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 by Vitamin Cottage (NYSE: NGVC) will release its fourth quarter and fiscal year 2021 financial results on November 18, 2021, after market close. The company will host a conference call for analysts and investors at 2:30 p.m. MT (4:30 p.m. ET) to discuss the results. Interested parties can participate by dialing the provided numbers or via webcast on the company's Investor Relations website. The archived audio recording will be available for at least 20 days.
Natural Grocers, a leading retailer of organic products, has opened turkey pre-orders for Thanksgiving at its 162 stores across 20 states and online. Customers can choose from six varieties of Mary's Free-Range Turkeys, known for humane farming practices, and other vegan options. Notable offerings include Organic Pre-Cooked Oven Roasted turkeys and Turkey-Time Rewards for registered customers. Orders placed by October 31, 2021, earn a $5 reward, while those spending over $50 from November 17-24 can win a free turkey. Special deals on sides and appetizers will be available.
Natural Grocers, a leading natural grocery retailer, announced a $1.00 hourly pay increase for its Crew members across 162 stores in 20 states, effective October 4, 2021. This change raises the average hourly pay for full-time Crew to $18.43. Starting October 18, 2021, new hourly Crew positions will see starting wages between $14.00 and $18.00. This initiative reflects the company’s commitment to employee welfare and is part of its broader strategy to ensure competitive pay and benefits for all employees.
On October 6, 2021, Natural Grocers announced its first-ever Non-GMO Month, taking place from October 14-16, where customers can save up to 50% on over 30 products. The initiative aims to educate consumers on the importance of choosing Non-GMO items and includes promotions such as free snack packs for {N}power members and daily doorbuster deals. Additionally, customers can enter a $500 gift card sweepstakes. The purpose of this campaign is to promote informed choices about GMOs and support health-focused shopping.
Natural Grocers has launched its first Autumn Scavenger Hunt for {N}power members, running throughout October. Members purchasing Natural Grocers Brand products across five categories—Grocery, Refrigerated & Frozen, Bulk, Supplements, and Cleaning—can earn rewards of $2 for three categories and $5 for all five. The rewards must be redeemed from November 4 to 17, 2021. Natural Grocers continues to expand its product line, which now features over 750 products, enhancing customer engagement while promoting its exclusive loyalty program.
Natural Grocers has opened its 7th location in Missouri, located in Springfield, MO, on September 29, 2021. The store features a wide range of organic products, a Nutrition Education Center, and a new Cottage Wine and Craft Beer shop expected in October. The grand opening celebration includes a prize contest running from September 29 to October 5, with discounts available on select organic produce and products until October 28. The company, founded in 1955, continues to expand its reach while maintaining its commitment to sustainable practices and community health education.
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?
