Natural Grocers by Vitamin Cottage, Inc. announced robust financial results for the three months ended March 31, 2025, demonstrating substantial growth across key metrics. Net sales increased by 9.0% to $335.8 million, driven by strong comparable store sales and new store contributions. Net income saw a remarkable 64.6% increase, reaching $13.1 million, while diluted EPS rose to $0.56. The company's gross profit also improved, reflecting effective promotions.
Natural Grocers reported a strong start to fiscal year 2025, with net sales increasing by 9.4% and net income rising by 28.1%. The company's daily average comparable store sales also saw an increase of 8.9%. Based on these results, Natural Grocers is raising its fiscal 2025 outlook for daily average comparable store sales growth and diluted earnings per share.
Natural Grocers announced strong Q4 2024 results with a 9.3% increase in net sales to $322.7 million and a 53.2% increase in net income to $9.0 million, driven by comparable store sales growth and new store sales. The company's commitment to affordable prices and health-focused products resonated with customers, contributing to a 7.1% increase in daily average comparable store sales.
Natural Grocers reported a strong third quarter in fiscal year 2024, with net sales increasing by 9.7% to $309.1 million and net income rising by 30.2% to $9.2 million, driven by comparable store sales growth and effective expense management.
Natural Grocers announced strong second quarter results, with an 8.8% increase in net sales to $308.1 million and a 34.6% year-over-year increase in diluted earnings per share to $0.35. The company is raising its fiscal 2024 outlook for daily average comparable store sales growth and diluted earnings per share.
Natural Grocers reported a strong first quarter in fiscal 2024, with net sales increasing by 7.6% to $301.8 million and diluted earnings per share increasing by 78.9% to $0.34. The company raised its fiscal 2024 outlook for daily average comparable store sales growth and diluted earnings per share.
Natural Grocers reported a 7.6% increase in net sales to $295.1 million for the fourth quarter of fiscal year 2023. Daily average comparable store sales increased by 6.9%. Net income was $5.9 million, with diluted earnings per share of $0.26.
Natural Grocers announced strong Q3 2023 results with a 5.8% increase in net sales to $281.8 million, a 4.4% increase in daily average comparable store sales, and an 82.4% growth in diluted earnings per share to $0.31. The company also raised its outlook for fiscal year 2023.
Natural Grocers announced its Q2 fiscal year 2023 results, with net sales increasing by 4.2% to $283.2 million. Daily average comparable store sales increased by 2.7%. Net income was $5.9 million, with diluted earnings per share of $0.26, including a $0.03 per share impairment charge.
Natural Grocers reported a slight increase in net sales for the first quarter of fiscal 2023, driven by new store sales and comparable store sales growth. However, net income and earnings per share decreased compared to the prior year due to increased store and administrative expenses.
Natural Grocers announced its Q4 2022 results, with a slight increase in net sales to $274.2 million. However, daily average comparable store sales decreased by 0.2%. Net income was $2.2 million, with diluted earnings per share of $0.09.
Natural Grocers announced its Q3 2022 results, showing an increase in net sales and comparable store sales. However, the operating income and net income decreased compared to the previous year. The company is refining its fiscal 2022 outlook based on year-to-date performance and current trends.
Natural Grocers reported a strong second quarter in fiscal year 2022, marked by a 4.9% increase in net sales, a 4.3% rise in daily average comparable store sales, and a 33.3% growth in diluted earnings per share. The company's agility in adapting to changing operating environments, including pandemic-related challenges and supply chain constraints, contributed to the positive financial performance, leading to an increased fiscal year 2022 outlook.
Natural Grocers announced a strong first quarter with a 4.6% increase in net sales to $277.3 million, driven by a 3.8% increase in daily average comparable store sales. Net income increased significantly by 145.5% to $8.9 million, with diluted earnings per share rising to $0.39. Adjusted EBITDA also saw a substantial increase of 44.7% to $19.5 million, reflecting favorable sales growth and effective expense management.
Natural Grocers announced strong Q4 results with a 3.2% increase in net sales to $272.6 million and a 93.3% increase in net income to $7.2 million. Diluted earnings per share rose to $0.32, and daily average comparable store sales increased by 2.5%.
Natural Grocers reported a decrease in net sales by 2.4% to $258.6 million, but increased operating income by 5.4% to $7.0 million and net income by 7.3% to $5.0 million in the third quarter of fiscal year 2021. The company's comparable store transaction count turned positive, and basket size moderated as shopping patterns started returning to pre-pandemic levels. The company also raised its outlook for fiscal year 2021.
Natural Grocers announced its Q2 Fiscal 2021 results with a decrease in net sales by 6.6% to $259.2 million compared to Q2 2020. Operating income decreased by 49.4% to $6.7 million, and diluted earnings per share decreased to $0.21 compared to $0.43 in the same period last year. The company opened one new store and remodeled one store during the quarter.
Natural Grocers had a strong start to fiscal 2021, with net sales increasing by 15.2% to $265.0 million and net income increasing by 94.4% to $3.6 million.
Natural Grocers reported a strong fourth quarter for fiscal year 2020, with net sales increasing by 16.3% to $264.2 million and net income increasing by 174.2% to $3.7 million. The company's performance was driven by increased comparable store sales and effective management of the COVID-19 pandemic.
Natural Grocers announced strong Q3 2020 results, with net sales increasing by 18.1% to $265.1 million and a comparable store sales increase of 15.5%. Net income rose by 134.8% to $4.7 million, with diluted earnings per share reaching $0.21. The company opened two new stores and declared a quarterly dividend of $0.07 per common share.
Natural Grocers announced strong Q2 2020 results with a 20.4% increase in net sales, a 116.6% increase in operating income, and a 151.8% increase in net income, driven by unprecedented sales activity related to the COVID-19 outbreak.
Natural Grocers announced a 3.8% increase in net sales to $230.0 million for the first quarter of fiscal year 2020. The company's operating income was $2.8 million, and net income reached $1.9 million, resulting in diluted earnings per share of $0.08.