Ingles Markets, Incorporated Announces a Third Appreciation Bonus Totaling Approximately Five Million Dollars

Sep 25, 2020 | 8:30 am

ASHEVILLE, N.C. - Ingles Markets, Incorporated (NASDAQ: IMKTA) reports its most recent efforts to recognize and support associates during the COVID-19 crisis.

Robert P. Ingle II, Chairman of the Board, stated, "Since the spring, our associates have met the daily challenge of providing what our customers need in a safe and clean environment. We will provide a third bonus payment of $300 to full-time and $150 to part-time active retail, distribution, and corporate associates who were hired on or before July 24, 2020. The bonus payment will be made in mid-November 2020. Our associates have made a difference during this unprecedented time. We are incredibly proud of them and wish to show appreciation for their efforts."

Ingles Markets, Incorporated is a leading supermarket chain with operations in six southeastern states. Headquartered in Asheville, North Carolina, the Company operates 197 supermarkets. In conjunction with its supermarket operations, the Company operates neighborhood shopping centers, most of which contain an Ingles supermarket. The Company also owns a fluid dairy facility that supplies Company supermarkets and unaffiliated customers. The Company's Class A Common Stock is traded on The NASDAQ Stock Market's Global Select Market under the symbol IMKTA. For more information, visit Ingles' website at www.ingles-markets.com.