NYSE$NGVC
Natural Grocers By Vitamin C · Q1 2024 earnings
Q1 2024 earnings · · Investor relations
Briefing
Announced results for the first quarter of fiscal 2024 and raised fiscal 2024 outlook.
Natural Grocers reported a strong first quarter in fiscal 2024, with net sales increasing by 7.6% to $301.8 million and diluted earnings per share increasing by 78.9% to $0.34. The company raised its fiscal 2024 outlook for daily average comparable store sales growth and diluted earnings per share.
- Net sales increased 7.6% to $301.8 million.
- Daily average comparable store sales increased 6.2%.
- Net income was $7.8 million, with diluted earnings per share of $0.34.
- Opened two new stores and relocated one store.
Headline financials
Revenue & EPS history
Natural Grocers · Revenue · Quarterly
$302M
Revenue by segment
Natural Grocers · $8.5M total across 2 segments · Q3 2022
- Comparable store sales$6.4M—75.3%
- New store sales$2.1M—24.7%
Forward guidance
The Company is raising its fiscal 2024 outlook for daily average comparable store sales growth and diluted earnings per share.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2024
+4.6%
Avg return
Earnings day
+4.6%
Avg return
5 days after
+3.6%
Avg return
30 days after
59%
34 / 58 earnings
Positive
+44.7%
Q2 2020
Best reaction
-35.0%
Q2 2014
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q2 2026 | -5.2% | +1.3% | +7.7% | |
| Q1 2026 | -0.1% | -9.8% | -4.1% | |
| Q4 2025 | -6.6% | -8.5% | -17.0% | |
| Q2 2025 | +31.5% | +8.8% | -1.3% | |
| Q1 2025 | +2.5% | -0.5% | -23.2% | |
| Q4 2024 | +31.1% | +33.9% | +12.7% | |
| Q3 2024 | +6.0% | +0.3% | +12.8% | |
| Q2 2024 | +9.1% | +13.1% | +16.6% | |
| Q1 2024 | +18.4% | +4.1% | +17.7% | |
| Q4 2023 | +20.1% | +28.6% | +25.0% | |
| Q3 2023 | +5.8% | +5.3% | +1.1% | |
| Q2 2023 | +11.6% | +4.1% | +0.8% | |
| Q1 2023 | -0.9% | +2.3% | +10.6% | |
| Q4 2022 | -11.2% | -10.1% | -22.1% | |
| Q3 2022 | -5.9% | -8.7% | -18.1% | |
| Q2 2022 | -17.1% | -11.0% | -16.7% | |
| Q1 2022 | +2.5% | +11.6% | +30.4% | |
| Q4 2021 | +10.7% | +17.0% | +11.4% | |
| Q3 2021 | +5.1% | +4.3% | +6.1% | |
| Q2 2021 | -19.5% | -25.4% | -29.9% | |
| Q1 2021 | -0.9% | +0.2% | -3.0% | |
| Q4 2020 | +17.0% | +24.9% | +10.8% | |
| Q3 2020 | -7.2% | -16.3% | -33.0% | |
| Q2 2020 | +44.7% | +27.6% | +32.8% | |
| Q1 2020 | -5.1% | -5.0% | -21.8% | |
| Q4 2019 | +7.4% | +5.8% | +10.6% | |
| Q3 2019 | +29.7% | +17.1% | +2.9% | |
| Q2 2019 | +3.9% | +5.5% | -15.5% | |
| Q1 2019 | -3.4% | +0.2% | -8.6% | |
| Q4 2018 | +35.6% | +29.7% | +8.3% | |
| Q3 2018 | +38.4% | +31.4% | +54.8% | |
| Q2 2018 | +18.2% | +33.2% | +55.5% | |
| Q1 2018 | -23.1% | -15.3% | -15.6% | |
| Q4 2017 | +28.3% | +32.0% | +83.6% | |
| Q3 2017 | -34.6% | -30.3% | -32.1% | |
| Q2 2017 | -7.5% | -7.0% | -2.1% | |
| Q1 2017 | -4.4% | -4.3% | -3.9% | |
| Q4 2016 | -5.2% | -5.5% | +5.7% | |
| Q3 2016 | +1.5% | -5.3% | -9.0% | |
| Q2 2016 | +2.6% | — | — | |
| Q1 2016 | -12.9% | — | — | |
| Q4 2015 | +3.5% | — | — | |
| Q3 2015 | +20.0% | — | — | |
| Q2 2015 | -12.2% | — | — | |
| Q1 2015 | +9.8% | — | — | |
| Q4 2014 | +20.1% | — | — | |
| Q3 2014 | -13.4% | — | — | |
| Q2 2014 | -35.0% | — | — | |
| Q1 2014 | +13.3% | — | — | |
| Q4 2011 | +1.4% | — | — | |
| Q4 2013 | -1.8% | — | — | |
| Q3 2013 | -1.4% | — | — | |
| Q2 2013 | +17.5% | — | — | |
| Q2 2012 | +17.5% | — | — | |
| Q1 2012 | +8.4% | — | — | |
| Q1 2013 | +8.4% | — | — | |
| Q4 2012 | +6.1% | — | — | |
| Q3 2012 | -5.8% | — | — | |
| Q3 2011 | — | — | — | |
| Q2 2011 | — | — | — | |
| Q1 2011 | — | — | — |
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