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Stock impact report

Natural Grocers by Vitamin Cottage Announces Third Quarter Fiscal 2018 Results

Natural Grocers by Vitamin Cottage, Inc. (NGVC) 
Last natural grocers by vitamin cottage, inc. earnings: 8/2 04:10 pm Check Earnings Report
US:NYSE Investor Relations: investors.naturalgrocers.com
Company Research Source: PR Newswire
LAKEWOOD, Colo., Aug. 2, 2018 /PRNewswire/ -- Natural Grocers by Vitamin Cottage, Inc. (NYSE: NGVC) today announced results for its third quarter of fiscal 2018 ended June 30, 2018.  The Company is raising its fiscal 2018 outlook for daily average comparable store sales growth and raising the low end of its diluted earnings per share outlook, among other changes to guidance. Highlights for Third Quarter Fiscal 2018 Compared to Third Quarter Fiscal 2017Net sales increased 9.5% to $213.1 million; Daily average comparable store sales increased 5.2%; Net income increased 233% to $2.0 million with diluted earnings per share of $0.09; EBITDA increased 20.7% to $11.1 million; Opened two new stores and relocated one store, resulting in a 5.0% new store growth rate for the twelve month period ended June 30, 2018; and The Company is raising its fiscal 2018 outlook for daily average comparable stores sales growth to 4.5% to 5.5% and raising the low end of its fiscal 2018 d Show less Read more
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