Natural Grocers (NYSE: NGVC) reported Q2 EPS of $0.13, $0.03 worse than the analyst estimate of $0.16. Revenue for the quarter came in at $192.2 million versus the consensus estimate of $197.65 million.

• Net sales increased 8.3% to $192.2 million in the second quarter and increased 8.9% to $375.8 million in the first half of fiscal 2017;
• Daily average comparable store sales decreased 1.7% in the second quarter and decreased 1.2% in the first half of fiscal 2017;
• Net income was $3.0 million with diluted earnings per share of $0.13 in the second quarter and was $5.1 million with diluted earnings per share of $0.23 in the first half of fiscal 2017;
• EBITDA was $12.8 million in the second quarter and was $24.1 million in the first half of fiscal 2017;
• Opened nine new stores in the first half of fiscal 2017, compared to nine new stores in the first half of fiscal 2016, resulting in growth rates of 20.5% and 17.9% for the twelve month periods ended March 31, 2017 and 2016, respectively; and
• The Company is narrowing its fiscal 2017 outlook, including revising expectations for new store openings to 15 to 17 new stores from the previous forecast of 15 to 20 new stores.

For earnings history and earnings-related data on Natural Grocers (NGVC) click here.