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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, 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.

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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.

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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.

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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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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%
Grocery Stores
Retail-grocery Stores
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United States of America
LAKEWOOD