Natural Grocers By Vitamin Cot Stock Price, News & Analysis

On August 25, 2022, Natural Grocers announced its membership in the U.S. Working Group for Broiler Welfare, which has now expanded to 16 members. The group aims to implement higher welfare standards for broiler chickens, responding to consumer demands. Notably, the group collectively purchased over 540 million pounds of chicken in 2021, significantly impacting industry practices. Collaborating with Perdue Farms, the group seeks to uphold the Better Chicken Commitment, improving the welfare of over 111 million chickens annually.

Natural Grocers by Vitamin Cottage (NYSE: NGVC) announced a quarterly cash dividend of $0.10 per common share, payable on September 14, 2022. The record date for this dividend is August 29, 2022. The company focuses on providing natural and organic products, maintaining strict quality guidelines, including USDA certified organic produce. Founded in 1955, Natural Grocers operates 163 stores across 21 states, emphasizing affordable pricing and extensive nutrition education programs for customers.

Natural Grocers by Vitamin Cottage (NYSE: NGVC) reported a 3.0% increase in net sales to $266.3 million for Q3 FY 2022, compared to the previous year. Daily average comparable store sales rose 2.5%. The operating income decreased to $5.7 million and net income fell to $3.9 million or $0.17 diluted EPS. Adjusted EBITDA was $13.0 million. The company declared a quarterly dividend of $0.10 per share and revised fiscal 2022 outlook, anticipating 3-4 new stores and $0.87 to $0.96 EPS.

Natural Grocers will sponsor the Southern Family Farmers and Food Systems Conference from August 7-9, 2022, in San Marcos, TX. The conference promotes local and sustainable agriculture and features educational sessions and networking opportunities. Notably, Natural Grocers will screen the film Regenerative Renegades on August 8, followed by a panel discussion addressing topics like soil health and community vitality. The event aims to unite farmers, food businesses, and consumers to reinforce a sustainable food system amidst ongoing challenges like food inflation and supply chain issues.

Natural Grocers by Vitamin Cottage (NYSE: NGVC) will announce its third quarter fiscal year 2022 financial results after market close on August 4, 2022. Following the announcement, a conference call for analysts and investors will take place at 2:30 PM MT (4:30 PM ET). Interested parties can join the call by dialing the provided numbers or can listen via the company's Investor Relations website. An audio recording will be available for 20 days post-event.

Natural Grocers, a leading U.S. organic grocery retailer, announces a nationwide hiring initiative for nearly 500 positions, focusing on locations like Dallas and Portland. The company currently employs over 4,000 staff across 162 stores in 20 states. To attract talent, it has raised wages for select positions and offers unique benefits, including substantial discounts and nutrition education. The emphasis on employee well-being aligns with its commitment to a supportive company culture, fostering growth and development through training programs and competitive pay.