2 stories mentioning IMKTA
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Ingles Markets (IMKTA) shares were down 4.8% in Thursday early trading after the company's fiscal Q2 net sales declined year on year.The company reported fiscal Q2 earnings of $1.28 per diluted share, up from $0.80 a year earlier.Net sales for the quarter ended March 28 were $1.31 billion, down from $1.33 billion a year earlier.Price: $84.21, Change: $-4.20, Percent Change: -4.75%
Consumer stocks were declining pre-bell Monday, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) down 0.2% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) 0.5% lower.Lululemon athletica (LULU) said it has launched its e-commerce platform in Mexico. Lululemon athletica stock was 0.5% lower premarket.Ingles Markets (IMKTA) shareholders are being urged by proxy advisory firms Institutional Shareholder Services, Glass Lewis, and Egan-Jones Ratings to support activist investor Summer Road nominee Rory Held for election to the company's board at its 2026 annual meeting, according to a statement issued by Summer Road. Ingles Markets stock was nearly 2% higher premarket.LCI Industries (LCII) and Patrick Industries (PATK) said they were in discussions regarding a potential business combination. Shares of Patrick Industries were up more than 2% pre-bell.