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, the largest family-operated organic and natural grocery retailer in the US, is sponsoring the Colorado High School Cycling League's 2024 season. The League, a nonprofit empowering youth through mountain bike racing, has grown significantly since its 2009 founding. In 2024, it includes almost 1,500 student-athletes from 88 teams representing about 150 high schools.
The partnership aligns with Natural Grocers' commitment to community health and wellbeing. Founded in 1955, the company operates 169 stores across 21 states, with 46 in Colorado. Natural Grocers will be present at select races, offering information about their free in-store nutrition education programs and health coaching services.
Natural Grocers, the leading family-operated organic grocery retailer in the U.S., has partnered with local artist Sara L. Smith for a large-scale mural project at their new Incline Village, NV store. The mural, showcasing local flora and fauna, aligns with Natural Grocers' commitment to community engagement and environmental sustainability. The store, which opened on July 31, 2024, features sustainable building materials and energy-saving innovations.
A community collaboration event is scheduled for August 31, 2024, from 10 AM to 2 PM, inviting residents to contribute to the mural's lower section. The project aims to celebrate Tahoe's beauty and highlight the interconnectedness of the ecosystem, featuring local pollinators, native plants, and wildlife.
Natural Grocers, the leading family-operated organic and natural grocery retailer in the U.S., is celebrating Missouri Statehood Day from August 10-12, 2024, at its seven Missouri stores. The event offers {N}power members a free state-themed reusable bag and a $5 off coupon for in-store purchases. Natural Grocers expanded to Missouri in 2011 and now has stores in Columbia, Independence, St. Joseph, Liberty, Joplin, Jefferson City, and Springfield.
The company's commitment to Missouri includes providing careers for approximately 125 Crew members in the state, offering excellent benefits and access to high-quality, affordable products. Natural Grocers invites customers to join their free {N}power rewards program to enjoy exclusive discounts and earn valuable points with every visit.
Natural Grocers has launched a -edition Pecan Caramel Pie coffee to commemorate its 69th anniversary. This Fair Trade Certified™ and organic ground gourmet coffee is part of the Natural Grocers® Brand Products line and will be on sale for $6.99/10 oz from August 9 to September 7, 2024, while supplies last.
The company emphasizes its commitment to sustainability, quality, and community in its private label products. Natural Grocers has been sourcing 100% organic and Fair Trade Certified coffee for its private label since 2018, making it the first national private label grocery line to meet this high standard.
The 2024 Anniversary coffee blend is one of twelve variations in the company's house brand coffee line. It is roasted in the USA from globally sourced Arabica beans, made with natural flavors, and packaged in BPA-free bags. This release is part of Natural Grocers' ongoing expansion of its house brand, which currently includes over 800 high-quality products.
Natural Grocers by Vitamin Cottage (NYSE: NGVC) has declared a quarterly cash dividend of $0.10 per common share, payable on September 18, 2024, to stockholders of record as of September 3, 2024. The company, founded in 1955, is a specialty retailer of natural and organic groceries, body care products, and dietary supplements. Natural Grocers operates 169 stores across 21 states, offering products that meet strict quality guidelines without artificial additives or hydrogenated oils. The company is known for its:
- USDA certified organic produce
- Pasture-raised, non-confinement dairy products
- Free-range eggs
- Flexible smaller-store format
- Affordable prices
- Free science-based nutrition education programs
Natural Grocers by Vitamin Cottage (NYSE: NGVC) reported strong Q3 fiscal 2024 results, with net sales increasing 9.7% to $309.1 million. The company experienced a 7.2% increase in daily average comparable store sales, driven by a 4.7% rise in transaction count and a 2.4% increase in transaction size. Operating income surged 41.4% to $12.8 million, while net income grew 30.2% to $9.2 million. Diluted earnings per share reached $0.40.
Based on these robust results, Natural Grocers has raised its fiscal 2024 outlook, projecting daily average comparable store sales growth of 6.0% to 7.0% and diluted earnings per share between $1.27 and $1.34. The company also declared a quarterly cash dividend of $0.10 per common share, payable on September 18, 2024.
Natural Grocers, the largest family-operated organic and natural grocery retailer in the U.S., is celebrating its 69th Anniversary with a three-day event from August 15-17, 2024. The celebration features:
- Epic Savings of up to 53% off on over 500 products
- Free snow cones, popcorn, and other treats
- A chance to win over $126,000 in prizes, including a Tesla Model Y or $47,000 cash
- -edition Pecan Caramel Pie flavored coffee
- Exclusive {N}power member giveaways and specials
The company, founded in 1955, continues to adhere to its Five Founding Principles and now operates 169 stores in 21 states. Natural Grocers will also donate 1% of all sales on August 15 to the Heroes in Aprons Fund, supporting crew members during times of hardship.
Natural Grocers by Vitamin Cottage (NYSE: NGVC) has announced its upcoming third quarter fiscal year 2024 earnings conference call and webcast. The company will release its financial results on Thursday, August 8, 2024, after the market close. Following this, a conference call with financial analysts and investors will be held at 2:30 p.m. Mountain Time (4:30 p.m. Eastern Time).
Participants can join the call by dialing 1-888-347-6606 (U.S.), 1-855-669-9657 (Canada), or 1-412-902-4289 (International), using the conference ID 'Natural Grocers Q3 FY 2024 Earnings Call'. The webcast will be accessible via the company's Investor Relations website. An audio recording of the call will be archived on the website for at least 20 days.
Natural Grocers, the largest family-operated organic and natural grocery retailer in the US, has announced a partnership with the Foundation for Fresh Produce to offer 'Nutrition 4 the Win' classes at select locations from August 19-31, 2024. This free, educational nutrition class is designed for kids and parents, focusing on how fruits and vegetables fuel growing bodies and minds.
The class, led by Nutritional Health Coaches, will include activities such as making and sampling healthy foods, emphasizing eating a rainbow of fruits and vegetables. Participants will receive a $5 off $25 coupon for use at any Natural Grocers location. This initiative aligns with Natural Grocers' commitment to organic produce, being the only large grocery chain offering 100% USDA certified organic produce.
Natural Grocers, America's largest family-operated organic and natural grocery retailer, has expanded its house brand sports supplement line with two new electrolyte products. The new offerings include Natural Grocers Brand Electrolytes in powder and capsule formats, available at the company's Always Affordable Prices. Both products are GMP third-party certified and support hydration, muscle function, and physical performance.
The electrolyte powder comes in a 4 oz. container with 60 servings, priced at $14.49. The capsules are available in a 90-count bottle with 45 servings, priced at $15.99. These additions demonstrate Natural Grocers' commitment to expanding its private label line, which now includes over 800 high-quality products.
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?
