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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
Natural Grocers is excited to announce the upcoming Grand Opening of its new store in McCall, ID, on January 18, 2023. To support this launch, they are actively hiring for multiple positions, with roles starting as early as December 30, 2022. This location will be the company's fifth in Idaho, and they invite local residents to apply. Natural Grocers emphasizes its commitment to employee welfare, offering competitive pay, benefits, and a supportive culture. The company operates 164 stores across 21 states and aims to provide high-quality organic products.
Natural Grocers, a leading retailer of organic groceries, has announced its Top Trends for 2023, focusing on critical categories such as Health & Wellness, Body Care & Beauty, Food & Beverage, and Ecologically Thoughtful practices. The predictions were made by a specialized team analyzing consumer preferences and the ongoing effects of the COVID pandemic. Highlights include the rise of EPA & DHA for mental health, eco-friendly beauty products, and zero-waste cooking. The retailer emphasizes the importance of consumer choices for both personal wellbeing and environmental sustainability.
Natural Grocers by Vitamin Cottage (NYSE: NGVC) announced a quarterly cash dividend of $0.10 per share, set to be paid on December 14, 2022. Shareholders of record by November 28, 2022 will qualify for this dividend. Established in 1955, the company operates 164 stores across 21 states, providing natural and organic groceries, dietary supplements, and nutrition education. The dividend reflects the company’s commitment to returning value to its shareholders as it continues to focus on quality and customer service.
Natural Grocers by Vitamin Cottage (NGVC) reported Q4 2022 net sales of $274.2 million, up 0.6% from Q4 2021. Net income was $2.2 million, or $0.09 EPS. For fiscal 2022, sales rose 3.2% to $1.1 billion, marking the 19th consecutive year of positive comparable store sales growth. The company anticipates fiscal 2023 daily average comparable store sales growth of -2.0% to 1.0% and diluted EPS between $0.70 and $0.90. The company declared a $0.10 quarterly cash dividend.
Natural Grocers by Vitamin Cottage, Inc. (NYSE: NGVC) will release its fourth quarter and fiscal year 2022 financial results after market close on November 17, 2022. The company will host a conference call for analysts and investors at 2:30 p.m. MT the same day. Participants can join by calling specific numbers for the U.S., Canada, and international audiences. The call will also be available via webcast at the company's Investor Relations website. An audio recording will be archived for 20 days.
Natural Grocers, a leading family-operated organic grocery retailer, is gearing up for the holiday season with pre-order options for Mary's Free-Range Turkeys, scrumptious recipes, and savings of over $749 available through November 26. Customers can enjoy discounts on products across all departments to make holiday meal planning easier.
The store offers various turkey options, holiday recipes for every dietary preference, and exclusive perks for its {N}power loyalty members, including chances to win a free turkey and special meal deals.
Natural Grocers®, a leading organic grocery retailer, has launched its "Heroes in Aprons" fundraiser, donating $1 for each themed reusable bag sold until December 31, 2022. This initiative supports the Heroes in Aprons Fund, which assists Natural Grocers' employees facing financial hardships. The nonprofit has raised nearly $300,000 since 2020. The company emphasizes community support, having received the 2022 Impact Award from Progressive Grocers for its employee welfare initiatives. Natural Grocers operates 164 stores across 21 states, focusing on providing organic and natural products.
Natural Grocers® has expanded its product line with the addition of Organic Extra Virgin Unrefined Coconut Oil, available in three sizes: 17.5 oz, 32 oz, and 48 oz. This new product reflects the company's dedication to premium quality at affordable prices. Currently, the Natural Grocers Brand includes over 800 high-quality items, focusing on organic and natural grocery essentials. The coconut oil is USDA Organic, Kosher, and sourced from Sri Lankan farmers, ensuring community support. The company plans further product launches through 2022, including frozen seafood and various household goods.
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