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Natural Grocers by Vitamin Cottage, Inc. reports developments tied to its specialty retail model for natural and organic groceries, dietary supplements and body care products. Company news commonly covers quarterly earnings, gross margin and store-cost trends, cash dividends, store openings in new and existing markets, and customer programs such as {N}power® promotions.
Updates also address Natural Grocers' product standards, including USDA certified organic produce, pasture-raised dairy products, free-range eggs, private-label additions under Natural Grocers Brand, and free science-based nutrition education programs. The company was founded in 1955 and operates a smaller-store format for natural and organic retailing.
Natural Grocers reported strong fiscal 2024 fourth quarter and full year results, with notable increases in sales and earnings. Q4 net sales grew 9.3% to $322.7 million, while daily average comparable store sales increased 7.1%. Net income surged 53.2% to $9.0 million with diluted EPS of $0.39. For fiscal 2024, net sales increased 8.9% to $1.24 billion, marking the 21st consecutive year of positive comparable store sales growth. The company opened four new stores and announced a 20% increase in quarterly dividend to $0.12 per share. The growth was attributed to increased transaction counts, items per transaction, and effective pricing strategies.
Natural Grocers announces its Thanksgiving promotions for 2024, featuring special discounts through November 30 with up to 45% off select products. The company offers Mary's Free-Range Turkey reservations and various turkey options, including pre-cooked alternatives. Additional Thanksgiving Hot Deals will run November 23-26, featuring discounts on broths, crackers, and beverages. {N}power members get exclusive benefits, including a chance to win a free turkey with $100+ purchase between November 21-27, and access to good4u Meal Deals for budget-friendly side dishes. The retailer also provides vegetarian and vegan alternatives, plus an extensive recipe collection catering to various dietary preferences.
Natural Grocers by Vitamin Cottage (NYSE: NGVC) announced it will release its fourth quarter and fiscal year 2024 financial results after the market closes on Thursday, November 21, 2024.
Following the release, the company will host a conference call at 2:30 p.m. Mountain Time (4:30 p.m. Eastern Time) with financial analysts and investors. To participate, dial 1-888-347-6606 (U.S.), 1-855-669-9657 (Canada), or 1-412-902-4289 (International) using the conference ID "Natural Grocers Q4 FY 2024 Earnings Call."
The webcast will be accessible via the Investor Relations section of the company's website or directly at https://app.webinar.net/pBd0rW4anl5. An audio recording of the conference call will be archived for at least 20 days on the company's website.
Natural Grocers® announces the release of 'From the Soil Up', a new short film in their 'Meet Your Farmer' series, highlighting regenerative agriculture practices. The film showcases organic dairy farmers behind Natural Grocers® Brand Organic Cheese and their commitment to sustainable farming methods.
The company will promote the film through December with educational materials both in-store and online. The 'Meet Your Farmer' series aims to spotlight farmers and ranchers revolutionizing food production methods, with more films planned for 2025. Additionally, Natural Grocers is offering a 30% discount on select good4u books through November 30 as part of their educational initiatives.
Natural Grocers (NYSE: NGVC) has appointed Richard Hallé as Chief Financial Officer, effective January 1, 2025. Hallé, who has served on the company's board and audit committee since 2012, will succeed Todd Dissinger, who retires December 31, 2024. Hallé brings extensive experience from his previous roles, including managing director at Alvarez and Marsal Private Equity and CFO of Vivial Inc. He will oversee finance, accounting, treasury, financial planning, investor relations, internal audit, and other key financial functions. To ensure a smooth transition, Hallé will begin interim employment on November 4, 2024, and has resigned from his board positions.
Natural Grocers, the leading family-operated organic and natural grocery retailer in the U.S., is hosting a 'Spooktacular' family-friendly event on October 26, 2024, from 11:00 a.m. to 1:00 p.m. at participating locations. The event features:
- A chance to win a gift card worth up to $50
- A kids' treasure hunt with treats and crafts
- Free -edition Halloween themed reusable bags for the first 200 customers
Additionally, customers can enjoy special savings on select items through October 26, including organic Halloween snacks, drinks, treats, and Natural Grocers Brand Bulk items. The company is also offering a 25% discount on all Natural Grocers Brand Supplements. {N}power members can access exclusive discounts and deals throughout the holiday season.
Natural Grocers, the leading family-operated organic and natural grocery retailer in the U.S., is celebrating Nevada Day from October 25-27, 2024, at its four Nevada stores. The event offers {N}power® rewards program members a free state-themed reusable bag and a $5 off coupon for in-store purchases.
Natural Grocers expanded to Nevada in 2014 and now operates stores in Reno, Henderson, North Las Vegas, and Incline Village. The company emphasizes premium-quality natural and organic products, Always Affordable℠ prices, and world-class customer service.
The celebration includes:
- Free -edition reusable shopping bag for {N}power members (while supplies last)
- $5 off coupon for {N}power members
Natural Grocers employs approximately 60 Crew members in Nevada and offers free nutrition education programs and excellent benefits to its employees.
Natural Grocers, the leading family-operated organic and natural grocery retailer in the U.S., is relocating its Reno store to a new location at 4983 S. Virginia St., Reno, NV on October 24, 2024. The grand reopening event will feature giveaways, savings, and a $2,500 donation to the Food Bank of Northern Nevada. The new store offers a larger, brighter space with sustainable features and an expanded selection of 100% USDA certified organic produce. Customers can enjoy discounts of at least 25% off regular pricing throughout the store from October 24-26, along with various promotions and sweepstakes. The relocation marks nearly a decade of Natural Grocers' presence in Nevada, continuing its commitment to serving the Reno community with high-quality, affordable organic and natural products.
Natural Grocers, the leading family-operated organic and natural grocery retailer in the U.S., announces the planned opening of a new store in Brownsville, TX in 2025. The company is hosting a Community Meet & Greet on October 22 and a two-day Hiring Event on October 23-24, 2024, at the Courtyard Brownsville hotel. These events aim to introduce the company's history, principles, and employment opportunities to local residents.
The new store will be located at 515 Morrison Road, Brownsville, TX. Natural Grocers currently operates 23 stores in Texas, employing about 500 Crew members. The company is looking to fill various positions, including management roles, with competitive pay rates ranging from $15 to $21 per hour for non-salaried positions.
Natural Grocers offers comprehensive benefits, including store discounts, birthday bonus pay, and nutrition education programs. The company is known for its 100% organic produce, humanely raised meat, and GMO-free bulk products.
Natural Grocers, the largest family-operated natural and organic retailer in the US, has released a new short film titled 'Field to Can' as part of its 'Meet Your Farmer' series. The film showcases the environmentally responsible practices of Natural Grocers Brand Canned Tomatoes' supply partner, highlighting their soil-centric approach and zero-waste commitment.
The 'Meet Your Farmer' series aims to spotlight farmers and ranchers who are revolutionizing food production for a healthier future. Natural Grocers will promote the film in stores and online through November, offering educational materials to customers. The company plans to add more films to the series in 2025.
As part of its commitment to nutrition education, Natural Grocers is also offering a 30% discount on select good4u books through October 26. The retailer continues to provide various educational resources, including articles, recipes, coaching, and classes to help customers make informed decisions about their food choices and environmental impact.