Exhibit 99.1 Operating Results — Second Quarter Fiscal 2025 Compared to Second Quarter Fiscal 2024 Net sales during the second quarter of fiscal 2025 increased $27.7 million, or 9.0%, to $335.8 million, compared to the second quarter of fiscal 2024, due to a $27.2 million increase in comparable store sales and a $3.5 million increase in new store sales, partially offset by a $2.9 million decrease in net sales related to closed stores. Daily average comparable store sales increased 8.9% in the second quarter ...

Raises Fiscal 2025 OutlookLAKEWOOD, Colo., May 8, 2025 /PRNewswire/ -- Natural Grocers by Vitamin Cottage, Inc. (NYSE: NGVC) today announced results for its second quarter of fiscal 2025 ended March 31, 2025.Highlights for Second Quarter Fiscal 2025 Compared to Second Quarter Fiscal 2024 Net sales increased 9.0% to $335.8 million; Daily average comparable store sales increased 8.9%, and accelerated to 16.4% on a two-year basis; Net income increased 64.6% to $13.1 million, with diluted earnings per share of ...

Financial Performance - Net sales for the three months ended March 31, 2025, increased to $335.769 million, up 9.0% from $308.092 million in the same period of 2024[20] - Gross profit for the six months ended March 31, 2025, was $200.572 million, representing a 12.0% increase from $179.117 million in the prior year[20] - Net income for the three months ended March 31, 2025, was $13.101 million, a significant increase of 64.8% compared to $7.961 million in the same period of 2024[20] - Operating income for the six months ended March 31, 2025, was $30.901 million, up 40.2% from $22.064 million in the same period of 2024[20] - Revenue for the three months ended March 31, 2025, was $335.8 million, a 9% increase from $308.1 million in the same period of 2024[42] - Net income for the six months ended March 31, 2025, was $23.0 million, or $0.99 diluted earnings per share, compared to $15.7 million, or $0.68 diluted earnings per share, for the same period in 2024, representing a 46.6% increase[122] - EBITDA for the three months ended March 31, 2025, was $25.4 million, an increase of $6.5 million, or 34.2%, compared to $19.0 million for the same period in 2024[87] - Adjusted EBITDA for the three months ended March 31, 2025, was $26.3 million, an increase of $6.6 million, or 33.3%, compared to $19.7 million for the same period in 2024[89] Assets and Liabilities - Total current assets rose to $163.248 million as of March 31, 2025, compared to $147.058 million as of September 30, 2024, reflecting a 11.0% increase[18] - Total liabilities decreased to $471.615 million as of March 31, 2025, down from $481.222 million as of September 30, 2024, indicating a reduction of 2.5%[18] - Cash and cash equivalents increased to $21.209 million at the end of March 2025, compared to $8.871 million at the end of September 2024, marking a substantial increase of 139.0%[18] - Total stockholders' equity increased to $192.975 million as of March 31, 2025, up from $174.254 million as of September 30, 2024, representing an increase of 10.8%[18] - The Company had $70.3 million available for borrowing under its Credit Facility as of March 31, 2025, with no revolving loan amounts outstanding[48] - As of March 31, 2025, cash and cash equivalents were $21.2 million, with $70.3 million available for borrowing under the Credit Facility[89] Store Operations - The company operated 169 stores as of March 31, 2025, maintaining the same number of stores as of September 30, 2024[27] - The company operated 169 stores in 21 states as of March 31, 2025, with plans to open three to four new stores in fiscal year 2025[84] - The company opened 2 new stores during the period, bringing the total number of stores to 169[103] - The twelve-month store unit growth rate was 0.6%, down from 1.2% in the previous year[104] Expenses - Store expenses increased by $3.6 million, or 5.1%, to $72.8 million, with store expenses as a percentage of net sales decreasing from 22.5% to 21.7%[108] - Administrative expenses rose by $1.5 million, or 15.8%, to $11.0 million, with administrative expenses as a percentage of net sales increasing from 3.1% to 3.3%[109] - Total lease cost for the three months ended March 31, 2025, was $15.6 million, slightly up from $15.5 million in the same period of 2024, indicating a year-over-year increase of 0.6%[66] - Depreciation and amortization expense totaled $7.9 million for the three months ended March 31, 2025, compared to $7.7 million for the same period in 2024, representing an increase of approximately 2.4%[71] Credit Facility and Financing - The Credit Facility was amended on November 16, 2023, increasing aggregate revolving commitments from $50.0 million to $75.0 million and extending the maturity date to November 16, 2028[47] - The company is in compliance with all covenants under the Credit Facility as of March 31, 2025[146] - Interest expense, net of capitalized interest, decreased to $1.7 million for the six months ended March 31, 2025, down from $2.1 million in the same period of 2024[120] - Cash provided by operating activities decreased by $0.1 million, or 0.3%, to $36.7 million for the six months ended March 31, 2025, compared to $36.8 million for the same period in 2024[137] - Net cash used in financing activities was $8.5 million for the six months ended March 31, 2025, compared to $21.7 million for the same period in 2024, which included a special cash dividend of $22.7 million paid to stockholders in 2024[141] Future Outlook - The company anticipates future sales growth may vary due to increasing competitive conditions and economic factors, including inflationary trends[93] - The company plans to continue opening new stores and relocating/remodeling existing stores, which may require additional borrowings under the Credit Facility[135] - The company plans to spend approximately $20.1 million to $28.1 million on capital expenditures during the remainder of fiscal year 2025, primarily for new store openings and relocations/remodels[139] Accounting Changes - The Company adopted ASU 2016-13 effective October 1, 2023, which did not have a material impact on its consolidated financial statements[33] - The Company expects the adoption of ASU 2023-07, effective for the annual reporting period ending September 30, 2025, to impact its single reportable segment disclosures[34]

Core Insights - Natural Grocers has been operating in Washington since 2014, with five stores currently in Vancouver, Spokane, and Kennewick [1][6] - The company emphasizes its connection to Washington's communities and promotes healthy living and sustainability [2] - A celebration event for National Washington Day is planned from May 10-12, 2025, offering freebies and discounts for {N}power members [3][8] Company Overview - Natural Grocers, founded in 1955, specializes in natural and organic groceries, body care products, and dietary supplements, adhering to strict quality guidelines [6][10] - The company operates 169 stores across 21 states, with a commitment to community and employee well-being, investing over $15 million in Crew compensation in fiscal year 2024 [10] Customer Engagement - The {N}power rewards program offers exclusive discounts and rewards points for members, encouraging customer loyalty [4][12] - During the National Washington Day celebration, {N}power members will receive a limited-edition reusable shopping bag and a $5 off coupon for in-store purchases [8][12] Employment and Community Commitment - Natural Grocers employs approximately 120 local Crew members in Washington, focusing on their physical, emotional, and financial well-being through various programs [5][10] - The company is dedicated to providing high-quality, affordable products while fostering a healthy work-life balance for its employees [5][10]

Core Insights - Natural Grocers has launched a new skincare line that emphasizes affordable self-care with spa-inspired products made from vegan ingredients [1] - The skincare line includes body butters, sugar scrubs, body washes, and creams, all free from parabens, petroleum products, and synthetic fragrances [1] - The company aims to expand its house brand, which has over 800 products available exclusively at its stores [1] Product Attributes - Recent additions to the private-label line include Non-GMO Peruvian Chips and organic cheeses, with more premium products expected soon [3] - The new body care products include various scents and formulations, all priced affordably, such as body butters and sugar scrubs ranging from $5.99 to $13.99 [5] Company Overview - Natural Grocers, founded in 1955, is a specialty retailer focused on natural and organic groceries, body care products, and dietary supplements [4] - The company adheres to strict quality guidelines, ensuring products are free from artificial ingredients and only sell USDA-certified organic produce [4] - Natural Grocers operates 169 stores across 21 states, providing a clean and convenient shopping environment [6]

Core Points - Natural Grocers® is hosting its fifth annual Body Care & Beauty Bonanza from May 9 to May 30, 2025, focusing on promoting safer beauty and hygiene products with discounts of up to 25% [1][2][7] - The event aims to educate customers about the importance of ingredient transparency and environmental stewardship in personal care products [1][4][8] Group 1: Event Details - The Body Care & Beauty Bonanza features discounts of up to 25% on selected brands, free gifts, and educational resources [1][2][7] - The first 50 shoppers at each store will receive a free reusable bag with samples on May 9 [2][7] - Customers can enter the "Count the Combs Sweepstakes" for a chance to win a $500 gift card by counting mini comb illustrations in the May edition of the Natural Grocers magazine [7] Group 2: Product Standards - Natural Grocers has established Body Care Standards that prioritize health and environmental safety, disallowing products with harmful ingredients like phthalates and parabens [3][4] - The company emphasizes the importance of understanding the entire life cycle of ingredients used in products, ensuring they meet high standards for human health and environmental impact [4] Group 3: Customer Engagement - {N}power members receive exclusive benefits during the Bonanza, including a 25% discount on body care and beauty purchases from May 9 to May 11 [6][7] - Members spending $50 or more on body care items will be entered to win one of 30 beauty gift baskets valued at $300 each [7] Group 4: Educational Resources - Customers can obtain a free 2025 Body Care & Beauty Guide to learn about Natural Grocers' standards and the potential risks of certain cosmetic chemicals [8] - The guide aims to inform customers about the implications of low-dose exposure to harmful ingredients and the importance of thoughtful product selection [8] Group 5: Company Overview - Natural Grocers, founded in 1955, is a specialty retailer of natural and organic groceries, body care products, and dietary supplements, with 169 stores across 21 states [9] - The company is committed to strict quality guidelines, ensuring products do not contain artificial additives and are USDA-certified organic [9]

Core Insights - Natural Grocers is celebrating Mother's Day with exclusive deals and promotions from May 9-11, offering discounts up to 32% on select items to help customers show appreciation for mothers without overspending [3][4]. Company Overview - Founded in 1955, Natural Grocers by Vitamin Cottage, Inc. is a specialty retailer focused on natural and organic groceries, body care products, and dietary supplements, with a commitment to affordable nutrition and a healthy environment [2][7]. - The company operates 169 stores across 21 states, emphasizing community empowerment through free nutrition education and high-quality organic products [2][7]. Promotions and Offers - The Mother's Day event includes special promotions such as discounts on groceries, gifts, and a chance to win prizes through activities like "Count the Combs" [3][4]. - Members of the {N}power rewards program can access additional promotions, including discounts up to 43% on select products and exclusive offers on body care and beauty items [4][11]. - Customers can participate in a sweepstakes for a chance to win a $500 gift card by engaging with the company's promotional activities [4][10]. Community Engagement - Natural Grocers honors mothers and caregivers by providing thoughtful gifts, easy recipes, and healthy treats, reinforcing its commitment to community and customer service [2][6]. - The company offers free nutritional health coaching sessions and personalized shopping experiences, further enhancing customer engagement and education [7][21].

Core Insights - Natural Grocers has established a strong presence in Montana since 2012, with multiple store openings in cities like Billings, Helena, Missoula, and Kalispell [1][2] Company Commitment - The company emphasizes its commitment to the local community and its employees, providing over 120 jobs in Montana and focusing on their physical, emotional, and financial well-being through various programs [4][6] - Natural Grocers adheres to its Five Founding Principles, which include a commitment to community and crew, ensuring affordable prices and high-quality natural and organic products [2][6] Customer Engagement - The company offers a free customer rewards program called {N}power, which provides exclusive discounts and rewards points for members [3][8] - Special promotions for {N}power members include a free reusable shopping bag and a $5 off coupon during specific promotional dates [8][10] Product Standards - Natural Grocers maintains strict quality guidelines for its products, ensuring they are free from artificial ingredients and only sell USDA-certified organic produce and pasture-raised dairy [6]

{N}POWER® MEMBERS SAVE & CELEBRATE April 25-27: {N}power members will receive a FREE, limited-edition, reusable shopping bag featuring each of the 21 states Natural Grocers has a presence in—including Nebraska, while supplies last.[i] April 25-27: {N}power members will also enjoy extra savings with a $5 off coupon.[ii] SIGN UP & SAVENot an {N}power member? Not a problem! Discover {N}power, Natural Grocers' free customer rewards program—and enjoy exclusive discounts, deals, surprise offers and rewards poi ...

Save up to 46% on select items, April 22-24, 2025LAKEWOOD, Colo., April 15, 2025 /PRNewswire/ -- Natural Grocers®, a longtime leader of the organic movement and the nation's largest family-operated natural and organic retailer, is celebrating Earth Day with special savings, giveaways and educational efforts. Each year the company showcases environmentally conscious products and practices and hosts a special fundraiser throughout the month of April to bring awareness to the importance of a healthy planet. Th ...