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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 is the Official Food Purveyor for CineCHEF 2023, part of the Boulder International Film Festival (BIFF) scheduled from March 2-5, 2023. This culinary event will feature chefs from Boulder and Denver, showcasing film-inspired dishes. Each chef receives a $500 gift card from Natural Grocers to purchase ingredients. The event is expected to attract over 25,000 attendees, promoting both the festival and the grocer's commitment to nutrition education. Natural Grocers operates 166 stores across 21 states, emphasizing organic products and environmental sustainability.
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Natural Grocers, a leading organic grocery retailer, is offering customers up to 44% off during its Big Game Specials from February 9-12, 2023. The discounts are available on various game day essentials, including snacks and meal deals. Customers can enjoy promotions on popular items like Kettle Brand Potato Chips and Organic Avocados, as well as exclusive {N}power member discounts. The event aims to attract customers looking for affordable options for their game day gatherings. Natural Grocers operates 166 stores across 21 states, focusing on quality natural and organic products. Visit their site for more details.
Natural Grocers raised nearly $33,500 on January 16, 2023 during its annual fundraising campaign for Jack and Jill of America, Inc. (JJOA). The funds will support JJOA's College Graduation Assistance Program Fund, aimed at alleviating tuition debt for students attending Historically Black Colleges and Universities (HBCUs). The company committed to donating 1% of sales from its 166 stores in honor of Martin Luther King Jr. Day. Additionally, a year-round giving program will allow JJOA members to earn 5% back on purchases, further supporting scholarship efforts. This partnership emphasizes Natural Grocers' commitment to community support.
Natural Grocers (NYSE: NGVC) released its 2022 Environmental, Social, and Governance (ESG) report, highlighting its commitment to regenerative agriculture and sustainability practices. The report emphasizes the company's dedication to high-quality natural and organic products and provides insights into their rigorous product standards. Key focus areas include climate change, waste management, and community support. The 2022 report builds on last year's emphasis on product standards, showcasing investments made to enhance transparency and environmental impact. Natural Grocers operates 166 stores across 21 states.
Natural Grocers by Vitamin Cottage (NYSE: NGVC) has declared a quarterly cash dividend of $0.10 per share. The dividend will be paid on March 15, 2023, to stockholders on record as of the close of business on February 27, 2023. Natural Grocers is known for its commitment to providing USDA certified organic products and offering science-based nutrition education. Founded in 1955, the company operates 166 stores across 21 states, focusing on natural and organic groceries, body care, and dietary supplements.
Natural Grocers by Vitamin Cottage (NYSE: NGVC) reported its first-quarter fiscal 2023 results with net sales of $280.5 million, reflecting a 1.1% increase compared to the prior year. Net income decreased to $4.4 million or $0.19 diluted EPS, down from $8.9 million or $0.39 diluted EPS a year earlier. Adjusted EBITDA was $13.8 million, compared to $19.5 million in the same period last year. The company reaffirmed its fiscal 2023 guidance, expecting 4-6 new stores, 0-1% growth in daily average comparable store sales, and diluted EPS of $0.70 to $0.90. The company also announced a quarterly cash dividend of $0.10 per share.
Natural Grocers by Vitamin Cottage (NYSE: NGVC) will release its first quarter fiscal year 2023 financial results on February 2, 2023, after market close. The company will host a conference call at 2:30 PM MT (4:30 PM ET) for analysts and investors to discuss the results. Participants can join by calling 1-888-347-6606 (U.S.), 1-855-669-9657 (Canada), or 1-412-902-4289 (International). The conference ID is "Natural Grocers Q1 FY 2023 Earnings Call." Webcast details will be available on the company's website.
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