Welcome to our dedicated page for NATURAL GROCERS BY VITAMIN COTTAGE news (Ticker: NGVC), a resource for investors and traders seeking the latest updates and insights on NATURAL GROCERS BY VITAMIN COTTAGE stock.
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 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.
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.
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.
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.
Natural Grocers by Vitamin Cottage (NYSE: NGVC) announced a quarterly cash dividend of $0.10 per common share. This dividend will be paid on June 15, 2022, to stockholders of record by the close of business on May 31, 2022. The company's commitment to providing affordable natural and organic groceries continues, with strict quality guidelines for their products. With 162 stores across 20 states, it emphasizes customer education and high-quality offerings while fulfilling its role in the organic retail market.
Natural Grocers by Vitamin Cottage (NYSE: NGVC) reported robust financial results for Q2 fiscal 2022, with net sales increasing 4.9% to $271.8 million, driven by a 4.3% rise in daily average comparable store sales. Operating income surged 32.2% to $8.9 million, and net income rose 35.1% to $6.4 million, translating to diluted EPS of $0.28. The company also raised its fiscal 2022 outlook, anticipating diluted EPS between $0.85 and $0.96. Factors contributing to growth include increased customer demand for natural products and effective marketing strategies.
Natural Grocers, a leading organic grocery retailer, is celebrating Mother's Day with a special $5 Breakfast Bundle deal available from May 7 to 20 in Springfield, MO. Customers can purchase Natural Grocers Brand bacon for $2.99 and Free-Range Eggs for $1.99 to receive a complimentary Gluten-free Pancake and Waffle Mix valued at $4.99. Additionally, discounts of up to 47% on various products and exclusive offers for {N}power loyalty members are available through May 21. Natural Grocers emphasizes family values and provides quality organic products.
Natural Grocers is celebrating Mother's Day with a special '$5 Breakfast Bundle' deal from May 7 to 20 in Jonesboro, AR. Customers can purchase Hickory Smoked Bacon for $2.99 and a dozen Free-Range Eggs for $1.99, receiving a free Gluten-Free Pancake and Waffle Mix valued at $4.99.
Additionally, {N}power loyalty members can enjoy discounts and promotions, including a free chocolate bar from May 6 to 8. The retailer emphasizes its commitment to quality and nutrition through various offerings.
Natural Grocers by Vitamin Cottage (NYSE: NGVC) will disclose its Q2 fiscal year 2022 financial results on May 5, 2022, after market close. A conference call for analysts and investors will follow at 2:30 PM MT (4:30 PM ET) to discuss the earnings. Interested participants can join by calling 1-888-347-6606 for U.S. callers, or via the Investor Relations section of the Company's website. The company, known for its natural and organic grocery products, operates 162 stores across 20 states, emphasizing quality and education in health and nutrition.
FAQ
What is the current stock price of NATURAL GROCERS BY VITAMIN COTTAGE (NGVC)?
What is the market cap of NATURAL GROCERS BY VITAMIN COTTAGE (NGVC)?
What products does Natural Grocers by Vitamin Cottage offer?
What is Natural Grocers' {N}power program?
How does Natural Grocers support community initiatives?
Where is Natural Grocers headquartered?
How does Natural Grocers ensure product quality?
What recent awards has Natural Grocers received?
What financial performance did Natural Grocers report in the second quarter of fiscal 2024?
How many stores does Natural Grocers operate?
What kind of educational programs does Natural Grocers offer?
What is the Ladybug Love campaign?
