Natural Grocers by Vitamin Cottage Inc
For the period ended Nov 21, 2024. Filed Nov 21, 2024.
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A notice of a major event between regular reports, such as results, a deal or a change of executives. It is often the first formal record of the news.
Nov 21, 2024 · Filed Nov 21, 2024
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NGVC$28.61-2.2%Stored close · as of Nov 6, 2026
Contents
EX-99.1 · (Dollars in thousands, except per share data)
(Dollars in thousands, except per share data)
| Three months ended September 30, | Year ended September 30, | |||
|---|---|---|---|---|
| 2024 | 2023 | 2024 | 2023 | |
| Net sales | $322,661 | 295,075 | 1,241,585 | 1,140,568 |
| Cost of goods sold and occupancy costs | 227,299 | 210,730 | 876,775 | 813,637 |
| Gross profit | 95,362 | 84,345 | 364,810 | 326,931 |
| Store expenses | 72,605 | 65,863 | 277,396 | 257,282 |
| Administrative expenses | 10,241 | 9,807 | 38,715 | 35,973 |
| Pre-opening expenses | 450 | 938 | 1,722 | 2,007 |
| Operating income | 12,066 | 7,737 | 46,977 | 31,669 |
| Interest expense, net | (1,053) | (821) | (4,176) | (3,299) |
| Income before income taxes | 11,013 | 6,916 | 42,801 | 28,370 |
| Provision for income taxes | (2,003) | (1,036) | (8,866) | (5,127) |
| Net income | $9,010 | 5,880 | 33,935 | 23,243 |
| Net income per share of common stock: | ||||
| Basic | $0.40 | 0.26 | 1.49 | 1.02 |
| Diluted | $0.39 | 0.26 | 1.47 | 1.02 |
| Weighted average number of shares of common stock outstanding: | ||||
| Basic | 22,799,571 | 22,738,284 | 22,774,825 | 22,725,088 |
| Diluted | 23,175,214 | 22,945,750 | 23,083,903 | 22,834,316 |
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