Natural Grocers Q3 EPS $0.31, up 82%; raises FY2023 outlook

Natural Grocers by Vitamin Cottage, Inc.

2023-Q3 EPS reported $0.76 revenue$845,493,000

Net sales rose 5.8% to $281.8M; daily average comparable store sales up 4.4%.
Diluted EPS $0.31, up 82.4% from $0.17; net income $7.1M, up 79.8%.
Adjusted EBITDA $16.7M; operating income $9.1M, up 60.8%.
Company raised fiscal 2023 outlook for comparable store sales and diluted EPS.
Former CFO Sandra Buffa elected to board as Class II director, also joins Audit Committee.

item 2.02 item 5.02 item 7.01 item 9.01

Executive movements

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Appointed

Sandra Buffa

Class II Director

NGVC · Natural Grocers by Vitamin Cottage, Inc.

Effective: 2023-08-02
Filed: August 3, 2023, 7:59 PM ET

On August 2, 2023, the Company’s Board of Directors (the “Board”) unanimously approved the creation of a new Class II board seat and the election of Sandra Buffa as a Class II director

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Natural Grocers by Vitamin Cottage, Inc. updated its three and nine months ended June 30, 2023 guidance (raised).

Period: three and nine months ended June 30, 2023
Guidance: raised
Result: reported results

Exact text from the filing

On August 3, 2023, Natural Grocers by Vitamin Cottage, Inc. (the “Company”) issued a press release announcing its financial results for the three and nine months ended June 30, 2023.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Sandra Buffa was elected as Class II Director at Natural Grocers by Vitamin Cottage, Inc..

Action: elected
Role: Class II Director

Exact text from the filing

On August 2, 2023, the Company’s Board of Directors (the “Board”) unanimously approved the creation of a new Class II board seat and the election of Sandra Buffa as a Class II director

View on SEC.gov

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Natural Grocers by Vitamin Cottage, Inc. filing history →

Source: SEC EDGAR

accession 0001437749-23-021924

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