Natural Grocers by Vitamin Cottage Announces First Quarter Fiscal 2021 Results
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Natural Grocers (NGVC) Reports Q1 EPS of $0.16, Revenues Beat; Offers FY21 EPS Mid-Point Guidance Below Consensus
February 4, 2021 5:08 PM ESTNatural Grocers (NYSE: NGVC) reported Q1 EPS of $0.16, versus $0.08 reported last year. Revenue for the quarter came in at $265 million, versus $230.03 million reported last year.
Highlights for First Quarter Fiscal 2021 Compared to First Quarter Fiscal 2020
Net sales increased 15.2% to $265.0 million;Daily average comparable store sales increased 12.7%;Operating income increased 82.7% to $5.2 million;Net income increased 94.4% to $3.6 million with diluted earnings per share of $0.16;Adjusted... More