Natural Grocers By Vitamin Cotta Up 22.28% To $15.56 After Earnings Beat

Friday, November 17, 2023 - Natural Grocers By Vitamin Cotta (NGVC) reported upside earnings and revenues today.

Natural Grocers By Vitamin Cotta's earnings came in at an EPS of $0.26 per share, 30.00% higher than estimates for an EPS of $0.2 per share. The firm's earnings are up 189% since reporting $0.09 per share in the same period a year ago.

Consensus estimates for Natural Grocers By Vitamin Cotta revenue averaged out to $285 million, with the business managing to beat those expectations with reported fourth-quarter revenue of $295.1 million. The $10.1 million (4%) positive revenue surprise led to 8% growth year-over-year as the firm reported revenue of $274.2 million in its year-ago quarter. The higher earnings growth compared to revenue points to Natural Grocers By Vitamin Cotta improving its profit margin.

The stock is up 22.28% to $15.56 after the report.

Natural Grocers By Vitamin Cotta's earnings expanded faster than revenues, signaling widening profit margins.

Trading in the five days leading up to the report earned Natural Grocers By Vitamin Cotta a Neutral Sentiment Rank from InvestorsObserver.

Natural Grocers By Vitamin Cotta has been a strong performer over the past few months, garnering a high Long-Term Technical Rank by InvestorsObserver of 89, putting Natural Grocers By Vitamin Cotta in the top 25% of stocks. The firm was recently trading at a 52-week high of $13.8 on August 21, 2023 and set a 52-week low on January 19, 2023 at $8.

Natural Grocers by Vitamin Cottage Inc operates natural and organic grocery and dietary supplement stores. It offers the following product categories, natural and organic food, dietary supplements, natural body care, household, and pet care products. The company generates the majority of its revenue from grocery products and dietary supplements, with the rest from body-care and pet-care products and others.