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Mar 31, 2024
Natural Grocers Q2 2024 Earnings Report
Achieved record quarterly sales, margin expansion, and significant earnings growth.
Key Takeaways
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.
Net sales increased 8.8% to $308.1 million.
Daily average comparable store sales increased 7.5%.
Net income was $8.0 million, with diluted earnings per share of $0.35.
Opened one new store.
Forward Guidance
The Company is raising its fiscal 2024 outlook for daily average comparable store sales growth and diluted earnings per share. The Company is otherwise confirming its previously announced outlook for fiscal 2024.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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