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Natural Grocers reports strong fiscal 2024, with significant sales and net income increases.
Natural Grocers by Vitamin Cottage reported strong fiscal 2024 results, with a 7.1% increase in daily comparable store sales and a 53.2% rise in net income to $9.0 million for the fourth quarter.
For the year, net income increased by 46.0% to $33.9 million.
The company also raised its quarterly dividend by 20% to $0.12 per share.
Natural Grocers, which operates 168 stores, attributed its growth to consumer trends towards health and sustainability.
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Natural Grocers reporta fuerte fiscal 2024, con significativas ventas y aumentos de ingresos netos.