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NATURAL GROCERS BY VITAMIN COTTAGE, INC - NGVC STOCK NEWS

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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

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Natural Grocers, the largest family-operated organic and natural grocery retailer in the U.S., is celebrating Father's Day and the start of summer with special discounts, freebies, and sweepstakes throughout June. Customers can save up to 49% during the Father's Day weekend from June 14 to 16. Promotions include products like Bob's Red Mill Buttermilk Pancake & Waffle Mix, Honey Stinger Organic Waffles, and Clean Cause Organic Sparkling Yerba Mate Drinks.

Members of the {N}power rewards program will enjoy additional perks, including a free snack on June 16 and 10% off alcohol purchases from June 14 to 16 at select locations. Other offers include meal deals and sweepstakes for a hydroponic herb garden. Various discounts on sunscreen, insect repellents, and other summer essentials will also be available.

Non-members can join the rewards program to receive a $2 reward. The promotions aim to provide healthy and affordable options for families, emphasizing the retailer's commitment to sustainability and community well-being.

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Natural Grocers, the largest family-operated organic and natural grocery retailer in the US, announces its 'Art of Grilling' event from June 7-9, 2024. Customers can enjoy discounts of up to 41% on selected items, participate in sweepstakes to win prizes like a Yeti Tundra Haul Cooler, and receive free reusable bags with purchases. The event promotes humanely raised and sustainably sourced products, with special offers extending through June 30. The company also supports local communities by donating to food banks with every purchase of a -edition reusable bag. Visit Natural Grocers' website or social media for more details.

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Natural Grocers will celebrate National Oklahoma Day with a special event from June 7-9, 2024, at its six Oklahoma stores. The event offers {N}power members a free reusable tote bag and a $5 off coupon for in-store purchases. Headquartered in Colorado, Natural Grocers expanded to Oklahoma in 2011 and now has six stores in the state. The company focuses on regenerative agriculture and high animal welfare standards. It employs over 120 people in Oklahoma, offering them competitive wages and benefits, including free nutrition education and store credit. This initiative aims to appreciate and reward loyal customers while promoting sustainable practices.

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Natural Grocers announces a grand remodel celebration at its Independence, MO store on June 20, 2024. Customers will enjoy 25% off storewide from June 20-22, plus giveaways, sweepstakes, and free samples. The event starts at 8:27 AM with a $2,500 donation to Lunch Partners Ministries and a ribbon-cutting ceremony. Special offers include mystery gift cards for the first 150 customers and a hand-crafted drawstring backpack for the first 500. The remodel features a brighter, more contemporary layout, sustainable building materials, LED lighting, and expanded sections for produce, body care, and supplements. The store continues to prioritize organic, non-GMO products, and offers free nutritional health coaching. Members of the {N}power rewards program will receive exclusive discounts on select items through July 31.

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Natural Grocers Cycling, supported by Natural Grocers, is sponsoring the women's entry fees for the Jesse Blancarte Memorial 10k Time Trial on June 16, 2024, in Gardner, Kansas. This USA Cycling-sanctioned event, organized by The Blue River Bicycle Club, attracts top cycling talent and offers a beginner-friendly atmosphere. The grant from Natural Grocers Cycling reduces women's entry fees to $5, promoting community engagement and active lifestyles. Spectators can enjoy the event at New Century Air Center, with the first rider starting at 9 AM. For more details, visit the event registration site or Natural Grocers Cycling's website.

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Natural Grocers announces the renewal of its partnership with UCHealth for the Ready. Set. CO challenge, aimed at promoting health and wellness among Coloradans.

The program, in its second year, seeks to improve health metrics through community engagement, providing participants with resources like nutritious recipes and wellness tips.

The initiative includes over 50 organizations and nine sports teams and features events like the Outside Festival at Civic Center Park on June 1-2.

Natural Grocers supports the program by offering fresh recipes and local event support, encouraging customers to join the challenge through in-store promotions.

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Natural Grocers by Vitamin Cottage, Inc. (NYSE: NGVC) declared a quarterly cash dividend of $0.10 per common share. The dividend will be paid on June 19, 2024, to stockholders of record on June 3, 2024. Natural Grocers is a specialty retailer of natural and organic groceries, body care products, and dietary supplements, with strict quality standards. The company offers USDA certified organic produce, non-confinement dairy products, and free-range eggs in a shopper-friendly retail environment across 21 states.

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Natural Grocers by Vitamin Cottage, Inc. (NYSE: NGVC) announced its second quarter fiscal 2024 results, showing an 8.8% increase in net sales to $308.1 million, daily average comparable store sales growth of 7.5%, net income of $8.0 million with diluted earnings per share of $0.35, and an adjusted EBITDA of $19.7 million. The company opened one new store and raised its fiscal 2024 outlook for daily average comparable store sales growth and diluted earnings per share due to strong sales growth, effective expense management, and operational leverage.

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Natural Grocers is celebrating Mother's Day with discounts, freebies, a contest, and more, honoring co-founder Margaret Isely. The company, known for its organic and natural products, aims to empower healthier communities through nutrition education and accessible products. Customers can enjoy savings on gifts, groceries, books, and body care products, with special deals for {N}power members. The celebration includes recipes, nutritional education sessions, and a chance to win a $500 gift card.

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Natural Grocers® is hosting its fourth annual Body Care & Beauty Bonanza from May 9-31, 2024, offering customers free samples and up to 30% off natural hygiene and beauty essentials. The event will feature prizes, education, and free beauty bags for the first 50 shoppers at each location. Natural Grocers' Body Care Standards prioritize health and environmental stewardship, with a focus on natural and organic products free from harmful ingredients. The event includes exclusive discounts for {N}power® members and emphasizes cleaner beauty and hygiene routines.

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FAQ

What is the current stock price of NATURAL GROCERS BY VITAMIN COTTAGE (NGVC)?

The current stock price of NATURAL GROCERS BY VITAMIN COTTAGE (NGVC) is $32.84 as of November 15, 2024.

What is the market cap of NATURAL GROCERS BY VITAMIN COTTAGE (NGVC)?

The market cap of NATURAL GROCERS BY VITAMIN COTTAGE (NGVC) is approximately 756.0M.

What products does Natural Grocers by Vitamin Cottage offer?

Natural Grocers offers a wide range of natural and organic groceries, dietary supplements, natural body care, household, and pet care products.

What is Natural Grocers' {N}power program?

{N}power is Natural Grocers' free member rewards program that offers exclusive discounts, digital coupons, rewards benefits, and other members-only features.

How does Natural Grocers support community initiatives?

Natural Grocers supports community initiatives through donations, partnerships with local charities like La Puente, and campaigns like the annual Ladybug Love to promote organic landscape management.

Where is Natural Grocers headquartered?

Natural Grocers is headquartered in Lakewood, Colorado.

How does Natural Grocers ensure product quality?

Natural Grocers maintains strict quality guidelines, ensuring products are free from artificial colors, flavors, preservatives, sweeteners, and hydrogenated oils. They sell only USDA-certified organic produce and pasture-raised, non-confinement dairy products.

What recent awards has Natural Grocers received?

Natural Grocers recently received the Circle of Excellence award from UNFI for exceptional achievements in performance, community impact, and partnership in 2023.

What financial performance did Natural Grocers report in the second quarter of fiscal 2024?

Natural Grocers reported an 8.8% increase in net sales to $308.1 million, with significant earnings growth and margin expansion.

How many stores does Natural Grocers operate?

Natural Grocers operates 168 stores in 21 states.

What kind of educational programs does Natural Grocers offer?

Natural Grocers offers free science-based nutrition education programs, including nutritional counseling and cooking demonstrations.

What is the Ladybug Love campaign?

The Ladybug Love campaign is an initiative by Natural Grocers in partnership with Beyond Pesticides to promote organic landscape management and protect beneficial insects.

NATURAL GROCERS BY VITAMIN COTTAGE, INC

NYSE:NGVC

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NGVC Stock Data

756.01M
22.79M
44.2%
33.05%
0.69%
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