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New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
- Ingles Markets Incorporated (NASDAQ:IMKTA) reported fourth-quarter FY22 sales growth of 8.2% year-on-year, to $1.45 billion.
- Excluding gasoline sales, comparable store sales increased 5.2% Y/Y.
- Gross profit for the quarter climbed 6.9% to $364.8 million, with the margin compressing from 25.6% to 25.1%.
- The operating margin was 6.7%, and operating income for the quarter fell 1.9% to $96.8 million.
- The company held $267.2 million in cash and equivalents as of September 24, 2022.
- Inventories at the end of the quarter rose 17.4% to $457.9 million.
- EPS was $3.69 versus $3.78 a year ago.
- Price Action: IMKTA shares closed higher by 1.58% at $99.18 on the last check Wednesday.
- Photo Via Wikimedia Commons
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
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