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Natural Grocers by Vitamin Cottage, Inc. - NGVC STOCK NEWS

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Natural Grocers by Vitamin Cottage, Inc. (NYSE: NGVC) is a leading specialty retailer of natural and organic groceries, body care products, and dietary supplements. Founded in 1955 and headquartered in Lakewood, Colorado, the company operates 168 stores across 21 states. Known for its stringent quality guidelines, Natural Grocers ensures that its products do not contain artificial colors, flavors, preservatives, sweeteners, or hydrogenated oils. The company exclusively sells USDA-certified organic produce, pasture-raised, non-confinement dairy products, and free-range eggs.

Natural Grocers combines affordability with high-quality natural products and supplements while empowering communities through free health and nutrition education. Customers have access to over 30,000 natural and organic items, alongside educational resources such as science-based literature, nutritional counseling, and cooking demonstrations led by knowledgeable employees.

In line with its commitment to sustainability and community well-being, Natural Grocers has established several noteworthy initiatives and partnerships. For example, through its annual Ladybug Love campaign, the company collaborates with Beyond Pesticides to promote organic landscape management in local parks. Furthermore, Natural Grocers has been recognized for excellence, recently receiving the Circle of Excellence award from UNFI for outstanding achievements in performance, community impact, and partnership in 2023.

The company's financial performance remains robust, with record sales, margin expansion, and significant earnings growth reported for the second quarter of fiscal 2024. Net sales rose by 8.8% to $308.1 million, driven by an increase in both transaction size and transaction count. The company’s loyalty program, {N}power, and targeted marketing campaigns have played a significant role in customer engagement and sales growth.

Natural Grocers is also deeply engaged in community support, having recently donated funds to La Puente, a Colorado-based non-profit organization. The company also supports food security initiatives through its

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Natural Grocers, America's largest family-operated organic and natural grocery retailer, has expressed support for the FDA's recent decision to ban brominated vegetable oil (BVO) in food. The company, which has never carried products containing BVO, emphasizes its commitment to quality products and consumer health. The FDA's ruling, effective August 2, 2024, comes after studies conducted with the NIH revealed potential adverse health effects in humans.

Natural Grocers' Executive VP, Heather Isely, highlighted the company's long-standing stance against problematic ingredients like BVO, which are often used to increase shelf life and aid in producing processed foods. The company maintains a dynamic list of ingredients it won't carry, reflecting its dedication to offering nutritionally sound and environmentally responsible products.

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Natural Grocers, the leading family-operated organic and natural grocery retailer in the U.S., is celebrating Pioneer Day with its second annual Celebrate Utah Event from July 24-26, 2024. The event offers {N}power members a free state-themed reusable bag and a $5 off coupon for in-store purchases at its eight Utah locations.

Natural Grocers expanded to Utah in 2009 and now operates stores in St. George, Logan, Bountiful, Salt Lake City, Ogden, Heber City, South Jordan, and Cedar City. The company emphasizes its commitment to organic practices, premium quality products, affordable prices, and excellent customer service.

The celebration also highlights Natural Grocers' dedication to its approximately 175 Utah Crew members, offering career opportunities with benefits focused on physical, emotional, and financial well-being. Customers can join the free {N}power rewards program to access exclusive discounts and earn points on purchases.

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Natural Grocers®, the largest family-operated organic and natural grocery retailer in the U.S., is hosting a 'Splash into Savings' event from July 11 to July 13, 2024. Shoppers can enjoy discounts of up to 52% on select items, such as Love Corn® Corn Snacks, Cosmic Bliss® Organic Coconut Milk Ice Creams, and Alba Botanica® Suncare Products. A special Splash Buddy Scavenger Hunt will be held on July 13, offering participants a chance to win up to a $50 gift card. Additionally, throughout the month, {N}power® members can participate in sweepstakes and earn rewards, including a chance to win a trip to Niagara Falls. The event will take place across all 168 Natural Grocers stores nationwide.

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Natural Grocers by Vitamin Cottage (NYSE: NGVC) announced the retirement of CFO Todd Dissinger, effective December 31, 2024. Dissinger will remain in his role until a successor is appointed to ensure a smooth transition. The company will partner with an executive recruiting firm to find his replacement. Dissinger has been with the company since December 2017, contributing to its financial growth and shareholder value. Chairman Kemper Isely expressed gratitude for Dissinger's service and leadership. Dissinger also expressed his appreciation for the company and its mission, confident that Natural Grocers has a bright future ahead.

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Natural Grocers, the prominent family-operated organic and natural grocery retailer, announces special deals and offers for the upcoming July 4th holiday. From June 28 to July 3, 2024, customers can enjoy discounts of up to 55% on select items, including popular snacks and wholesome foods. Additionally, members of the {N}power rewards program will have exclusive access to further discounts and a chance to win prizes, including a trip to Niagara Falls. The press release also highlights festive recipes to make the holiday more enjoyable. Learn more about these offers and recipes on the Natural Grocers website or their social media platforms.

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Natural Grocers Cycling, with the support of sponsor Natural Grocers by Vitamin Cottage, will host the 2024 Colorado State Criterium Championships for Masters and Juniors on June 29 at the Douglas County EVOC Track. The event is part of the Rocky Mountain Road Cup series and features criterium races, known for their intensity and high speeds. The course spans 1.3 miles with a 45-feet elevation change per lap. Registration is open until June 26 at 10 PM/MT. Natural Grocers Cycling promotes healthy, active lifestyles and has over 150 members across 10 states.

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Natural Grocers, the largest family-operated natural and organic retailer in the U.S., promotes the fourth short film, 'A Family Leggacy,' in its 'Meet Your Farmer' series. The film highlights a family producing Regeneratively Grown™ Organic Eggs, emphasizing the brand's commitment to organic-regenerative practices and animal welfare. Vice President Raquel Isely notes the company's achievement in being the first national grocery chain to offer Regenerative Certified Organic Pasture-Raised and Organic Free-Range eggs in 2023. The short film will be promoted online and in stores through July. The 'Meet Your Farmer' series aims to showcase farmers dedicated to sustainable food production, encouraging consumers to think critically about their food choices. In addition to the film series, Natural Grocers offers educational resources like books, articles, recipes, and events to further community knowledge on nutrition and environmental impact, with special discounts available through July 27.

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Natural Grocers is celebrating National New Mexico Day with a special event from June 14-16, 2024, across its six New Mexico locations. The event offers {N}power members a free, -edition reusable tote bag and a $5 off coupon on in-store purchases. The company, which opened its first store in New Mexico in 2003, has been committed to providing quality organic and natural products at affordable prices. Vice President of Marketing, Raquel Isely, emphasizes the company's dedication to community and health, attributing their success to high-quality products, customer service, and affordable prices. Additionally, Natural Grocers employs nearly 150 people in New Mexico and offers comprehensive benefits and free nutrition education programs to its employees. Customers can sign up for the {N}power program to enjoy these benefits and more.

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Natural Grocers will celebrate the grand remodel of its Temple, TX store on June 27, 2024. The event will feature a 25% storewide discount from June 27-29, giveaways, sweepstakes, and free samples. The festivities kick off with a $2,500 donation to Helping Hands Ministry of Belton, followed by a ribbon-cutting ceremony.

The remodel includes a brighter, more open layout with sustainable building features such as 100% LED lighting. The store will offer an expanded selection of USDA certified organic produce, a larger body care and supplement department, and a new Nutrition Education Center.

Special offers include up to 52% off select products and exclusive discounts for {N}power members. The remodel aims to enhance customer experience while maintaining Natural Grocers' commitment to quality, affordability, and community support.

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Natural Grocers, the largest family-operated organic and natural grocery retailer in the U.S., is celebrating Father's Day and the start of summer with special discounts, freebies, and sweepstakes throughout June. Customers can save up to 49% during the Father's Day weekend from June 14 to 16. Promotions include products like Bob's Red Mill Buttermilk Pancake & Waffle Mix, Honey Stinger Organic Waffles, and Clean Cause Organic Sparkling Yerba Mate Drinks.

Members of the {N}power rewards program will enjoy additional perks, including a free snack on June 16 and 10% off alcohol purchases from June 14 to 16 at select locations. Other offers include meal deals and sweepstakes for a hydroponic herb garden. Various discounts on sunscreen, insect repellents, and other summer essentials will also be available.

Non-members can join the rewards program to receive a $2 reward. The promotions aim to provide healthy and affordable options for families, emphasizing the retailer's commitment to sustainability and community well-being.

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FAQ

What products does Natural Grocers by Vitamin Cottage offer?

Natural Grocers offers a wide range of natural and organic groceries, dietary supplements, natural body care, household, and pet care products.

What is Natural Grocers' {N}power program?

{N}power is Natural Grocers' free member rewards program that offers exclusive discounts, digital coupons, rewards benefits, and other members-only features.

How does Natural Grocers support community initiatives?

Natural Grocers supports community initiatives through donations, partnerships with local charities like La Puente, and campaigns like the annual Ladybug Love to promote organic landscape management.

Where is Natural Grocers headquartered?

Natural Grocers is headquartered in Lakewood, Colorado.

How does Natural Grocers ensure product quality?

Natural Grocers maintains strict quality guidelines, ensuring products are free from artificial colors, flavors, preservatives, sweeteners, and hydrogenated oils. They sell only USDA-certified organic produce and pasture-raised, non-confinement dairy products.

What recent awards has Natural Grocers received?

Natural Grocers recently received the Circle of Excellence award from UNFI for exceptional achievements in performance, community impact, and partnership in 2023.

What financial performance did Natural Grocers report in the second quarter of fiscal 2024?

Natural Grocers reported an 8.8% increase in net sales to $308.1 million, with significant earnings growth and margin expansion.

How many stores does Natural Grocers operate?

Natural Grocers operates 168 stores in 21 states.

What kind of educational programs does Natural Grocers offer?

Natural Grocers offers free science-based nutrition education programs, including nutritional counseling and cooking demonstrations.

What is the Ladybug Love campaign?

The Ladybug Love campaign is an initiative by Natural Grocers in partnership with Beyond Pesticides to promote organic landscape management and protect beneficial insects.

Natural Grocers by Vitamin Cottage, Inc.

NYSE:NGVC

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553.62M
22.79M
44.06%
33.07%
0.49%
Supermarkets and Other Grocery (except Convenience) Stores
Retail Trade
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United States of America
LAKEWOOD