Natural Grocers Increases Expected Diluted Earnings Per Share

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Lakewood, CO—Natural Grocers by Vitamin Cottage announced the results for its second quarter of fiscal 2019 ended March 31, 2019 in a press release.

Highlights for the quarter, as opposed to second quarter fiscal 2018, include:

  • Net sales increased 6.7%
  • Daily average comparable store sales increased 2.9%
  • EBITDA increased 2.7%
  • Operating income increased 8.4%
  • Net income increased 13.4% to $3.9 million with diluted earnings per share of $0.17
  • Daily average comparable store sales increased 2.9%

The fiscal 2019 outlook, according to the release, has been updated to include an increase in expected diluted earnings per share. The company confirmed its outlook for daily average comparable store sales growth.

The full release is available here.

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