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Natural Grocers® Receives 2025 Sustainability in the Food Industry Award from The Shelby Report
Prnewswire· 2025-11-21 12:07
Core Insights - Natural Grocers has been awarded the 2025 Sustainability in the Food Industry Award for its leadership in environmental and social progress within the food supply chain [1][7] - The company was recognized specifically for its Nutrition Education Program, which promotes accessible nutrition education and sustainable practices [2][6] Company Overview - Founded in 1955, Natural Grocers is the largest family-operated natural and organic retailer in the U.S., with 168 stores across 21 states [8][10] - The company adheres to strict quality guidelines, ensuring that its grocery products do not contain artificial flavors, preservatives, or synthetic colors [10] Nutrition Education Program - The Nutrition Education Program is a core offering of Natural Grocers, emphasizing the importance of nutrition education for both customers and employees [2][4] - Each store features a full-time Nutritional Health Coach (NHC) who provides free, personalized nutrition education, contributing to informed health choices [3][5] - NHCs undergo over 160 hours of continuing education annually to stay updated on nutrition science and wellness trends [5] Commitment to Sustainability - Natural Grocers integrates sustainability into its operations by empowering individuals through education, fostering informed decision-making for healthier lifestyles [6][7] - The company's approach to sustainability is characterized by community outreach initiatives and a focus on human connection, contrasting with the fast-paced retail environment [6][7] Financial Commitment - In fiscal year 2024, Natural Grocers invested over $15 million in incremental compensation and discretionary payments for its employees, reflecting its commitment to community and crew [10]
Natural Grocers by Vitamin Cottage Announces Fiscal 2025 Fourth Quarter and Full Year Results
Prnewswire· 2025-11-20 21:10
Core Insights - Natural Grocers by Vitamin Cottage, Inc. reported record sales and earnings for fiscal year 2025, with a strong performance in the fourth quarter, driven by consumer demand for high-quality natural and organic products [3][6][10]. Financial Performance - Fourth quarter net sales increased by $13.5 million, or 4.2%, to $336.1 million compared to the same quarter in fiscal 2024, attributed to a $13.3 million rise in comparable store sales [4][6]. - Fiscal year net sales rose by $89.3 million, or 7.2%, to $1.33 billion, with comparable store sales increasing by $86.1 million [10][11]. - Net income for the fourth quarter increased by 31.0% to $11.8 million, with diluted earnings per share of $0.51, compared to $9.0 million and $0.39 per share in the prior year [9][14]. - Adjusted EBITDA for the fourth quarter was $24.4 million, a 7.7% increase from the previous year, while for the fiscal year, it rose by 17.5% to $97.9 million [6][33]. Cost Management - Gross profit for the fourth quarter increased by $3.7 million, or 3.8%, to $99.0 million, with a slight decrease in gross margin to 29.5% [5][11]. - Store expenses decreased by 0.2% to $72.5 million in the fourth quarter, resulting in a reduction of store expenses as a percentage of net sales to 21.6% [7][12]. - Administrative expenses rose by 6.1% to $10.9 million, maintaining a consistent percentage of net sales at 3.2% [8][13]. Growth Strategy - The company plans to open six to eight new stores in fiscal 2026, reinforcing its commitment to store growth [3][19]. - The company ended fiscal 2025 with 169 stores across 21 states, having opened two new stores during the year [17][21]. Dividend Announcement - A quarterly cash dividend of $0.15 per common share was declared, representing a 25% increase from the previous dividend, to be paid on December 10, 2025 [16][20]. Outlook for Fiscal 2026 - The company anticipates daily average comparable store sales growth of 1.5% to 4.0% and diluted earnings per share in the range of $2.00 to $2.15 for fiscal 2026 [19].
Natural Grocers® Promotes "The Fruits of Our Journey" Within Meet Your Farmer Film Series
Prnewswire· 2025-08-19 13:56
Core Insights - The Kropp family's journey into organic farming highlights the benefits of sustainable practices, emphasizing healing for both the land and the community [1][2] - Natural Grocers supports this narrative through its "Meet Your Farmer" series, showcasing farmers dedicated to innovative and responsible food production [4][5] Company Overview - Natural Grocers by Vitamin Cottage, Inc. is a specialty retailer focused on natural and organic groceries, founded in 1955, with 169 stores across 21 states [8][10] - The company adheres to strict quality guidelines, ensuring products are free from artificial additives and only sells USDA-certified organic produce [8] Educational Initiatives - Natural Grocers emphasizes nutrition education as a founding principle, offering resources like the good4uSM Health Hotline, recipes, and health coaching [6][10] - The company promotes its educational content through various platforms, aiming to empower communities in making informed food choices [6][7] Community Engagement - The "Meet Your Farmer" series aims to inspire consumers to rethink food production and embrace sustainable practices [4][5] - Natural Grocers has invested over $15 million in employee compensation and community initiatives in fiscal year 2024, reflecting its commitment to community and crew [10]
Natural Grocers® Announces Closure of Austin, Texas - Arbor Walk Store on Oct. 2, 2025
Prnewswire· 2025-08-19 13:07
Core Insights - Natural Grocers will close its Arbor Walk location in Austin on October 2, 2025, due to unsuccessful lease renewal negotiations, while other locations in the Austin area and Texas will remain open [1][2][3] Company Overview - Natural Grocers, founded in 1955, is a specialty retailer of natural and organic groceries, body care products, and dietary supplements, with strict quality guidelines for its products [5] - The company operates 169 stores across 21 states and is headquartered in Lakewood, Colorado [5] Store Closure Details - The Arbor Walk store has been operational since 2010 and is the second location in Austin, contributing to a total of four stores in the region [2] - Storewide closing sales will begin on September 2, 2025, offering 25% off all items, with all sales being final [1][2] Community Commitment - The company expresses disappointment over the closure but emphasizes its commitment to the Austin community and plans to strengthen its presence in the area [3] - Natural Grocers is supporting its employees during the transition by identifying transfer opportunities or providing severance and health benefits [3]
Natural Grocers by Vitamin Cottage Announces Third Quarter Fiscal 2025 Results
Prnewswire· 2025-08-07 20:10
Core Viewpoint - Natural Grocers by Vitamin Cottage, Inc. reported strong third-quarter results for fiscal 2025, leading to an increase in its fiscal outlook for daily average comparable store sales growth and diluted earnings per share [2][19]. Financial Performance - Net sales for the third quarter of fiscal 2025 increased by $19.6 million, or 6.3%, to $328.7 million compared to the same period in fiscal 2024, driven by a $19.0 million increase in comparable store sales [3][7]. - Daily average comparable store sales grew by 7.4%, with a 4.8% increase in daily average transaction count and a 2.4% increase in daily average transaction size [3]. - Net income rose by 26.0% to $11.6 million, resulting in diluted earnings per share of $0.50, compared to $9.2 million and $0.40 per share in the third quarter of fiscal 2024 [8][7]. Operating Results - Gross profit for the third quarter increased by $7.9 million, or 8.8%, to $98.3 million, with a gross margin of 29.9%, up from 29.2% in the prior year [4]. - Operating income increased by 21.3% to $15.6 million, with an operating margin of 4.7%, compared to 4.2% in the third quarter of fiscal 2024 [8]. - Adjusted EBITDA for the third quarter was $24.4 million, a 10.1% increase from $22.2 million in the same quarter of fiscal 2024 [9][34]. Expense Management - Store expenses rose by 6.1% to $71.7 million, but as a percentage of net sales, they decreased to 21.8% from 21.9% in the prior year, indicating expense leverage [5]. - Administrative expenses increased by 14.7% to $10.9 million, with a rise in technology and compensation costs, leading to an increase in administrative expenses as a percentage of net sales to 3.3% from 3.1% [6][12]. Outlook - The company raised its fiscal 2025 outlook for daily average comparable store sales growth to a range of 7.25% to 7.75% and diluted earnings per share to $1.90 to $1.95 [19]. - The updated outlook for the number of new stores is now 2, down from a previous estimate of 3 to 4, while the number of relocations/remodels is updated to 3 [19]. Balance Sheet and Cash Flow - As of June 30, 2025, the company had $13.2 million in cash and cash equivalents, with no outstanding borrowings on its $72.5 million revolving credit facility [16]. - The company generated $39.7 million in cash from operations during the first nine months of fiscal 2025 [16]. Growth and Development - The company ended the third quarter with 169 stores across 21 states and has remodeled one store since June 30, 2025 [18].
Natural Grocers by Vitamin Cottage, Inc. Announces Third Quarter Fiscal Year 2025 Earnings Conference Call and Webcast
Prnewswire· 2025-07-24 20:05
Core Viewpoint - Natural Grocers by Vitamin Cottage, Inc. will release its third quarter fiscal year 2025 financial results on August 7, 2025, followed by a conference call for analysts and investors [1] Company Overview - Natural Grocers by Vitamin Cottage, Inc. is a specialty retailer focused on natural and organic groceries, body care products, and dietary supplements [3] - The company adheres to strict quality guidelines, ensuring products do not contain artificial flavors, preservatives, or sweeteners, and only sells USDA certified organic produce and pasture-raised dairy products [3] - Founded in 1955, Natural Grocers operates 169 stores across 21 states, utilizing a smaller-store format to provide affordable prices in a clean and convenient shopping environment [3] Conference Call Details - The conference call will take place at 2:30 p.m. Mountain Time (4:30 p.m. Eastern Time) on August 7, 2025, with participation options provided for U.S., Canada, and international callers [1] - Investors can listen to the conference call via the company's Investor Relations website, and an audio recording will be available for at least 20 days post-call [2]
Natural Grocers by Vitamin Cottage Announces Second Quarter Fiscal 2025 Results
Prnewswire· 2025-05-08 20:10
Core Viewpoint - Natural Grocers by Vitamin Cottage, Inc. reported exceptional second quarter results for fiscal 2025, with record sales and earnings, leading to an increased fiscal outlook for the year [2][19]. Financial Performance - Net sales for the second quarter of fiscal 2025 increased by $27.7 million, or 9.0%, reaching $335.8 million compared to the same quarter in fiscal 2024 [3][8]. - Daily average comparable store sales rose by 8.9%, driven by a 5.9% increase in transaction count and a 2.8% increase in transaction size [3][8]. - Gross profit for the second quarter increased by $11.4 million, or 12.6%, to $101.7 million, with a gross margin improvement of 100 basis points to 30.3% [4][11]. - Operating income surged by 55.9% to $17.6 million, with an operating margin of 5.2%, up from 3.7% in the prior year [7][14]. - Net income increased by 64.6% to $13.1 million, translating to diluted earnings per share of $0.56, compared to $0.35 in the same quarter of fiscal 2024 [7][8]. Cost Management - Store expenses rose by 5.1% to $72.8 million, but as a percentage of net sales, they decreased to 21.7% from 22.5% in the previous year, indicating expense leverage [5][12]. - Administrative expenses increased by 15.8% to $11.0 million, with a slight rise in percentage of net sales to 3.3% from 3.1% [6][13]. Growth and Development - The company opened two new stores during the second quarter, bringing the total to 169 stores across 21 states [18][22]. - The fiscal 2025 outlook has been raised, with expected daily average comparable store sales growth adjusted to 6.5% to 7.5% and diluted earnings per share revised to $1.78 to $1.86 [19][20]. Cash Flow and Balance Sheet - As of March 31, 2025, the company had $21.2 million in cash and cash equivalents, with no outstanding borrowings on its revolving credit facility [16][28]. - The company generated $36.7 million in cash from operations during the first six months of fiscal 2025 [16][30].
Natural Grocers® Honors Arbor Day in Nebraska, with a Freebie and $5 Off, April 25-27, 2025
Prnewswire· 2025-04-22 11:17
Core Insights - Natural Grocers is expanding its presence in Nebraska, having opened its first store in Lincoln in 2012 and two additional stores in 2013, focusing on high-quality products and customer service [2][3] - The company emphasizes its commitment to the local community and the well-being of its employees, investing over $15 million in compensation and benefits for its Crew in fiscal year 2024 [5] Group 1: Company Overview - Natural Grocers by Vitamin Cottage, Inc. was founded in 1955 and operates as a specialty retailer of natural and organic groceries, body care products, and dietary supplements [5] - The company adheres to strict quality guidelines, ensuring that products do not contain artificial flavors, preservatives, or synthetic colors, and sells only USDA-certified organic produce [5] - Natural Grocers operates 169 stores across 21 states, utilizing a smaller-store format to maintain affordability and a clean shopping environment [5] Group 2: Community Engagement - The company is dedicated to its Five Founding Principles, which include a strong "Commitment to Community" and "Commitment to Crew," focusing on the health and well-being of both customers and employees [5] - Natural Grocers celebrates Arbor Day, highlighting its commitment to environmental health and community involvement [4] Group 3: Customer Rewards Program - The {N}power rewards program offers customers exclusive discounts, surprise offers, and rewards points with every visit, encouraging customer loyalty [1] - Special promotions for {N}power members include a free reusable shopping bag and a $5 off coupon during specific promotional dates [7][10]