Natural Grocers By Vitamin Cottage ( (NGVC) ) has released its Q1 earnings. Here is a breakdown of the information Natural Grocers By Vitamin Cottage presented to its investors.
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Natural Grocers by Vitamin Cottage, Inc. is a specialty retailer focused on providing natural and organic groceries, body care products, and dietary supplements, adhering to strict quality guidelines and offering nutrition education programs.
In the first quarter of fiscal 2025, Natural Grocers reported a strong start with a 9.4% increase in net sales to $330.2 million and a notable 28.1% rise in net income to $9.9 million, reflecting positive momentum and consumer alignment with health-focused products.
Key highlights from the earnings report include an 8.9% increase in daily average comparable store sales, a 26.5% boost in diluted earnings per share, and a rise in adjusted EBITDA to $22.8 million. The company also relocated two stores and announced a quarterly dividend of $0.12 per share.
Looking forward, Natural Grocers has raised its fiscal 2025 outlook, forecasting growth in comparable store sales and earnings per share, positioning itself well amid favorable consumer trends and market conditions.
