earnings
confidence high
sentiment neutral
materiality 0.70
Natural Grocers Q1 FY2023 net sales $280.5M, EPS $0.19, reaffirms guidance
Natural Grocers by Vitamin Cottage, Inc.
2023-FY EPS reported
$0.19
revenue$280,457,000
- Net sales $280.5M (+1.1% YoY); daily average comp store sales +0.5% YoY.
- Net income $4.4M, diluted EPS $0.19; Adjusted EBITDA $13.8M.
- Opened one new store; 2.5% new store growth rate for trailing twelve months.
- Reaffirmed full-year fiscal 2023 guidance.
- Product cost inflation ~8% offset with pricing; three-year comp store sales +17.6%.