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    Ingles Markets, Incorporated Reports Second Quarter Results

    Net sales totaled $2.00 billion and net income totaled $54.4 million for the six months ended March 31, 2018, compared with $1.93 billion and $23.0 million, respectively, for the six months ended March 25, 2017. Fiscal year 2018 net income was impacted by the passage of the Tax Cuts and Jobs Act of 2017 (Tax Act).