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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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On June 22, 2022, Natural Grocers featured on Good Morning America to highlight its partnership with FarmBox Foods. This collaboration utilizes Vertical Hydroponic Farms to provide fresh, organic produce sourced directly from their stores, notably in Lakewood, Colorado. The initiative aims to reduce food sourcing costs, enhance food access, and minimize waste. FarmBox Foods CEO Rusty Walker emphasized their mission to ensure food security through innovative farming techniques, including insulated shipping containers that shield crops from climate impacts.

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Natural Grocers is offering free filtered water at its Billings, Montana store from June 16 to June 30, 2022, to support community members affected by recent flooding. The flooding has disrupted water supply, necessitating boil water orders in several areas. The store's reverse osmosis filtration system provides safe, high-quality drinking water without boiling. Each person can receive up to two gallons due to system limitations. Regional Manager Mat Topham expressed the company’s commitment to assisting the community during this crisis.

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Natural Grocers® has announced a $5,000 donation to Color of Change in honor of the 157th anniversary of Juneteenth, commemorating the end of slavery in the U.S. This contribution aligns with the company's commitment to fostering inclusivity and diversity as outlined in its Five Founding Principles. Heather Isely, Executive Vice President, emphasized the importance of honoring cultural differences. Natural Grocers, founded in 1955, operates 162 stores across 20 states, focusing on providing natural and organic products while adhering to strict quality standards.

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Natural Grocers invites customers to special Father's Day promotions from June 17-19. The store will feature discounts of up to 49% on various products, including body care and groceries, during the month of June. Additional deals over Father's Day weekend include savings of up to 39% on select items. Members of the {N}power loyalty program can receive extra discounts, including 10% off craft beer and a free snack strip on June 19. Customers can also participate in a sweepstakes to win a customized Solaray Bean Trailer.

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Natural Grocers and Solaray have launched a June sweepstakes, offering {N}power members the chance to win a custom Bean Trailer valued at approximately $22,300. The giveaway coincides with the introduction of Solaray's new High Potency Liposomal Multivitamins. Members can enter by purchasing any two Solaray products or by entering online. The sweepstakes runs from June 1 to June 30, 2022, and participants must be {N}power members to enter. Natural Grocers emphasizes its commitment to quality, offering only products from GMP-certified manufacturers.

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Natural Grocers is supporting women's bike racing at the Jesse Blancarte Memorial 10k Time Trial on May 29, 2022, in Gardner, Kansas. This event, sanctioned by USA Cycling, aims to reduce entry fees for women from $25 to $10 through a grant from Natural Grocers. The cycling team encourages local women to participate in this beginner-friendly event, promoting women’s representation in cycling. The company, founded in 1955, operates 162 stores in 20 states offering organic groceries and dietary supplements.

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Natural Grocers, the largest family-operated organic retailer, affirms its commitment to Always Affordable Prices amid rising inflation, a principle upheld since its founding in 1955. The company focuses on providing high-quality organic products while maintaining competitive pricing through strong vendor relationships. Additionally, Natural Grocers emphasizes its Commitment to Quality by implementing stringent product standards, including only selling free-range eggs and pasture-raised dairy. The company's efforts include exclusive member discounts and free nutritional coaching, enhancing customer engagement and affordability.

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Natural Grocers® is returning as a corporate sponsor for the 2022 Denver Colfax Marathon, taking place from May 13-15. The company, which has strong Colorado roots with 42 stores statewide, will have a significant presence at the Health and Fitness Expo on May 13-14. Vice President Raquel Isely emphasized the event's alignment with their community dedication. Natural Grocers will offer nutritional health coaching and provide free tote bags with vendor samples and coupons for marathon participants. Online registration for the marathon closes on May 11 at 11:59 PM.

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Natural Grocers will collect donations at 85 stores in New Mexico, Colorado, Texas, and Arizona until June 30 to aid communities impacted by recent wildfires in New Mexico. The initiative supports the All Together NM Fund, which provides emergency shelter, food, water distribution, and medical support. Heather Isely, Vice President, emphasized the importance of community support, recalling past experiences with wildfires in Colorado. Funds raised will directly assist those affected, highlighting Natural Grocers' commitment to community outreach.

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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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NGVC Stock Data

756.01M
22.79M
44.2%
33.05%
0.69%
Grocery Stores
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United States of America
LAKEWOOD