Company: NGVC
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0001437749-25-025419
Chunk: 85

Company: Natural Grocers by Vitamin Cottage, Inc.
Filing Date: 2025-08-07
Form: 10-Q
Item: Part I, Item 1
Chunk 85
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 income

			4.7

			4.2

			4.7

			3.8

			Interest expense, net

			(0.2
			)

			(0.3
			)

			(0.2
			)

			(0.3
			)

			Income before income taxes

			4.5

			3.8

			4.4

			3.5

			Provision for income taxes

			(1.0
			)

			(0.8
			)

			(1.0
			)

			(0.7
			)

			Net income

			3.5
			%

			3.0

			3.5

			2.7

			__________________________

			*Figures may not sum due to rounding.

			Other Operating Data:

			Number of stores at end of period

			169

			168

			169

			168

			Number of new stores opened during the period

			—

			—

			2

			3

			Number of stores relocated/remodeled during the period

			—

			3

			2

			4

			Number of stores closed during the period

			—

			—

			2

			—

			Twelve-month store unit growth rate

			0.6
			%

			2.4

			0.6

			2.4

			Change in daily average comparable store sales

			7.4
			%

			7.2

			8.4

			7.0

22

Three months ended June 30, 2025 compared to the three months ended June 30, 2024

The following table summarizes our results of operations and other operating data for the periods presented, dollars in thousands:

			Three months ended

			June 30,

			Change in

			2025

			2024

			Dollars

			Percent

			Statements of Income Data:

			Net sales

			$
			328,705

			309,082

			19,623

			6.3
			%

			Cost of goods