Company: NGVC
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0001437749-25-025419
Chunk: 28

Company: Natural Grocers by Vitamin Cottage, Inc.
Filing Date: 2025-08-07
Form: 10-Q
Item: Part I, Item 8
Chunk 28
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			Net sales. Net sales were $328.7 million for the three months ended June 30, 2025, an increase of $19.6 million, or 6.3%, compared to net sales of $309.1 million for the three months ended June 30, 2024. Net sales were $994.7 million for the nine months ended June 30, 2025, an increase of $75.8 million, or 8.2%, compared to net sales of $918.9 million for the nine months ended June 30, 2024.

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			Daily average comparable store sales. Daily average comparable store sales for the three months ended June 30, 2025 increased 7.4% compared to the three months ended June 30, 2024. Daily average comparable store sales for the nine months ended June 30, 2025 increased 8.4% compared to the nine months ended June 30, 2024.

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			Net income. Net income was $11.6 million for the three months ended June 30, 2025, an increase of $2.4 million, or 26.0%, compared to net income of $9.2 million for the three months ended June 30, 2024. Net income was $34.6 million for the nine months ended June 30, 2025, an increase of $9.7 million, or 39.0%, compared to net income of $24.9 million for the nine months ended June 30, 2024.

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			EBITDA. Earnings before interest, taxes, depreciation, and amortization (EBITDA) was $23.5 million for the three months ended June 30, 2025, an increase of $2.8 million, or 13.8%, compared to $20.7 million for the three months ended June 30, 2024. EBITDA was $70.3 million for the nine months ended June 30, 2025, an increase of $12.4 million, or 21.4%, compared to $57.9 million for the nine months ended June 30, 2024. EBITDA is not a measure of financial performance under GAAP. Refer to the “Non-GAAP Financial Measures” section in this MD&A for a definition of EBITDA