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Ingles reports $35M in losses from Hurricane Helene

Ingles markets (Google Maps)

ASHEVILLE, N.C. — A popular Western North Carolina grocery store said it lost tens of millions of dollars because of Hurricane Helene.

Ingles released its fourth quarter results.

Company officials said the grocer suffered a loss of $30.4 million in inventory damaged or destroyed by Helene.

There was another $4.5 million in property and equipment damaged.

Three stores remain closed because of Helene, which includes the Morganton location on Carbon City Road.

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