Ingles Markets Changes Fiscal Year End
Ticker: IMKTA · Form: 8-K · Filed: Sep 30, 2024 · CIK: 50493
Sentiment: neutral
Topics: fiscal-year-change, corporate-governance
Related Tickers: IMKTA
TL;DR
Ingles Markets (IMKTA) is shifting its fiscal year end to Sept 28, starting this year.
AI Summary
Ingles Markets, Inc. filed an 8-K on September 30, 2024, reporting a change in its fiscal year end to September 28, effective for the fiscal year ending September 28, 2024. This change was approved by the Board of Directors on September 26, 2024.
Why It Matters
This change in fiscal year end may affect the timing of financial reporting and could potentially impact investor analysis of the company's performance trends.
Risk Assessment
Risk Level: low — The filing is a routine administrative change regarding the company's fiscal year end and does not involve any new financial obligations or significant operational shifts.
Key Numbers
- 0928 — Fiscal Year End (The company's fiscal year will now end on September 28.)
Key Players & Entities
- INGLES MARKETS, INCORPORATED (company) — Registrant
- September 26, 2024 (date) — Date of Board Approval
- September 28, 2024 (date) — New Fiscal Year End
- North Carolina (jurisdiction) — State of Incorporation
FAQ
What is the primary purpose of this 8-K filing?
The primary purpose is to report a change in Ingles Markets, Inc.'s fiscal year end.
When was the decision to change the fiscal year end made?
The decision was made by the Board of Directors on September 26, 2024.
What is the new fiscal year end date for Ingles Markets?
The new fiscal year end date is September 28.
For which fiscal year will this new end date be effective?
This new end date will be effective for the fiscal year ending September 28, 2024.
What is the state of incorporation for Ingles Markets, Inc.?
Ingles Markets, Inc. is incorporated in North Carolina.
Filing Stats: 523 words · 2 min read · ~2 pages · Grade level 11.5 · Accepted 2024-09-30 16:15:30
Key Financial Figures
- $0.05 — ich registered Class A Common Stock , $0.05 par value per share IMKTA The NASDAQ
Filing Documents
- imkta20240930_8k.htm (8-K) — 27KB
- ex_728328.htm (EX-3.1) — 7KB
- 0001437749-24-030255.txt ( ) — 168KB
- imkta-20240926.xsd (EX-101.SCH) — 3KB
- imkta-20240926_def.xml (EX-101.DEF) — 12KB
- imkta-20240926_lab.xml (EX-101.LAB) — 15KB
- imkta-20240926_pre.xml (EX-101.PRE) — 12KB
- imkta20240930_8k_htm.xml (XML) — 3KB
03. Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year
Item 5.03. Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year. On September 26, 2024, the board of directors (the " Board ") of Ingles Markets, Incorporated, a North Carolina corporation (the " Company "), approved an amendment to the Company's Amended and Restated By-Laws, which provides that the Board may, in its sole discretion, determine that any meeting of the Company's shareholders may be held by means of remote communication, including solely by means of remote communication (the " By-Laws Amendment "). The foregoing description of the By-Laws Amendment is only a summary and is qualified in its entirety by the full text of the By-Laws Amendment, which is filed as Exhibit 3.1 to this Current Report on Form 8-K and incorporated by reference in this Item 5.03.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits. Exhibit Number Description of Exhibit 3.1 First Amendment to the Amended and Restated By-Laws of the Company 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. INGLES MARKETS, INCORPORATED (Registrant) Date: September 30, 2024 By: /s/ Patricia E. Jackson Patricia E. Jackson Chief Financial Officer