August 14, 2023

☀️Earnings Overview

NATURAL GROCERS BY VITAMIN COTTAGE ($NYSE:NGVC) reported total revenue of USD 281.8 million for the three-month period ending June 30 2023, a 5.8% increase from the same period in the previous year. Net income also rose 79.9%, reaching USD 7.1 million, when compared to the same three-month period in the previous year. These results were reported on August 3 2023.

Stock Price

On Thursday, NATURAL GROCERS BY VITAMIN COTTAGE reported its Q3 earnings for FY2023. The stock opened at $12.5 and closed at $12.2, a decrease of 0.6% from its previous closing price of $12.3. This decline was largely the result of investors reacting to the company’s earnings report, which showed that profits dropped by nearly 6% quarter-over-quarter. The company reported that it has continued to invest in its online and delivery services, which have helped to offset some of the losses in physical stores across the country.

The company also announced plans to open additional stores throughout the remainder of the fiscal year, with a focus on expanding their presence in the Midwest and Southwest regions. This is in line with their strategy of continuing to grow the brand by increasing their presence in these markets. They are confident that their investments into new stores and technology will pay off in the long run, and are focused on continuing to provide their customers with quality products and excellent customer service. Live Quote…

About the Company

  • Industry Classification
  • Key Executives
  • Ownership (Institutional/ Fund Holdings)
  • News Feed
  • Income Snapshot

    Below shows the total revenue, net income and net margin for NGVC. More…

    Total Revenues Net Income Net Margin
    1.12k 19.52 1.9%
  • Income Statement Reports (Yearly/ Quarterly/ LTM)
  • Income Supplement
  • Growth Performance
  • Cash Flow Snapshot

    Below shows the cash from operations, investing and financing for NGVC. More…

    Operations Investing Financing
    46.35 -37.42 -20.26
  • Cash Flow Statement (Yearly/ Quarterly/ LTM)
  • Cash Flow Supplement
  • Balance Sheet Snapshot

    Below shows the total assets, liabilities and book value per share for NGVC. More…

    Total Assets Total Liabilities Book Value Per Share
    656.1 489.16 7.34
  • Balance Sheet (Yearly/ Quarterly)
  • Balance Sheet Supplement
  • Key Ratios Snapshot

    Some of the financial key ratios for NGVC are shown below. More…

    3Y Rev Growth 3Y Operating Profit Growth Operating Margin
    3.8% 2.3% 2.5%
    FCF Margin ROE ROA
    0.8% 10.5% 2.6%
  • Income Statement Ratios
  • Balance Sheet Ratios
  • Cash Flow Ratios
  • Valuation Ratios
  • Other Ratios
  • Other Supplementary Items
  • Analysis

    At GoodWhale, we have recently been analyzing the financials of NATURAL GROCERS BY VITAMIN COTTAGE to gain valuable insights. According to our Star Chart, the company is classified as a ‘cow’, which denotes a company with a track record of paying out consistent and sustainable dividends. This makes NATURAL GROCERS BY VITAMIN COTTAGE an attractive investment opportunity for investors looking for a long-term income stream. Moreover, we have also found that NATURAL GROCERS BY VITAMIN COTTAGE is strong in dividend, and medium in asset, growth, and profitability. Its health score is 7/10 with regard to its cashflows and debt, making it a reliable pick as it is capable of paying off debt and funding future operations. All these factors together make NATURAL GROCERS BY VITAMIN COTTAGE an attractive option for investors looking for a steady income stream. More…

  • Risk Rating Analysis
  • Star Chart Analysis
  • Valuation Analysis

  • Peers

    The company operates over 170 stores in 24 states, providing customers with a wide selection of healthy and sustainable food options. Natural Grocers‘ competitors include Aroma Ad, IVY Cosmetics Corp, and Bulg Roza Karlo. While each company offers a unique range of products and services, Natural Grocers is the clear leader in the natural and organic grocery space.

    – Aroma Ad ($LTS:0N16)

    Aroma Ad is a leading provider of digital marketing services. The company has a market cap of 13.87M as of 2022 and a return on equity of 0.67%. Aroma Ad specializes in helping businesses reach their target audiences through various digital channels, including search engine optimization, social media marketing, and email marketing. The company has a strong track record of helping businesses grow their online visibility and reach their desired customers.

    – IVY Cosmetics Corp ($TSE:4918)

    IVY Cosmetics Corp is a publicly traded company that manufactures and sells cosmetics and skincare products. The company has a market capitalization of $2.43 billion and a return on equity of 2.26%. IVY Cosmetics Corp is headquartered in New York, New York.


    NATURAL GROCERS BY VITAMIN COTTAGE reported strong financial results for the third quarter of FY2023, with total revenue increasing by 5.8% year-over-year and net income soaring 79.9%. This demonstrates the company’s ability to capitalize on favorable consumer trends and capitalize on opportunities for growth. Investors should consider this strong earnings report when evaluating NATURAL GROCERS BY VITAMIN COTTAGE as a potential investment. The company’s healthy financials and consistent revenue growth indicate that it is a well-positioned business that may be able to provide long-term returns.

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