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NATURAL GROCERS BY VITAMIN COTTAGE, INC - NGVC STOCK NEWS

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Natural Grocers by Vitamin Cottage, Inc. (NYSE: NGVC) is a leading specialty retailer of natural and organic groceries, body care products, and dietary supplements. Founded in 1955 and headquartered in Lakewood, Colorado, the company operates 168 stores across 21 states. Known for its stringent quality guidelines, Natural Grocers ensures that its products do not contain artificial colors, flavors, preservatives, sweeteners, or hydrogenated oils. The company exclusively sells USDA-certified organic produce, pasture-raised, non-confinement dairy products, and free-range eggs.

Natural Grocers combines affordability with high-quality natural products and supplements while empowering communities through free health and nutrition education. Customers have access to over 30,000 natural and organic items, alongside educational resources such as science-based literature, nutritional counseling, and cooking demonstrations led by knowledgeable employees.

In line with its commitment to sustainability and community well-being, Natural Grocers has established several noteworthy initiatives and partnerships. For example, through its annual Ladybug Love campaign, the company collaborates with Beyond Pesticides to promote organic landscape management in local parks. Furthermore, Natural Grocers has been recognized for excellence, recently receiving the Circle of Excellence award from UNFI for outstanding achievements in performance, community impact, and partnership in 2023.

The company's financial performance remains robust, with record sales, margin expansion, and significant earnings growth reported for the second quarter of fiscal 2024. Net sales rose by 8.8% to $308.1 million, driven by an increase in both transaction size and transaction count. The company’s loyalty program, {N}power, and targeted marketing campaigns have played a significant role in customer engagement and sales growth.

Natural Grocers is also deeply engaged in community support, having recently donated funds to La Puente, a Colorado-based non-profit organization. The company also supports food security initiatives through its

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Natural Grocers by Vitamin Cottage (NYSE: NGVC) announced it will release its Q2 fiscal year 2023 financial results on May 4, 2023, after market close. A conference call will follow at 2:30 p.m. MT (4:30 p.m. ET) for financial analysts and investors. Interested parties can listen via phone or through the Company’s Investor Relations website. The Company, founded in 1955, operates 166 stores across 21 states, specializing in natural and organic products, including USDA-certified organic produce and pasture-raised dairy. Natural Grocers emphasizes quality and education, offering customers free nutrition classes to support informed health choices.

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Natural Grocers is promoting the film "Regenerative Renegades" as part of its "Meet Your Farmer" series during Earth Month celebrations. The film showcases ranchers advocating regenerative agriculture practices. Natural Grocers plans to distribute educational materials in stores and online through mid-May. Raquel Isely, the company VP, emphasized the importance of environmental consciousness and consumer education regarding food choices. The initiative aligns with the company's commitment to sustainability and their Earth Day celebration.

The "Meet Your Farmer" series will continue to feature films highlighting sustainable agriculture efforts, aiming to inform customers about food production's impact on health and the planet.

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Natural Grocers is celebrating Earth Month by promoting the short film "Regenerative Renegades" as part of its "Meet Your Farmer" film series. The initiative aims to educate consumers about sustainable food production through stories of ranchers at Thousand Hills, a key beef partner. This campaign will run until mid-May with both online and in-store promotions.

Raquel Isely, VP of Marketing, emphasizes the company's commitment to environmental sustainability and the importance of food choices. The "Meet Your Farmer" series showcases organic growers and regenerative ranchers who advocate for healthier food systems. Additionally, Natural Grocers offers a 30% discount on select educational materials through April 29, 2023. The company operates 166 stores across 21 states, committed to selling only high-quality organic products.

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FAQ

What is the current stock price of NATURAL GROCERS BY VITAMIN COTTAGE (NGVC)?

The current stock price of NATURAL GROCERS BY VITAMIN COTTAGE (NGVC) is $32.84 as of November 15, 2024.

What is the market cap of NATURAL GROCERS BY VITAMIN COTTAGE (NGVC)?

The market cap of NATURAL GROCERS BY VITAMIN COTTAGE (NGVC) is approximately 756.0M.

What products does Natural Grocers by Vitamin Cottage offer?

Natural Grocers offers a wide range of natural and organic groceries, dietary supplements, natural body care, household, and pet care products.

What is Natural Grocers' {N}power program?

{N}power is Natural Grocers' free member rewards program that offers exclusive discounts, digital coupons, rewards benefits, and other members-only features.

How does Natural Grocers support community initiatives?

Natural Grocers supports community initiatives through donations, partnerships with local charities like La Puente, and campaigns like the annual Ladybug Love to promote organic landscape management.

Where is Natural Grocers headquartered?

Natural Grocers is headquartered in Lakewood, Colorado.

How does Natural Grocers ensure product quality?

Natural Grocers maintains strict quality guidelines, ensuring products are free from artificial colors, flavors, preservatives, sweeteners, and hydrogenated oils. They sell only USDA-certified organic produce and pasture-raised, non-confinement dairy products.

What recent awards has Natural Grocers received?

Natural Grocers recently received the Circle of Excellence award from UNFI for exceptional achievements in performance, community impact, and partnership in 2023.

What financial performance did Natural Grocers report in the second quarter of fiscal 2024?

Natural Grocers reported an 8.8% increase in net sales to $308.1 million, with significant earnings growth and margin expansion.

How many stores does Natural Grocers operate?

Natural Grocers operates 168 stores in 21 states.

What kind of educational programs does Natural Grocers offer?

Natural Grocers offers free science-based nutrition education programs, including nutritional counseling and cooking demonstrations.

What is the Ladybug Love campaign?

The Ladybug Love campaign is an initiative by Natural Grocers in partnership with Beyond Pesticides to promote organic landscape management and protect beneficial insects.

NATURAL GROCERS BY VITAMIN COTTAGE, INC

NYSE:NGVC

NGVC Rankings

NGVC Stock Data

756.01M
22.79M
44.2%
33.05%
0.69%
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United States of America
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