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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
Natural Grocers by Vitamin Cottage (NYSE: NGVC) is launching its "Rock the Grill" event throughout July 2021 at all 161 stores, celebrating National Grilling Month. The event features discounts up to 49% on various products from July 15-17, including grill staples and meal deals starting at under $12. Additionally, {N}power members are entered into sweepstakes for a YETI cooler or gift cards with qualifying purchases. A food bank fundraiser is also included, donating $1 for every reusable bag sold, from June 25 to July 31.
Natural Grocers is set to remodel its Wichita, KS store, enhancing the shopping experience with a modern layout and upgraded features. The store will temporarily close from June 21 to June 25 and will celebrate its grand reopening on July 5 with 25% off storewide, special giveaways, and a prize contest. The remodel includes sustainable building features, a Nutrition Education Center, and expanded product offerings. This location, operational since 2011, aims to better serve the Wichita community with a focus on organic and health-conscious products.
Natural Grocers™ will relocate and expand its Midland, TX store, closing the current location on May 17 and reopening at 3001 Loop 250 Frontage Road on May 20. The new store will be over 25% larger, featuring a modern layout, improved checkout, and a Nutrition Education Center. Customers can enjoy expanded organic produce, vitamins, and meats. The grand reopening will include giveaways, discounts, and a prize contest from May 20 to 24. Natural Grocers emphasizes sustainability with energy-efficient upgrades and offers free health coaching for customers.
Natural Grocers by Vitamin Cottage (NYSE: NGVC) has declared a quarterly cash dividend of $0.07 per share, set to be paid on June 16, 2021. This dividend will benefit stockholders of record as of June 1, 2021. The company, which operates 161 stores across 20 states, focuses on natural and organic products, adhering to strict quality standards. Established in 1955, Natural Grocers emphasizes affordable pricing and provides free nutrition education programs to assist customers in making informed health choices.
Natural Grocers by Vitamin Cottage (NGVC) reported a 6.6% decline in net sales for Q2 FY 2021, totaling $259.2 million, compared to the same period in FY 2020. Daily average comparable store sales fell 7.0%, influenced by severe weather and challenging year-over-year comparisons due to pandemic-related sales spikes. Operating income decreased 49.4% to $6.7 million, with diluted earnings per share at $0.21. Despite these challenges, the company confirmed its fiscal 2021 outlook, adjusting new store openings to 3-4.
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.
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