Ingles Markets Faces Nasdaq Submitting Delay Resulting from Hurricane

Ingles Markets ( (IMKTA) ) has revealed an announcement.

Ingles Markets introduced that it acquired discover from Nasdaq because of a delay in submitting its annual report for the fiscal 12 months ending September 28, 2024. The delay, attributed to the affect of Hurricane Helene, didn’t didn’t have an effect on the instant itemizing of its class on Nasdaq. A typical share. The corporate has till February 18, 2025 to adjust to Nasdaq submitting necessities or submit a compliance plan. Ingles Markets intends to file the report throughout the 60-day interval to revive compliance.

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Ingles Markets, Integrated is a number one grocery retailer working 198 supermarkets in six southeastern states, headquartered in Asheville, North Carolina. The corporate additionally runs neighborhood procuring facilities and has a fluid dairy which provides each Ingles supermarkets and different prospects.

12 months-to-date worth efficiency: -23.43%

Common buying and selling quantity: 158,719

Technical Sentiment Consensus Ranking: Purchase

Present market capitalization: $1.22 billion

For detailed info on IMKTA inventory, go to TipRanks Stock Analysis Page.