
Operating profit was $21.6M (1.6% of revenue) and net earnings $15.1M.
Source: Ingles Markets 10-Q on SEC EDGAR.