Wednesday, August 8, 2018

Natural Grocers working toward a footprint of 1,100 stores

Retail Leader
Natural Grocers is leveraging dietary education and store experience into sustained sales and earnings growth on its way to 1,100 stores.

Natural Grocers by Vitamin Cottage Inc. reported an impressive third quarter, with a 9.5 percent net sales increase to $213.1 million, a 5.2 boost in same store sales, and a 233 percent net income surge to $2 million with diluted earnings per share of 9 cents.

During an earnings call presentation, Natural Grocers says it is working toward a footprint of 1,100 stores across the United States. It currently has 147 stores in 19 states.. . . more