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Natural Grocers by Vitamin Cottage, Inc. (NYSE: NGVC) is a specialty retailer of natural and organic groceries, body care products and dietary supplements, operating natural and organic grocery and dietary supplement stores across multiple states. This news page highlights company announcements, product launches, promotions, advocacy efforts and other developments related to the NGVC stock and business.
Readers can find updates on Natural Grocers’ expanding Natural Grocers Brand Products line, which includes more than 900 private-label items available exclusively at its stores. Recent news has featured new organic frozen fruits and smoothie blends, grass-fed beef sticks and bites, organic essential oils, and limited-edition organic winter seasonal coffees, all positioned within the company’s stated quality and wellness standards.
News coverage also reflects Natural Grocers’ focus on nutrition education and customer engagement. The company regularly announces free class series led by its in-store Nutritional Health Coaches, such as “Three Essential Hacks for a Healthier You,” along with promotional events like Resolution Reset Week and the Holly Deals event, which combine savings, sweepstakes, in-store activities and loyalty program offers through its {N}power program.
In addition, this page captures updates on Natural Grocers’ advocacy work and legal developments, including its role in litigation over GMO labeling rules, as well as store expansion announcements like new locations in markets such as Rock Springs, Wyoming. Investors and customers can use this news feed to follow how the company applies its product standards, expands its private-label offerings, engages communities and communicates corporate milestones that may be relevant to NGVC’s operations and brand.
Natural Grocers by Vitamin Cottage (NYSE: NGVC) reported a strong first quarter for fiscal 2022, with net sales of $277.3 million, a 4.6% increase year-over-year. Daily average comparable store sales rose 3.8%, while net income soared 145.5% to $8.9 million, translating to $0.39 in diluted EPS. Adjusted EBITDA climbed 44.7% to $19.5 million. Although the company faces ongoing challenges related to the COVID-19 pandemic, it confirms its fiscal 2022 outlook, anticipating diluted EPS between $0.75 and $0.87.
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Natural Grocers by Vitamin Cottage announced plans to close its downtown Salt Lake City store by March 31, 2022, following a review of the store's performance. The closure will initiate a store closing sale on February 14th, with 25% off all products. The company assures customers that its nearby Sugar House store will remain operational and continue to serve the market. This is Natural Grocers' first store closure in Utah, and there are currently no plans for additional closures. The company will assist affected employees with transfers or severance packages, including health benefits through June 2022.
Natural Grocers by Vitamin Cottage (NYSE: NGVC) has released its inaugural Environmental, Social, and Governance (ESG) Report. The report highlights the company's commitment to high product standards that support human and environmental health, such as selling only free-range eggs and 100% pasture-based dairy products. Natural Grocers aims to inspire industry peers with its sustainability practices while maintaining affordable prices. The report can be accessed through the Investor Relations section of their website.
Natural Grocers is hosting its 2nd annual Body Care & Beauty Bonanza from January 28 to February 26, 2022, emphasizing detoxifying beauty routines. Customers can save up to 30% on various natural beauty products and enjoy free samples. The initiative features over 150 brands compliant with high-quality standards to eliminate harmful ingredients. The event also includes giveaways, contests, and educational programs aimed at promoting cleaner personal care habits, highlighting the company's commitment to health and sustainability.
Natural Grocers by Vitamin Cottage (NYSE: NGVC) will release its first quarter fiscal year 2022 financial results on February 3, 2022, after market close. A conference call for investors will follow at 2:30 p.m. MT (4:30 p.m. ET). Participants can join by dialing specific numbers provided in the release. Investors can also access a webcast of the call via the company’s Investor Relations website. Natural Grocers is recognized for its commitment to natural and organic products, featuring a strict quality guideline for its offerings.
Natural Grocers is launching the 21 Days to a Healthier You series, running from January 24 to February 13, 2022. This free program, part of its Nutrition Education initiative, aims to empower participants towards better health through in-person and virtual classes led by Nutritional Health Coaches. Attendees will receive a $5 coupon per class and a customized coupon book. The program includes three key steps: improving diet, managing sugar cravings, and detoxifying home & body.
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Natural Grocers is launching its Holly Deals program from December 11 to 23, 2021, offering over 100 products at discounts up to 48%. This initiative aims to create a stress-free holiday shopping experience, featuring gift bundles categorized for budget-friendly gifting. Customers can enjoy healthy, high-quality products free from artificial additives. Additionally, two Instagram giveaways will feature gift cards and chocolates to enhance the festive spirit. Natural Grocers emphasizes community support, aiming to unite and celebrate during the holiday season.