Company: NGVC
Filing Date: 2025-12-11
Form Type: 10-K
Source: 0001437749-25-037556
Chunk: 285

Company: Natural Grocers by Vitamin Cottage, Inc.
Filing Date: 2025-12-11
Form: 10-K
Item: Item 2
Chunk 285
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	3.4

			2.5

			Provision for income taxes

			(0.9
			)

			(0.7
			)

			(0.4
			)

			Net income

			3.5
			%

			2.7

			2.0

			__________________________

			* Figures may not sum due to rounding.

			Other Operating Data (Unaudited):

			Number of stores at end of period

			169

			169

			165

			Store unit count increase period over period

			—
			%

			2.4

			0.6

			Change in daily average comparable store sales

			7.3
			%

			7.0

			3.6

			Number of new stores opened during the period

			2

			4

			3

			Number of stores relocated/remodeled during the period

			3

			4

			3

			Number of stores closed during the period

			2

			—

			2

			Gross square footage at end of period (1)

			2,735,774

			2,728,203

			2,676,607

			Selling square footage at end of period (1)

			1,776,373

			1,780,083

			1,745,701

(1) Gross square footage and selling square footage at the end of the period include the square footage for all stores that were open as of the end of the fiscal year presented.

46

Year ended September 30, 2025 compared to Year ended September 30, 2024

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

			Year ended September 30,

			Change in

			2025

			2024

			Dollars

			Percent

			Statements of Income Data:

			Net sales

			$
			1,330,836

			1,241,585

			89,251

			7.2
			%

			Cost of goods sold and occupancy costs

			932,959

			876,775

			56,184

			6