Natural Grocers By Vitamin Cot Stock Price, News & Analysis

Natural Grocers by Vitamin Cottage (NYSE: NGVC) has declared a quarterly cash dividend of $0.07 per share, set to be paid on June 16, 2021. This dividend will benefit stockholders of record as of June 1, 2021. The company, which operates 161 stores across 20 states, focuses on natural and organic products, adhering to strict quality standards. Established in 1955, Natural Grocers emphasizes affordable pricing and provides free nutrition education programs to assist customers in making informed health choices.

Natural Grocers by Vitamin Cottage (NGVC) reported a 6.6% decline in net sales for Q2 FY 2021, totaling $259.2 million, compared to the same period in FY 2020. Daily average comparable store sales fell 7.0%, influenced by severe weather and challenging year-over-year comparisons due to pandemic-related sales spikes. Operating income decreased 49.4% to $6.7 million, with diluted earnings per share at $0.21. Despite these challenges, the company confirmed its fiscal 2021 outlook, adjusting new store openings to 3-4.

Natural Grocers by Vitamin Cottage, the largest family-operated natural grocery retailer in the U.S., has launched an expanded line of Natural Grocers Brand Vitamins & Supplements. This new range includes over 100 products composed of vitamins, herbs, minerals, and precision formulas, ensuring high quality while remaining accessible in price. To celebrate the launch, the company is offering a 25% discount for {N}power loyalty program members throughout May. All products adhere to rigorous third-party certified Good Manufacturing Practices, underscoring the brand's commitment to quality and customer trust.

Natural Grocers by Vitamin Cottage (NYSE: NGVC) is set to release its second quarter fiscal year 2021 financial results after market close on May 6, 2021. A conference call for investors will follow at 2:30 PM MT (4:30 PM ET). Participants can call 1-800-670-8680 in the U.S. or 1-303-223-4396 internationally, with conference ID 21993602. The conference call will be available via webcast on the Investor Relations section of the company’s website, and an audio recording will be archived for 30 days.

Natural Grocers will reopen its Pueblo, CO store on May 6, 2021, after relocating just steps away. The new store will be over 30% larger, featuring a modern layout, improved checkout, and a Nutrition Education Center. Customers can expect broader product selections including organic produce and dietary supplements. A grand reopening celebration will include giveaways, discounts, and a chance to win prizes. The store has implemented sustainable features and enhanced COVID-19 safety measures.

Natural Grocers is set to reopen its Preston & Forest location in Dallas, TX on March 31, 2021, with a store that is 40% larger than before. The remodel introduces a modernized shopping experience, enhanced checkout efficiency, and a new Nutrition Education Center. Features like eco-friendly building upgrades and 100% LED lighting reflect its commitment to sustainability. The grand reopening will include giveaways, discounts, and special events for customers.

Natural Grocers initiated disaster relief efforts in Texas following severe winter storms in February 2021. The company provided free water and launched a Severe Weather Pay program for its Texas Crew to ensure financial support during store closures. They raised over $108,000 for local hunger relief through customer donations. With 25 stores in Texas, the retailer reaffirmed its commitment to community support and sustainability, emphasizing access to quality organic products.

Natural Grocers announces the opening of its new store in Jefferson City, MO on March 3, 2021, marking its sixth location in Missouri. The store will offer fresh, organic produce, sustainably raised meats, and more at affordable prices. To celebrate the opening, the first 100 customers will receive complimentary cooler bags with ingredients for gluten-free pancakes. Customers can also enjoy grand opening specials on various products throughout March. The store features a free Nutritional Health Coach to support community health and wellness.