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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® has announced the closure of its Downtown Denver store at Colfax and Washington on October 31, 2024. The decision was made due to operating challenges, including retail theft and safety issues impacting the store's performance. Starting October 4, the store will offer a 10% discount on all items, with all sales being final.

Kemper Isely, Co-President of Natural Grocers, expressed the difficulty of this decision and the company's commitment to serving the Downtown Denver area through neighboring stores. The company is working to identify transfer opportunities for affected Crew members to other stores, with transition packages offered to those unable to transfer.

Natural Grocers will continue to serve customers through its nearby locations in Denver, including Leetsdale & Alameda, RiNo, Design District, Central Park, Tennyson & 38th, and Colorado & Evans.

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Natural Grocers announces the relocation of its Highlands Ranch store to a new space at 9315 Dorchester Street, Highlands Ranch, CO, opening on October 10, 2024. The grand reopening event will feature giveaways, discounts, and a $2,500 donation to Food Bank of the Rockies. Highlights include:

- 25% off Organic Produce from October 10-12
- Up to 50% off select items through November 30
- First 150 customers receive mystery gift cards ($5-$500)
- First 500 shoppers get handcrafted Ecuadorian alpaca wool hats and scarves
- Grand Reopening Sweepstakes with prizes including an e-bike and $500 gift card

The new location offers an expanded organic produce section, larger body care department, and over 5,000 supplement SKUs. Natural Grocers continues its commitment to premium quality products at affordable prices, free nutritional health coaching, and community support through its 'Bring Your Own Bag' program benefiting Food Bank of the Rockies.

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Natural Grocers, the largest family-operated natural and organic retailer in the US, has been voted 'Best Supermarket' in the 2024 Readers' Choice Awards presented by Newsweek. The company secured the top spot among 15 finalists selected by expert panelists, with voting conducted from June 20 to July 18, 2024.

Raquel Isely, VP of Marketing, expressed pride in the recognition, highlighting the company's commitment to improving human health, environmental sustainability, and economic robustness. Natural Grocers differentiates itself through its 100% organic produce, pasture-based dairy, free-range eggs, and humanely raised meats. The company also offers in-store Nutritional Health Coaches and emphasizes high-quality, affordable private-label products.

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Natural Grocers has been voted 'Best Natural Food Stores, 2024' in the Green Matters Approved contest, ranking #1 among 14 finalists chosen by the Green Matters editorial team. The contest, which ran from June 25 to July 7, 2024, allowed readers to vote for their favorite natural food stores, both online and in-person. Natural Grocers, the largest family-operated natural and organic retailer in the U.S., secured the top spot in the final Top Ten list.

Raquel Isely, VP of Marketing at Natural Grocers, expressed pride in the recognition, highlighting the company's commitment to regenerative and sustainable practices. Natural Grocers is known for its wide range of natural and organic options, free nutritional education services, and high product standards. The company also emphasizes environmental consciousness through sustainable building features and energy-saving innovations.

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Natural Grocers, the leading family-operated organic and natural grocery retailer in the U.S., is hosting its first 'Denver Family Fun Days' from September 20-22, 2024, at 23 participating Denver Metro area stores. The event offers family-friendly freebies and discounts on select products perfect for kids.

Promotional offers include discounts on items like Bobo's Oat Bars ($2.15/ea.), Mamma Chia Organic Chia Squeeze Pouches ($1.55/ea.), and Annie's Organic Mac & Cheese Mixes (2/$6). Free items for children 12 and under include YumEarth Lollipops and Natural Grocers Brand Organic Snack Packs. The first 50 customers on September 21 will receive a free Natural Grocers Insulated Lunch Bag.

Natural Grocers, founded in Colorado in 1955, continues to serve Coloradoans with natural and organic options at Always Affordable prices. The company is celebrating Organic Month with additional savings through September 28.

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Natural Grocers, a leading organic and natural grocery retailer, has announced a collaboration with Bitchin' Sauce, a vegan nut-based dip brand. Through September 30, 2024, $1 from every Bitchin' Sauce purchase at Natural Grocers will be donated to the Natural Grocers Heroes in Aprons Fund, a nonprofit supporting employees facing economic hardship. The partnership includes special promotions:

1. All Bitchin' Sauce varieties on sale for $3.99/8 oz from September 6-28
2. Organic sauces discounted to $2.79/8 oz during Natural Grocers' Organic Month Celebration (September 12-14)
3. A new co-branded Spinach Artichoke Pizza recipe

The collaboration aims to support Natural Grocers employees while offering customers discounts on popular products.

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Natural Grocers, known as the nation's Organic Month Headquarters®, is celebrating Organic Month in September 2024 with special promotions and events. The company is offering month-long discounts on organic products, community education, and fundraising efforts. Customers can enjoy savings of up to 55% on select organic items from September 12-14, along with free samples and exclusive {N}power member perks.

Natural Grocers has also announced a new partnership with Rodale Institute, aiming to raise $100,000 for regenerative organic agriculture. The company is promoting organic education through various initiatives, including '30 Reasons Why Organic is good4u' and 'Let's Taco 'Bout Organics!' classes. This celebration highlights Natural Grocers' long-standing commitment to organic agriculture and its efforts to make organic products more accessible to consumers.

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Natural Grocers has announced a new partnership with Rodale Institute, a nonprofit dedicated to growing the regenerative organic agricultural movement. The partnership kicks off with a fundraising campaign during Organic Month (September) at all 169 Natural Grocers locations, aiming to raise $100,000 for Rodale Institute's Farmer Training and Veteran Farmer Training programs.

Customers can contribute through donations at the register and purchases of themed reusable shopping bags. Natural Grocers will focus its monthly community educational efforts, discounts, recipes, and giveaways on the organic food movement and regenerative agriculture. The partnership aligns with Natural Grocers' commitment to organic advocacy and Rodale Institute's mission to support the next generation of organic farmers.

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Natural Grocers, the largest family-operated organic and natural grocery retailer in the U.S., is offering special Labor Day deals from August 30 to September 5, 2024. Customers can enjoy discounts of up to 41% off select items, including grass-fed beef, organic hamburger buns, and organic cold brew coffee. The company is also promoting end-of-summer recipes from their top chefs and nutrition consultants, such as Grilled Green Chile Turkey Burgers and Mediterranean Tuna Salad.

Additionally, Natural Grocers is gearing up for Organic Month in September, featuring special discounts, community education efforts, and a partnership with the Rodale Institute to support regenerative organic farming. Customers can expect savings of up to 55% off select organic products from September 12-14.

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Natural Grocers, the leading family-operated organic and natural grocery retailer in the U.S., is planning to open a new store in Waco, TX this winter. The company is hosting a Community Meet & Greet event on September 10 and a two-day Hiring Event on September 11-12, 2024, at the Courtyard Waco hotel. Natural Grocers is looking to fill various positions, including a Nutritional Health Coach ($21/hr), Vitamin Manager ($18/hr), and several other roles ranging from $15 to $16 per hour.

The company offers competitive pay, including the Natural Grocers Vitamin Bucks program, which provides an extra $1-per-hour worked of in-store credit. Employees also receive birthday bonus pay, substantial store discounts, and comprehensive benefits packages for full-time employees.

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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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