---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-25-003027"
form_type: "8-K"
ticker: "NGVC"
cik: "0001547459"
company_name: "Natural Grocers by Vitamin Cottage, Inc."
filed_at: "2025-02-06T23:59:59+00:00"
generated_at: "2026-05-27T01:38:11.853545+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Natural Grocers Q1 net sales up 9.4% to $330.2M; raises FY2025 outlook

## Summary
- Diluted EPS of $0.43; net income up 28.1% to $9.9M vs prior year.
- Daily average comparable store sales increased 8.9% (15.1% two-year stack).
- Adjusted EBITDA of $22.8M; transaction count up 5.3% eighth consecutive quarter.
- Fiscal 2025 outlook raised for daily average comp sales growth and diluted EPS.
- Relocated two stores during the quarter.

## SEC filing metadata
- accession: 0001437749-25-003027
- form_type: 8-K
- ticker: NGVC
- cik: 0001547459
- company_name: Natural Grocers by Vitamin Cottage, Inc.
- filed_at: 2025-02-06T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1547459/000143774925003027/0001437749-25-003027-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1547459/000143774925003027/ngvc20250204_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-25-003027
- JSON: https://secwatch.observer/filing/0001437749-25-003027.json
- Plain text: https://secwatch.observer/filing/0001437749-25-003027.txt

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