---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-035955"
form_type: "8-K"
ticker: "NGVC"
cik: "0001547459"
company_name: "Natural Grocers by Vitamin Cottage, Inc."
filed_at: "2024-11-21T23:59:59+00:00"
generated_at: "2026-05-29T20:41:52.799822+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Natural Grocers reports record Q4 sales $322.7M, EPS $0.39; dividend raised 20%

## Summary
- Net sales +9.3% YoY to $322.7M; daily comparable store sales +7.1%.
- Net income $9.0M (+53.2%), diluted EPS $0.39.
- Full year net sales $1.24B (+8.9%), net income $33.9M (+46%), diluted EPS $1.47.
- Adjusted EBITDA $22.6M in Q4; $83.3M for FY 2024.
- Quarterly dividend increased 20% to $0.12/share, payable Dec 18 to holders of record Dec 2.

## SEC filing metadata
- accession: 0001437749-24-035955
- form_type: 8-K
- ticker: NGVC
- cik: 0001547459
- company_name: Natural Grocers by Vitamin Cottage, Inc.
- filed_at: 2024-11-21T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1547459/000143774924035955/0001437749-24-035955-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1547459/000143774924035955/ngvc20241120_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-035955
- JSON: https://secwatch.observer/filing/0001437749-24-035955.json
- Plain text: https://secwatch.observer/filing/0001437749-24-035955.txt

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