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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 is aiding the Little Rock community following recent tornadoes by collecting donations for the Little Rock Cares Emergency Relief Fund. From now until May 31, 2023, customers at the Little Rock location can contribute $1, $5, or $10 at the register. Proceeds will support local recovery efforts. Heather Isely, Executive Vice President, emphasized the company’s commitment to community in light of the disaster. This initiative aligns with Natural Grocers' founding principle of community commitment. The store is located at 9210 N. Rodney Parham Rd., Little Rock, AR, and aims to assist residents affected by the catastrophic weather.

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Natural Grocers is launching its sixth annual Ladybug Love campaign in collaboration with Beyond Pesticides during April 2023, coinciding with Earth Month. The campaign aims to raise $25,000 for the Organic Parks Project, which promotes pesticide-free management in parks. Customers can take the Ladybug Love Pledge to protect beneficial insects, with donations tied to pledge sign-ups and specific product sales from March 31 to April 30. The campaign highlights the importance of ladybugs in sustainable farming and food supply systems. Additionally, customers can participate in the Count the Ladybugs Sweepstakes for a chance to win a $500 gift card by counting ladybugs in Natural Grocers' magazine. Overall, the campaign reflects Natural Grocers’ commitment to environmental sustainability.

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Natural Grocers has expanded its product line by introducing three new varieties of Organic Mustard: Yellow, Spicy Brown, and Dijon. These mustards are part of the company’s premium house brand, which focuses on quality and affordability. They are certified organic, naturally non-GMO, vegan, kosher, and gluten-free. The new mustards are available in easy-to-squeeze bottles and jars, ensuring convenience for customers. With over 800 products in the Natural Grocers Brand line, this expansion aligns with the company's legacy of supporting small farmers and sustainable practices. The mustards are crafted from a recipe with roots dating back to 1905. Natural Grocers continues to prioritize premium quality while maintaining its commitment to affordable pricing. For more information, visit Natural Grocers' official website.

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Natural Grocers is offering significant discounts on holiday essentials for Easter from March 31 to April 29. Shoppers can enjoy up to 33% off select products, including free-range eggs priced at $3.99/dozen for loyalty members. Special meats include a fully cooked, hickory smoked ham at $5.45/lb and a grass-fed roast priced at $49.99 for 4 lbs. Members can also benefit from exclusive offers, such as a French Toast Meal Deal for under $17 and a buy-one-get-one-free on select coffee products from April 2 to April 8. Natural Grocers emphasizes its commitment to quality by offering USDA-certified organic products and free-range eggs that exceed standard requirements.

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Natural Grocers has launched a Personalized Shopping Experience at select locations, offering customers free, guided shopping sessions by Nutritional Health Coaches. This initiative aims to support individual wellness journeys through personalized product recommendations and education on dietary needs. During the 30-minute sessions, customers will receive tailored advice on supplements, body care, and eco-friendly products, as well as a coupon for $5 off purchases over $25. Founded in 1955, Natural Grocers is a leading retailer of organic groceries and health products, with 166 stores across 21 states.

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Natural Grocers has expanded its product line by introducing five new varieties of canned seafood. The new offerings include Albacore and Skipjack Tuna, Wild Pink Salmon, and two types of Wild Sardines, all marketed under the Natural Grocers Brand. These products are 100% wild-caught and sustainably harvested, ensuring high-quality standards. The canned seafood items are non-GMO verified and free from artificial additives, catering to health-conscious consumers. This expansion adds to the existing portfolio of over 800 products under the Natural Grocers Brand, which emphasizes affordability and quality.

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Natural Grocers, the largest family-operated organic grocery retailer in the U.S., is hosting its fifth annual Beat the Time Change Blues event from March 11-14, 2023. Customers can benefit from significant savings, free samples, and in-store sweepstakes during this period. Notably, the first 200 customers on March 11 will receive a free sample of Organic Coffee. Additionally, shoppers will enjoy discounts of up to 55% on select products, including premium items like Wild Planet Foods and Solgar supplements. The event aims to alleviate the impact of daylight saving time by providing enjoyable experiences and savings.

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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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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

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756.01M
22.79M
44.2%
33.05%
0.69%
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