Natural Grocers by Vitamin tage(NGVC)
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Natural Grocers® Celebrates National New Mexico Day with a Freebie and $5 Off, June 14-16, 2024
Prnewswire· 2024-06-13 11:19
LAKEWOOD, Colo., June 13, 2024 /PRNewswire/ -- Natural Grocers®, the leading family-operated organic and natural grocery retailer in the U.S., invites customers to its first annual Celebrate New Mexico Event, June 14-16, at its six New Mexico stores. Customers are invited to celebrate National New Mexico Day with a free Natural Grocers reusable tote bag and a $5 off coupon for in-store purchases for all {N}power® members. "My grandparents started Natural Grocers in Colorado back in 1955 with determination, ...
Natural Grocers® Invites Temple, TX Community to Celebrate Grand Remodel Celebration on June 27, 2024
Prnewswire· 2024-06-13 11:07
Natural Grocers has been proud to serve the communities of Texas since the opening of its Dallas - Richardson store in 2008. The Company has since increased its footprint in the Lone Star State to 23 stores and almost 500 employees. Additionally, Natural Grocers proudly stocks an extensive product inventory from over 95 Texan brands. The upgrades to the Temple store will offer customers a brighter, more open atmosphere at the same convenient location, just off I-35, at the corner of General Bruce Drive and ...
Celebrate Father's Day with Natural Grocers®
Prnewswire· 2024-06-12 11:19
Post this June 14 – 16: Customers can enjoy fabulous Father's Day deals and gifts over Father's Day weekend. With savings up to 49% off, these practical, premium products will put a smile on dad's face, while stretching every dollar.[i] {N}POWER® FAMILY PERKS June 16: {N}power members will receive a FREE Epic® Snack Strip or Primal® Strip (meatless vegan jerky). Limit 1 per {N}power account, while supplies last![ii] June 14 -16: {N}power members can enjoy 10% off their entire alcohol purchase at select Natu ...
Natural Grocers® Offers Customers Sizzling Summer Savings with 'Art of Grilling' Event
Prnewswire· 2024-06-05 18:31
Enjoy special discounts, sweepstakes, recipes and more, June 7-9, 2024 LAKEWOOD, Colo., June 5, 2024 /PRNewswire/ -- Natural Grocers®, the largest family-operated organic and natural grocery retailer in the U.S., kicks off grilling season with a weekend of sizzling savings and freebies at this year's 'Art of Grilling' event, June 7-9, 2024. Customers can also enter to win three separate sweepstakes, give back to their communities, and try the company's tested and approved fresh seasonal grilling recipes all ...
Natural Grocers® Celebrates National Oklahoma Day with a Freebie and $5 Off, June 7-9, 2024
Prnewswire· 2024-06-05 15:48
Family-Operated Grocer offers Oklahoma {N}power® members a free state-themed Natural Grocers reusable bag and additional in-store savings LAKEWOOD, Colo., June 5, 2024 /PRNewswire/ -- Natural Grocers®, the leading family-operated organic and natural grocery retailer in the U.S., invites customers to its first annual Celebrate Oklahoma Event, June 7-9, at its six Oklahoma stores. Customers are invited to celebrate National Oklahoma Day with a free Natural Grocers reusable tote bag and a $5 off coupon for in- ...
Natural Grocers® Supports Regional American Red Cross Tornado Relief Efforts by Collecting Donations at Select Stores in Iowa and Texas
Prnewswire· 2024-05-31 11:17
Funds will go to the American Red Cross, and its ongoing regional tornado relief efforts. Post this These funds will go to the American Red Cross, and its ongoing regional tornado relief efforts. COMMITMENT TO COMMUNITY One of the Natural Grocers' founding principles is a "Commitment to Community." In the decades since its inception, Natural Grocers has developed enduring partnerships with various charities, non-profits and organizations that better the lives of communities in the 21 states the company serv ...
Natural Grocers® Grant Subsidizes Women's Entry Fees for Annual Jesse Blancarte Time Trial in Gardner, Kansas: June 16, 2024
prnewswire.com· 2024-05-30 11:27
ABOUT NATURAL GROCERS CYCLING Natural Grocers Cycling has been a living, pedaling extension of the Company's founding principles since 1987. The squad has a broad range of riders, encompassing all disciplines of cycling. With over 100 members, you'll spot these riders on the trails, the roads, volunteering at events and, of course, at Natural Grocers stores all around the country to support healthy living on and off the bike. Natural Grocers Cycling is interested in growing the cycling communities in which ...
Natural Grocers® Proudly Renews Partnership with UCHealth in its Ready. Set. CO Challenge
Prnewswire· 2024-05-28 11:17
THE HISTORY OF READY. SET. CO "At Natural Grocers, we are dedicated to supporting the health and wellness of our communities. Partnering with UCHealth for the Ready. Set. CO. program is a perfect alignment with our mission to provide access to high-quality, affordable nutrition and promote healthy living," said Raquel Isely, Vice President of Natural Grocers. "We are delighted to renew our partnership commitment. We're proud to be included in this amazing group of partners, each invested in the health and w ...
Natural Grocers by Vitamin tage(NGVC) - 2024 Q2 - Earnings Call Transcript
2024-05-11 13:19
Financial Data and Key Metrics Changes - Net sales increased by 8.8% year-over-year to $308.1 million, with daily average comparable store sales rising by 7.5% and 10.2% on a two-year basis [34][21] - Diluted earnings per share increased by 34.6% to $0.35, compared to $0.26 in the same quarter last year [26][21] - Gross margin improved by 20 basis points to 29.3%, driven by store occupancy cost leverage, despite lower product margins due to a reduced supplement sales mix [25][21] Business Line Data and Key Metrics Changes - Daily average transaction size increased by 3.9%, with half attributed to an increase in items per basket and the other half to product cost inflation [34][10] - Strong sales growth was observed across all product categories, particularly in meat, dairy, and body care, while dietary supplement sales comp was in the low single digits [10][21] Market Data and Key Metrics Changes - The company reported a 78% net sales penetration from its loyalty program, up from 76% a year ago, indicating effective customer engagement [8][28] - The annualized cost inflation for the second quarter was approximately 2%, down 1 percentage point from the previous quarter [34] Company Strategy and Development Direction - The company emphasizes a differentiated business model focusing on high product standards, affordable pricing, and free science-based nutrition education, which resonates with health-conscious consumers [7][27] - Future plans include opening four to six new stores and relocating or remodeling four to six stores, with a capital expenditure budget of $30 million to $39 million [39] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the ability to drive growth and enhance stakeholder value, citing strong sales momentum and effective expense management [17][21] - The outlook anticipates a moderation in daily average comparable store sales growth in the second half of the year due to cycling stronger comps from the previous year [39] Other Important Information - The company ended the quarter with $11 million in cash and cash equivalents and generated $36.8 million in cash from operations [12] - Store expenses increased by 6.2%, primarily due to higher compensation expenses, but as a percentage of sales, they decreased by 50 basis points [11] Q&A Session Summary Question: What do you attribute your success to with your strong comp? - The company attributes its success to effective communication with customers through its loyalty program, which drives shopping frequency and increases basket size [28] Question: Do you feel Ozempic is impacting your business? - Management noted that all categories are performing well in new stores, with strong community engagement contributing to success [29][30]
Natural Grocers by Vitamin Cottage, Inc. Declares Quarterly Dividend
Prnewswire· 2024-05-09 20:11
LAKEWOOD, Colo., May 9, 2024 /PRNewswire/ -- Natural Grocers by Vitamin Cottage, Inc. (NYSE: NGVC) today announced that the Company's Board of Directors has declared a quarterly cash dividend of $0.10 per common share. The dividend will be paid on June 19, 2024 to all stockholders of record at the close of business on June 3, 2024. About Natural Grocers by Vitamin Cottage Natural Grocers by Vitamin Cottage, Inc. (NYSE: NGVC) is an expanding specialty retailer of natural and organic groceries, body care pro ...