Natural Grocers by Vitamin Cottage, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended March 31, 2024
May 09, 2024 at 09:06 pm
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Natural Grocers by Vitamin Cottage, Inc. reported earnings results for the second quarter and six months ended March 31, 2024. For the second quarter, the company reported sales was USD 308.09 million compared to USD 283.25 million a year ago. Net income was USD 7.96 million compared to USD 5.88 million a year ago. Basic earnings per share from continuing operations was USD 0.35 compared to USD 0.26 a year ago. Diluted earnings per share from continuing operations was USD 0.35 compared to USD 0.26 a year ago.
For the six months, sales was USD 609.84 million compared to USD 563.7 million a year ago. Net income was USD 15.72 million compared to USD 10.29 million a year ago. Basic earnings per share from continuing operations was USD 0.69 compared to USD 0.45 a year ago. Diluted earnings per share from continuing operations was USD 0.68 compared to USD 0.45 a year ago.
Natural Grocers by Vitamin Cottage, Inc. is a specialty retailer of natural and organic groceries, body care products, and dietary supplements. In the Company's grocery departments, it only sells United States Department of Agriculture certified organic produce and does not approve for sale grocery products that contain artificial colors, flavors, preservatives or sweeteners or partially hydrogenated or hydrogenated oils. Its grocery product categories include Natural Grocers brand products; dry, frozen and canned groceries; meats and seafood; dairy products, and dairy substitutes and eggs. It sells a wide selection of private label repackaged bulk products. Its dietary supplement department sells name-brand supplements and a line of Natural Grocers brand private label dietary supplements. It offers different formulations and potencies for each type of product. It offers natural pet care and food products, and household and general merchandise. It has around 167 stores in 21 states.
NATURAL GROCERS BY VITAMIN COTTAGE, INC. 
