Ingles Markets, Incorporated Reports Sales and Net Income for First Quarter Fiscal 2018

Gross profit for the December 2017 quarter rose to $244.7 million, or 24.1% of sales. Gross profit for the December 2016 quarter was $237.1 million, also 24.1% of sales. Retail gross margin (excluding gasoline) was unchanged comparing the December 2017 quarter with the December 2016 quarter.

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