The earnings call reflected strong financial performance with record sales and earnings, improved margins, and robust customer engagement through loyalty programs. However, there were some areas of concern, including a reduction in the outlook for new store openings and increased administrative expenses. Overall, the positive results and strategic growth initiatives outweighed the challenges.

Company Guidance

During the Natural Grocers Second Quarter Fiscal Year 2025 Earnings Conference Call, key financial metrics were highlighted, reflecting the company's robust performance. Daily average comparable store sales surged by 8.9%, with a two-year increase of 16.4%. The transaction count saw a 5.9% rise, and the transaction size increased by 2.8%. Operating income jumped 55.9% to $17.6 million, and net income rose by 64.6% to $13.1 million, with diluted earnings per share climbing 60% to $0.56. The adjusted EBITDA increased by 33.3% to $26.3 million. Natural Grocers raised its fiscal 2025 guidance, projecting daily average comparable store sales growth between 6.5% and 7.5% and diluted earnings per share ranging from $1.78 to $1.86. The company plans to open three to four new stores and relocate or remodel two to four stores during fiscal 2025, with expectations to expand by six to eight new stores annually in the future.

Record Sales and Earnings

Natural Grocers reported record sales and earnings for the second quarter of fiscal year 2025 with net sales increasing 9% from the prior year to $335.8 million.

Strong Comparable Store Sales Growth

Daily average comparable store sales increased 8.9% and accelerated to 16.4% on a two-year basis. Transaction count comp increased 5.9% and transaction size comp increased 2.8%.

Operating Margin and Earnings Per Share Improvement

Operating margin improved by 150 basis points, and diluted earnings per share increased by 60% to $0.56.

Loyalty Program and Brand Product Growth

Net sales penetration of the Npower Rewards program rose to 81% from 78% a year ago, and Natural Grocers brand products accounted for 8.6% of total sales, up from 8.5%.

Expansion and Development Plans

The company opened new stores in Brownsville and Waco, Texas, and plans to open three to four new stores and relocate or remodel two to four stores in fiscal 2025.

Natural Grocers (NGVC) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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NGVC Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 13, 2025	2025 (Q4)	0.45 / -	0.39	―	―	―
Aug 07, 2025	2025 (Q3)	0.49 / 0.54	0.4	34.00% (+0.14)	―
May 08, 2025	2025 (Q2)	0.42 / 0.75	0.35	115.43% (+0.40)	―
Feb 06, 2025	2025 (Q1)	0.40 / 0.43	0.34	26.47% (+0.09)	―
Nov 21, 2024	2024 (Q4)	0.28 / 0.39	0.26	50.00% (+0.13)	―
Aug 08, 2024	2024 (Q3)	0.30 / 0.40	0.31	29.03% (+0.09)	―
May 09, 2024	2024 (Q2)	0.31 / 0.35	0.29	20.69% (+0.06)	―
Feb 08, 2024	2024 (Q1)	0.20 / 0.34	0.19	78.95% (+0.15)	―
Nov 16, 2023	2023 (Q4)	0.20 / 0.26	0.09	188.89% (+0.17)	―
Aug 03, 2023	2023 (Q3)	0.15 / 0.31	0.17	82.35% (+0.14)	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

NGVC Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 07, 2025	$36.90	$39.38	+6.72%
May 08, 2025	$45.62	$59.41	+30.23%
Feb 06, 2025	$49.79	$49.13	-1.33%
Nov 21, 2024	$35.86	$45.11	+25.79%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Natural Grocers By Vitamin Cottage (NGVC) report earnings?

Natural Grocers By Vitamin Cottage (NGVC) is schdueled to report earning on Nov 13, 2025, After Close (Confirmed).

What is Natural Grocers By Vitamin Cottage (NGVC) earnings time?

Natural Grocers By Vitamin Cottage (NGVC) earnings time is at Nov 13, 2025, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is NGVC EPS forecast?

NGVC EPS forecast for the fiscal quarter 2025 (Q4) is 0.45.

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