Natural Grocers (NGVC) Misses Q4 EPS by 1c, Guides FY17 EPS In-Line
Natural Grocers (NYSE: NGVC) reported Q4 EPS of $0.07, $0.01 worse than the analyst estimate of $0.08. Revenue for the quarter came in at $181 million versus the consensus estimate of $184.32 million.
GUIDANCE:
Natural Grocers sees FY2017 EPS of $0.50-$0.58, versus the consensus of $0.54.
For fiscal 2017, the Company expects:
Fiscal 2017 Outlook | |||||
Number of new stores | 15 to 20 | ||||
Number of relocations | 3 | ||||
Number of remodels | 0 | ||||
Daily average comparable store sales growth | -1.0% to 1.0% | ||||
Net income as a percent of sales | 1.4% to 1.6% | ||||
Diluted earnings per share | $0.50 to $0.58 | ||||
EBITDA as a percentage of sales | 6.4% to 6.8% | ||||
Capital expenditures (in millions) | $40 to $48 |
For earnings history and earnings-related data on Natural Grocers (NGVC) click here.
