NGVCNYSERetail-Grocery StoresUS GAAP · USD

Natural Grocers by Vitamin Cottage, Inc.

Natural Grocers by Vitamin Cottage, Inc. is a U.S.-based specialty grocery retailer focused on natural and organic foods, dietary supplements, and body care products. It operates a smaller-store format across the western and central United States, with stores supported by a distribution center and bulk food repackaging facility in Colorado.

Liikevaihto1 331milj. USD
+7,2 %v/v
Liikevoitto (EBIT)62,0milj. USD
+32,0 %v/v
EBIT-marginaali4,7%
+0,9 %-yks.v/v
Nettotulos46,4milj. USD
+36,9 %v/v
Vapaa kassavirta24,1milj. USD
−33,5 %v/v

Tilikausi 2025 · muutos edellisvuodesta

Kehitys 2020–2025

05001 0001 500milj. USD2020: 1 037 milj. USD2020: EBIT 28 milj. USD20202021: 1 056 milj. USD2021: EBIT 28 milj. USD20212022: 1 090 milj. USD2022: EBIT 30 milj. USD20222023: 1 141 milj. USD2023: EBIT 32 milj. USD20232024: 1 242 milj. USD2024: EBIT 47 milj. USD20242025: 1 331 milj. USD2025: EBIT 62 milj. USD20251 33162
LiikevaihtoLiikevoitto (EBIT)

Liiketoiminta

Osuus liikevaihdosta
Natural & organic groceries70 %

Packaged and fresh grocery items that meet the company’s ingredient standards.

Dietary supplements20 %

Vitamins, minerals, herbs, and other supplement products sold in-store.

Body care products5 %

Personal care and body care items aligned with the company’s product standards.

Education and services5 %

Nutrition education, classes, publications, and customer engagement services.

Tuotteet

Raportoitu · osuus liikevaihdosta
71,5%19,0%9,4%FY2025100 %
  • Grocery71,5 %
  • Dietary Supplements19,0 %
  • Manufactured Product Other9,4 %

Lähde: 10-K FY2025, yhtiön tuotelinjoittain raportoima liikevaihto (SEC XBRL). Osuudet on laskettu näytetyistä riveistä ja ne summautuvat 100 %:iin.

Asiakkaat

The company serves health-conscious grocery shoppers who want natural and organic products at accessible price points. Its customer base also includes supplement buyers and households that value nutrition education, product transparency, and environmentally conscious retail practices.

Core natural & organic grocery shoppers

Buy everyday groceries that meet strict ingredient standards and avoid artificial additives.

Dietary supplement customers

Purchase vitamins and supplements for wellness, immune support, and healthy aging.

Body care shoppers

Buy personal care products that fit the company’s natural-product standards.

Education-driven customers

Use classes, publications, and coaching to inform food and supplement choices.

Strategia

The company’s strategy centers on expanding its store base while reinforcing its differentiated value proposition of strict product standards, affordable pricing, and nutrition education. It also uses loyalty marketing, digital outreach, and community engagement to deepen customer relationships and convert occasional shoppers into repeat multi-category customers.

Store expansionKeskipitkä aikaväli

Adds new trading areas and increases brand reach in a fragmented market.

Customer retention and basket growthLyhyt aikaväli

The model depends on repeat visits and multi-category purchases.

Brand differentiation through educationKeskipitkä aikaväli

Nutrition education helps attract customers and build trust beyond price alone.

Community-based marketingLyhyt aikaväli

Local engagement supports awareness in each store trade area.

Maantiede

Natural Grocers operates exclusively in the United States, with stores concentrated across 21 states in the West, Southwest, Mountain, and Plains regions. Its headquarters are in Lakewood, Colorado, and it also operates a bulk food repackaging facility and distribution center in Golden, Colorado.

Riskit

The business is exposed to intense grocery and supplement competition, shifting consumer preferences, and supply-chain dependence on certified organic and compliant products. It also faces regulatory, weather, and sourcing risks that can disrupt availability, increase costs, or force product removals and recalls.

Järjestetty vakavuuden mukaan
MatalaKohtalainenKorkeaMatalaKohtalainenKorkeaVaikutus →Todennäköisyys →Intense competition in grocery and supplements1Shifts in consumer preferences2Supplier compliance and product availability3Product recalls and regulatory non-compliance4Weather, climate, and sourcing disruptions5
Vaikutus on riskin vakavuus ja todennäköisyys sen toteutumisen todennäköisyys lähivuosina, molemmat arvioitu yhtiön raporttien perusteella. Numerot vastaavat listaa.
  1. Intense competition in grocery and supplementsVaikutus: KorkeaTodennäköisyys: Kohtalainen

    The company competes with supermarkets, mass retailers, clubs, and specialty chains on price, selection, and convenience.

    Kohdistuu: store traffic and pricing power

  2. Shifts in consumer preferencesVaikutus: KorkeaTodennäköisyys: Kohtalainen

    Demand for natural and organic products can change with economic conditions and perceived value.

    Kohdistuu: sales mix and comparable store sales

  3. Supplier compliance and product availabilityVaikutus: KorkeaTodennäköisyys: Kohtalainen

    The model depends on certified organic and internally approved products from third parties.

    Kohdistuu: inventory availability and assortment

  4. Product recalls and regulatory non-complianceVaikutus: KorkeaTodennäköisyys: Kohtalainen

    A recall or labeling issue can force removals and harm brand trust.

    Kohdistuu: reputation and sales

  5. Weather, climate, and sourcing disruptionsVaikutus: KeskitasoTodennäköisyys: Kohtalainen

    The company relies on agricultural and overseas supply chains for many products.

    Kohdistuu: costs and product flow

Kirjanpito

Harkinnanvaraiset erät
Lease accounting

A large store base creates significant right-of-use assets and lease liabilities.

Vaikutus: Affects operating expense timing and leverage measures

Long-lived asset impairment

Store-level assets may need write-downs if cash flows weaken.

Vaikutus: Can create non-cash charges and reduce asset values

Goodwill and indefinite-lived intangibles

The company tests goodwill and trademarks for impairment annually.

Vaikutus: Could lead to non-cash impairment charges

Income taxes and valuation allowances

Deferred tax assets depend on future taxable income and judgment.

Vaikutus: Affects tax expense and balance sheet assets

Seasonality

Grocery demand and holiday promotions can shift quarterly results.

Vaikutus: Affects revenue and margin comparability across periods

Julkisesti listattuja yhtiöitä, joilla on samankaltainen liiketoiminta.

Päivitetty: 24.9.2026

Natural Grocers by Vitamin Cottage, Inc. (NGVC) liikevaihto, tulos ja tunnusluvut 2025 – Clarifo