Natural Grocers (NGVC) Reports In-Line Q3 EPS
Natural Grocers (NYSE: NGVC) reported Q3 EPS of $0.12, in-line with the analyst estimate of $0.12. Revenue for the quarter came in at $179.3 million versus the consensus estimate of $179.15 million. Comps increased 1.8%.
Fiscal 2016 Outlook
The Company is reiterating its outlook for fiscal 2016, which was updated when the Company reported preliminary second quarter results on April 20, 2016:
Current Fiscal2016 Outlook | Nine MonthsEnded June 30,2016 Actual | ||||||
Number of new stores | 23 | 15 | |||||
Number of relocations | 4 | 3 | |||||
Number of remodels | 1 | 1 | |||||
Daily average comparable store sales growth | 0% to 1.5% | 1.8% | |||||
Net income as a percent of sales | 1.6% to 1.8% | 1.9% | |||||
Diluted earnings per share | $0.50 to $0.56 | $0.44 | |||||
EBITDA as a percentage of sales | 6.7% to 7.0% | 6.8% | |||||
Capital expenditures (in millions) | $52 to $54 | $39 | |||||
For earnings history and earnings-related data on Natural Grocers (NGVC) click here.