---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-032332"
form_type: "8-K"
ticker: "NGVC"
cik: "0001547459"
company_name: "Natural Grocers by Vitamin Cottage, Inc."
filed_at: "2023-11-16T23:59:59+00:00"
generated_at: "2026-06-08T01:09:45.874425+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "medium"
source: SEC EDGAR
---

# Natural Grocers reports Q4 EPS $0.26, revenue $295.1M; declares special $1 dividend

## Summary
- Net sales $295.1M (+7.6% YoY), daily comp store sales +6.9%.
- Net income $5.9M, diluted EPS $0.26; Adjusted EBITDA $16.1M.
- Full year net sales $1.1B (+4.7%), EPS $1.02, Adj. EBITDA $63.4M.
- 20th consecutive year of positive comparable store sales growth.
- Declares special $1.00/share dividend plus quarterly $0.10/share, payable Dec 13.

## SEC filing metadata
- accession: 0001437749-23-032332
- form_type: 8-K
- ticker: NGVC
- cik: 0001547459
- company_name: Natural Grocers by Vitamin Cottage, Inc.
- filed_at: 2023-11-16T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: medium
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1547459/000143774923032332/0001437749-23-032332-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1547459/000143774923032332/ngvc20231114_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-032332
- JSON: https://secwatch.observer/filing/0001437749-23-032332.json
- Plain text: https://secwatch.observer/filing/0001437749-23-032332.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.