Ingles Markets, Incorporated $(IMKTA)$ has announced its financial results for the third quarter and first nine months of fiscal 2025. For the third quarter ended June 28, 2025, the company reported net sales of $1.35 billion, a decrease from $1.39 billion in the same period of fiscal 2024. The gross profit for the third quarter of fiscal 2025 was $327.3 million, representing 24.3% of sales, compared to $329.8 million or 23.7% of sales in the previous year. Operating and administrative expenses during the third quarter amounted to $290.1 million, up from $286.3 million in the third quarter of fiscal 2024. Interest expenses for the quarter were $4.9 million, a slight decrease from $5.4 million in the same quarter of the previous year. Net income for the third quarter was $26.2 million, down from $31.7 million for the same period in fiscal 2024. Basic and diluted earnings per share for Class A Common Stock stood at $1.41 and $1.38, respectively, compared to $1.71 and $1.67 for the same period in fiscal 2024. For Class B Common Stock, basic and diluted earnings per share were each $1.28, compared to $1.55 in the prior year. For the nine-month period ended June 28, 2025, Ingles Markets reported net sales of $3.97 billion, a decrease from $4.24 billion for the same period in fiscal 2024. Gross profit for the nine-month period was $939.4 million, or 23.7% of sales, compared to $1.0 billion, or 23.6% of sales, in the previous year. Operating and administrative expenses totaled $860.0 million, slightly reduced from $860.8 million in the same period of fiscal 2024. Interest expenses for the nine-month period were $14.7 million, down from $16.7 million in the previous year. The company reported a net income of $57.9 million for the nine-month period, a decrease from $107.0 million for the same period in fiscal 2024. Basic and diluted earnings per share for Class A Common Stock were $3.11 and $3.05, respectively, compared to $5.76 and $5.63 in the previous year. For Class B Common Stock, both basic and diluted earnings per share were $2.83, compared to $5.23 in the same period of fiscal 2024. Capital expenditures for the nine-month period totaled $91.4 million, down from $143.0 million in the prior year. Ingles Markets expects capital expenditures for the entire fiscal year 2025 to range between $120 million and $160 million.