Richard Hallé
As previously announced, Richard Hallé assumed the position of Chief Financial Officer of the Company effective January 1, 2025.
Highest-materiality recent filing
Natural Grocers Q3 net sales $334.7M (+1.8%), comps +1.2%, EPS $0.48
Net sales $334.7M, up 1.8% YoY; daily average comparable store sales +1.2% (8.6% two-year basis).
Natural Grocers Q2: net sales +0.5% to $337.4M; EPS $0.58; Adj. EBITDA +4% to $27.4M
Net sales $337.4M (+0.5% YoY); net income $13.4M (+2.5%); diluted EPS $0.58.
Natural Grocers elects three Class II directors, ratifies KPMG as auditor for FY2026
Zephyr Isely, David Rooney, Sandra Buffa elected as Class II directors to serve until 2029.
Natural Grocers Q1 EPS $0.49, net income +14% to $11.3M; comp sales +1.7%
Net sales $335.6M (+1.6% YoY); daily avg comparable store sales +1.7% (two-year stack +10.6%).
Natural Grocers Q4 EPS $0.51 beat; FY sales $1.33B; dividend raised 25% to $0.15
Q4 net sales $336.1M (+4.2% YoY), diluted EPS $0.51, net income $11.8M (+31%).
Natural Grocers grants $365K cash bonuses to three named executives
Compensation Committee approved discretionary cash bonuses of $365,000 each to three executives.
Net sales $328.7M (+6.3% YoY); diluted EPS $0.50 vs. $0.40 prior year (+25%).
Natural Grocers Q2 EPS $0.56, sales up 9%, raises FY outlook
Net sales up 9.0% to $335.8M; daily comparable store sales +8.9% (transaction +5.9%, basket +2.8%).
NGVC annual meeting results: director elected, auditor ratified, charter amendment approved
Elizabeth Isely elected Class I director for 3-year term; 16.1M votes for, 3.9M withheld, 1.2M broker non-votes.
Natural Grocers Q1 net sales up 9.4% to $330.2M; raises FY2025 outlook
Diluted EPS of $0.43; net income up 28.1% to $9.9M vs prior year.
Todd Dissinger retired as CFO of Natural Grocers; Richard Hallé named successor
Todd Dissinger retired as CFO effective December 31, 2024.
Natural Grocers reports record Q4 sales $322.7M, EPS $0.39; dividend raised 20%
Net sales +9.3% YoY to $322.7M; daily comparable store sales +7.1%.
Richard Hallé appointed CFO effective Jan 1, 2025; succeeds Todd Dissinger retiring Dec 31, 2024.
NGVC awards $365K cash bonuses to Heather Isely, Elizabeth Isely, Todd Dissinger
Compensation Committee approved $365,000 discretionary bonus to EVP Heather Isely.
Natural Grocers Q3 net sales up 9.7% to $309.1M; raises FY2024 outlook
Net income $9.2M, diluted EPS $0.40; operating income +41.4% to $12.8M.
Natural Grocers CFO Todd Dissinger to retire by Dec 31, 2024; successor search underway
CFO Todd Dissinger notified company of his retirement, effective on or about December 31, 2024.
Natural Grocers board sets triennial say-on-pay vote; next frequency vote by 2030
Board elected triennial advisory vote on executive compensation following stockholder preference at March 6, 2024 annual meeting.
Natural Grocers Q2 sales $308.1M (+8.8% YoY); EPS $0.35, raises FY2024 outlook
Net sales $308.1M (+8.8% YoY); daily avg comparable store sales +7.5%.
Natural Grocers shareholders approve 600K share reserve increase, reelect directors
Shareholders approved amending 2012 Omnibus Incentive Plan: +600K shares reserved, term extended to July 19, 2034.
Natural Grocers Q1 EPS $0.34 (+78.9% YoY); raises FY comps & EPS outlook
Net sales $301.8M (+7.6% YoY); daily comps +6.2% driven by 3.4% transaction increase.
Revolving credit commitments increased from $50M to $75M with scheduled reductions starting November 2024.
Natural Grocers reports Q4 EPS $0.26, revenue $295.1M; declares special $1 dividend
Net sales $295.1M (+7.6% YoY), daily comp store sales +6.9%.
Natural Grocers awards $325k discretionary bonuses to three top executives
Heather Isely (EVP & Corp. Sec.), Elizabeth Isely (EVP), and Todd Dissinger (CFO) each receive $325K cash bonus.
Natural Grocers amends distribution agreement with UNFI, effective Sept 3, 2023, for five years
Amended & Restated Customer Distribution Agreement with United Natural Foods (UNFI) replaces prior 2016 agreement.
Natural Grocers Q3 EPS $0.31, up 82%; raises FY2023 outlook
Net sales rose 5.8% to $281.8M; daily average comparable store sales up 4.4%.
Natural Grocers Q2 net sales up 4.2% to $283.2M; raises comparable store sales guidance
Net sales $283.2M (+4.2% YoY); daily avg comparable store sales +2.7% (7.0% on two-year basis).
Shareholders re-elect Isely and Rooney as directors, ratify KPMG at 2023 annual meeting
94.5% of outstanding shares were represented at the virtual annual meeting on March 1, 2023.
Natural Grocers Q1 FY2023 net sales $280.5M, EPS $0.19, reaffirms guidance
Net sales $280.5M (+1.1% YoY); daily average comp store sales +0.5% YoY.
Natural Grocers amends credit facility: replaces LIBOR, ups restricted payments capacity to $12.5M
Sixth Amendment replaces LIBOR with term SOFR as interest rate benchmark.
Natural Grocers Q4 EPS $0.09; FY22 EPS $0.94, sales $1.1B, 19th year positive comps
Q4 net sales $274.2M (+0.6% YoY); daily average comp store sales -0.2%.
Natural Grocers approves $250K discretionary bonuses for three top executives
Heather Isely (EVP & Corporate Secretary) awarded $250K cash bonus.
Natural Grocers Q3 FY2022: Sales $266.3M, EPS $0.17, comps +2.5%
Net sales $266.3M (+3.0% YoY); daily avg comp store sales +2.5%.
Natural Grocers Q2 FY2022 EPS $0.28 (+33.3% YoY) on $271.8M sales; raises FY outlook
Net sales $271.8M (+4.9% YoY); daily avg comparable store sales +4.3%.
Natural Grocers shareholders re-elect Isely and Hallé, ratify KPMG as auditor
94.0% of outstanding shares (21,288,853) were represented at the March 2, 2022 virtual annual meeting.
Natural Grocers Q1 fiscal 2022 net sales up 4.6% to $277.3M; diluted EPS $0.39 vs $0.16
Net sales $277.3M (+4.6% YoY); daily average comp store sales +3.8% (+16.5% two-year stacked).
Natural Grocers Q4 EPS $0.32, up 100% YoY; dividend raised 43% to $0.10
Q4 net sales $272.6M (+3.2% YoY); daily comparable store sales +2.5%; two-year stacked +15.7%.
Natural Grocers CFO Todd Dissinger receives $250,000 discretionary cash bonus
Compensation Committee approved $250,000 cash bonus to CFO Todd Dissinger on October 8, 2021.
Natural Grocers amends credit agreement to net cash from leverage ratio
Fifth Amendment to Credit Agreement dated September 16, 2021, with Bank of America as Administrative Agent.
NGVC Q3 net income up 7.3%, EPS $0.22; raises FY21 EPS guidance
Net sales down 2.4% to $258.6M; daily comp store sales -3.6% (two-year stacked +11.9%).
As previously announced, Richard Hallé assumed the position of Chief Financial Officer of the Company effective January 1, 2025.
On December 31, 2024, Todd Dissinger retired as Chief Financial Officer of Natural Grocers by Vitamin Cottage, Inc. (the “Company”).
On October 31, 2024, the Board of Directors (the “Board”) of Natural Grocers by Vitamin Cottage, Inc. (the “Company”) appointed Richard Hallé as Chief Financial Officer of the Company, effective January 1, 2025.
Mr. Hallé will succeed Todd Dissinger, who, as previously announced, will retire on December 31, 2024.
On June 27, 2024, Todd Dissinger, Chief Financial Officer (principal financial officer) of Natural Grocers by Vitamin Cottage, Inc. (the “Company”) and its wholly owned subsidiary Vitamin Cottage Natural Food Markets, Inc., notified the Company that he intends to retire from the Company effective on or about December 31, 2024.
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
Max materiality 0.85 · Median 0.65 · Most common event earnings