AI brief of an SEC Form 8-K · Natural Grocers by Vitamin Cottage, Inc. (NGVC)

Natural Grocers Q1 net income rises 14% to $11.3 million; outlook affirmed

Positive Impact 3 of 5 earnings Written later

Natural Grocers by Vitamin Cottage reported results for the first quarter of fiscal 2026, ended December 31, 2025, with net sales up 1.6% to $335.6 million and net income up 14.0% to $11.3 million, or $0.49 per diluted share, compared with $0.43 a year earlier. The company affirmed its full fiscal 2026 outlook, including diluted earnings per share of $2.00 to $2.15, and declared a quarterly dividend of $0.15 per share.

Key points

  • Net sales rose $5.4 million, or 1.6%, to $335.6 million; daily average comparable store sales rose 1.7%
  • Gross margin fell 40 basis points to 29.5%, which the company attributed mainly to higher inventory shrink
  • Operating income rose 9.7% to $14.6 million; diluted EPS was $0.49 versus $0.43
  • Fiscal 2026 outlook affirmed; quarterly dividend of $0.15 per share payable March 18, 2026 to holders of record on March 2, 2026

The filing

CompanyNatural Grocers by Vitamin Cottage, Inc. (NGVC)
Form8-K, current report
Filed with the SECFeb 5, 2026, 4:07 PM ET
Accession number0001437749-26-003198

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 8:38 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 05, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.