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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 has enhanced its 2020 Holly Deals, offering up to 51% discounts on over 100 products from December 12 to 24. The initiative aims to simplify holiday shopping as COVID-19 alters traditions, positioning Natural Grocers as a local one-stop shop. The deals include items across four categories: gifts, baking and cooking essentials, and party foods. Additionally, the company continues its support for local food banks through customer donations until December 31.
Natural Grocers by Vitamin Cottage (NYSE: NGVC) has declared a special cash dividend of $2.00 per share, payable on December 16, 2020, to stockholders of record by November 30, 2020. Additionally, a quarterly cash dividend of $0.07 will also be distributed on the same date. The special dividend will be funded through available cash and a $35.0 million term loan facility. This reinforces the company’s commitment to providing shareholder returns while maintaining a sustainable business model.
Natural Grocers by Vitamin Cottage (NYSE: NGVC) reported a strong fourth quarter for fiscal 2020, with net sales rising 16.3% to $264.2 million. Daily average comparable store sales increased 13.2%. Operating income surged 78.7% to $5.0 million, while net income soared 174.2% to $3.7 million, translating to earnings per share of $0.16. The Board declared a $2.00 special dividend and a quarterly dividend of $0.07. For fiscal 2021, the company projects EPS of $0.60 to $0.70 amidst ongoing pandemic challenges.
Natural Grocers by Vitamin Cottage, Inc. (NYSE: NGVC) will announce its fourth quarter and fiscal year 2020 financial results on November 19, 2020, after market close. Following the release, a conference call for analysts and investors is scheduled for 2:30 p.m. MT (4:30 p.m. ET), accessible via phone and webcast. Established in 1955, Natural Grocers operates 159 stores across 20 states, focusing on natural and organic products. The company adheres to strict quality standards and provides free nutrition education, ensuring customer health and informed choices.
Natural Grocers, the largest family-operated natural and organic grocery retailer in the U.S., will hold a special Post-Election Promo from November 5 to November 7, 2020. Loyalty program members {N}power can enjoy a free chocolate bar and exclusive discounts. Customers can also enter a sweepstakes for various prizes, including a $500 gift card. Discounts include pasture-raised bacon and organic snack packs. Customers may pre-order Thanksgiving turkeys during the event. Natural Grocers operates 159 stores across 20 states and sells strictly quality organic products.
Natural Grocers has opened its Cottage Craft Beer shop in Denver's Green Valley Ranch, featuring a selection of craft beers, hard kombucha, and seltzer. Customers will enjoy a 25% storewide discount from October 26 to November 1, 2020. The shop highlights local, organic, and gluten-free options, prioritizing sustainability and high-quality ingredients. This expansion aligns with the company's commitment to providing affordable, nutritious products while enhancing the shopping experience. Natural Grocers operates 159 stores across 20 states, focusing on natural and organic products.
Natural Grocers announced the launch of its new store in Los Alamos, opening on October 28, 2020. This location aims to cater to health-conscious consumers by providing 100% organic products, including produce, meats, and dairy, all at competitive prices. The store will offer special grand opening discounts from October 28 to November 11. Although the grand opening celebration is postponed due to COVID-19, the store promotes a safe shopping environment and features a free Nutritional Health Coach to assist customers. This marks the 6th store in New Mexico for Natural Grocers.
Natural Grocers announces its partnership with Mary's Free-Range Turkey for Thanksgiving, offering high-quality, humanely raised turkeys. The company introduces a playful 13-minute video titled "Let's Talk Turkey," showcasing different turkey types available for pre-order. Customers can reserve turkeys online before October 31, 2020, for a chance to earn a $5 reward. Mary's turkeys adhere to strict standards, ensuring no antibiotics, non-GMO feed, and humane practices. Natural Grocers operates 159 stores across 20 states, emphasizing affordable organic and natural grocery options.
Natural Grocers has initiated the "Rooted in Community Gratitude Giveaway" to recognize local heroes during 2020. Customers can nominate someone who has inspired them by submitting a short essay. Six themed prize packages featuring Natural Grocers Brand Products will be awarded, including a $5 gift card and a reusable shopping bag. Monthly, 10 winners will be randomly selected from the submissions, promoting community connection and customer engagement. The initiative underscores Natural Grocers' commitment to quality products and support for local farmers.
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