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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, Inc. (NYSE: NGVC) has declared a quarterly cash dividend of $0.07 per share, set to be paid on March 17, 2021, to shareholders of record by March 1, 2021. This announcement reflects the company's commitment to returning value to its investors. Founded in 1955, Natural Grocers specializes in organic groceries and maintains strict quality guidelines for its products. With 160 stores across 20 states, Natural Grocers emphasizes affordability and customer education in health and nutrition.
Natural Grocers by Vitamin Cottage (NGVC) reported strong Q1 fiscal 2021 results, showing a 15.2% increase in net sales to $265.0 million and a 94.4% rise in net income to $3.6 million with diluted EPS of $0.16. Comparable store sales rose 12.7%, while operating income surged 82.7% to $5.2 million. Despite increased expenses, gross profit grew 20.7% to $73.0 million, leading to a gross margin of 27.6%. The company confirmed an outlook for 5-6 new stores and diluted EPS of $0.60 to $0.70 for fiscal 2021.
Natural Grocers by Vitamin Cottage (NYSE: NGVC) will release its first quarter fiscal year 2021 financial results on February 4, 2021, after market close. A conference call for analysts and investors will follow at 2:30 p.m. MT. Interested parties can participate by calling the provided numbers or accessing the webcast through the Investor Relations section of the company’s website. Established in 1955, Natural Grocers operates 160 stores across 20 states, offering organic groceries and dietary supplements without artificial additives.
Natural Grocers announced a groundbreaking giveaway of $500,000 in coupons and gift cards to subscribers of its good4u Health Hotline Magazine. Starting from the March 2021 issue, every subscriber will receive coupons and have a chance to win one of two $1,000 gift cards. To be eligible, customers must subscribe by January 31, 2021. This initiative aims to engage and reward its customer base while promoting health and wellness through its magazine, which includes recipes and nutrition tips.
Natural Grocers, a retailer of natural and organic products, is launching its first annual Body Care & Beauty Bonanza from January 29 to February 27, 2021. The event aims to promote cleaner, safer beauty products with discounts of 15–30% on over 20 brands. Customers can receive free samples, enter giveaways, and participate in contests. The company emphasizes its commitment to safe ingredients, offering more than 150 brands that meet strict quality standards. This initiative aligns with its mission to provide affordable natural products.
Natural Grocers, the largest family-operated natural grocery chain, plans to expand and remodel its Preston & Forest store in Dallas, TX. The location will close temporarily on January 30, 2021, and reopens in mid-March 2021, featuring a modern layout 40% larger than before. To prepare, a special sale will be held from January 16 to 30, offering discounts on body care and supplements. Customers can access nearby locations during the renovation and will receive coupon books for additional discounts at those stores.
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