194 Ingles Markets stores operational after Hurricane Helene; 4 closed, $35M-$55M damages, $10M-$15M insurance reimbursement.
Ingles Markets reported that 194 of its 198 stores are operational following Hurricane Helene, which caused significant flooding and wind damage. Four stores remain closed, with anticipated reopening in three to nine months. The company estimates damages between $35 million and $55 million, expecting $10 million to $15 million in insurance reimbursement. Ingles expressed commitment to supporting affected employees and communities during recovery efforts.
October 30, 2024
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