Natural Grocers By Vitamin Cottage ( (NGVC) ) has released its Q3 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 that focuses on providing natural and organic groceries, body care products, and dietary supplements, with a commitment to high-quality standards and affordable pricing.
In its third quarter of fiscal 2025, Natural Grocers reported a notable increase in net sales and earnings, surpassing expectations and prompting an upward revision of its fiscal outlook. The company highlighted strong sales performance and effective promotional strategies as key drivers of its financial success.
Key financial metrics for the quarter included a 6.3% increase in net sales to $328.7 million, a 26% rise in net income to $11.6 million, and a 10.1% growth in adjusted EBITDA to $24.4 million. Despite a temporary disruption caused by a cybersecurity incident at its primary distributor, the company maintained robust sales growth and improved its operating margin by 50 basis points.
Looking ahead, Natural Grocers has raised its fiscal 2025 outlook, anticipating higher daily average comparable store sales growth and increased diluted earnings per share. The company remains optimistic about its future performance, with plans for new store openings and remodels in the coming fiscal year.