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Sep 30, 2022
Natural Grocers Q4 2022 Earnings Report
Natural Grocers' fourth quarter results were in line with expectations, with net sales increasing slightly and diluted earnings per share reported at $0.09.
Key Takeaways
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.
Net sales increased 0.6% to $274.2 million.
Daily average comparable store sales decreased 0.2%.
Net income was $2.2 million, with diluted earnings per share of $0.09.
Adjusted EBITDA was $13.6 million.
Natural Grocers
Natural Grocers
Forward Guidance
The Company expects: Fiscal 2023 Outlook Number of new stores 4-6 Number of relocations/remodels 1-2 Daily average comparable store sales growth -2.0% to 1.0% Diluted earnings per share $0.70 to $0.90 Capital expenditures (in millions) $28 to $35