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, the largest family-operated natural grocery retailer in the U.S., has launched an expanded line of Natural Grocers Brand Vitamins & Supplements. This new range includes over 100 products composed of vitamins, herbs, minerals, and precision formulas, ensuring high quality while remaining accessible in price. To celebrate the launch, the company is offering a 25% discount for {N}power loyalty program members throughout May. All products adhere to rigorous third-party certified Good Manufacturing Practices, underscoring the brand's commitment to quality and customer trust.
Natural Grocers by Vitamin Cottage (NYSE: NGVC) is set to release its second quarter fiscal year 2021 financial results after market close on May 6, 2021. A conference call for investors will follow at 2:30 PM MT (4:30 PM ET). Participants can call 1-800-670-8680 in the U.S. or 1-303-223-4396 internationally, with conference ID 21993602. The conference call will be available via webcast on the Investor Relations section of the company’s website, and an audio recording will be archived for 30 days.
Natural Grocers will reopen its Pueblo, CO store on May 6, 2021, after relocating just steps away. The new store will be over 30% larger, featuring a modern layout, improved checkout, and a Nutrition Education Center. Customers can expect broader product selections including organic produce and dietary supplements. A grand reopening celebration will include giveaways, discounts, and a chance to win prizes. The store has implemented sustainable features and enhanced COVID-19 safety measures.
Natural Grocers is set to reopen its Preston & Forest location in Dallas, TX on March 31, 2021, with a store that is 40% larger than before. The remodel introduces a modernized shopping experience, enhanced checkout efficiency, and a new Nutrition Education Center. Features like eco-friendly building upgrades and 100% LED lighting reflect its commitment to sustainability. The grand reopening will include giveaways, discounts, and special events for customers.
Natural Grocers initiated disaster relief efforts in Texas following severe winter storms in February 2021. The company provided free water and launched a Severe Weather Pay program for its Texas Crew to ensure financial support during store closures. They raised over $108,000 for local hunger relief through customer donations. With 25 stores in Texas, the retailer reaffirmed its commitment to community support and sustainability, emphasizing access to quality organic products.
Natural Grocers announces the opening of its new store in Jefferson City, MO on March 3, 2021, marking its sixth location in Missouri. The store will offer fresh, organic produce, sustainably raised meats, and more at affordable prices. To celebrate the opening, the first 100 customers will receive complimentary cooler bags with ingredients for gluten-free pancakes. Customers can also enjoy grand opening specials on various products throughout March. The store features a free Nutritional Health Coach to support community health and wellness.
Natural Grocers is providing free filtered water to residents of Lafayette, LA due to adverse weather conditions causing boil water orders. This initiative runs from February 19 to February 23, 2021, allowing residents to collect up to two gallons of water. The store's reverse osmosis system offers safe water without the need for boiling, filtering out various impurities. Customers must bring their containers to fill up. Natural Grocers operates 160 stores nationwide and emphasizes quality natural products.
Natural Grocers is providing free filtered water to Texas residents from February 17 to 23, 2021, due to severe winter storms causing water service disruptions. Customers can fill their containers at Natural Grocers' reverse osmosis water filtration machines, ensuring safe drinking water without the need for boiling. The first five gallons are free, and additional gallons cost 25 cents each. Currently, the Corpus Christi location is unable to participate. For store locations, residents can visit Natural Grocers' website.
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?
