Loading...
•
Dec 31, 2024
Natural Grocers Q1 2025 Earnings Report
Net sales increased and earnings per share grew, prompting an increased fiscal year outlook.
Key Takeaways
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.
Net sales increased 9.4% to $330.2 million.
Daily average comparable store sales increased 8.9%.
Net income increased 28.1% to $9.9 million, with diluted earnings per share of $0.43.
Adjusted EBITDA was $22.8 million.
Natural Grocers
Natural Grocers
Forward Guidance
The Company is raising its fiscal 2025 outlook for daily average comparable store sales growth and diluted earnings per share.
Positive Outlook
- Number of new stores: 4 to 6
- Number of relocations/remodels: 2 to 4
- Daily average comparable store sales growth: 5.0% to 7.0%
- Diluted earnings per share: $1.57 to $1.65
- Capital expenditures: $36 to $44 million