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Natural Grocers by Vitamin Cottage Announces Fiscal 2025 Fourth Quarter and Full Year Results

Natural Grocers by Vitamin Cottage (NGVC) | November 20, 2025

By Wendy Roberts

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Natural Grocers by Vitamin Cottage, Inc. (NYSE: NGVC) reported record full-year sales and earnings for fiscal 2025.

The company increased its quarterly cash dividend by 25% to $0.15 per common share.

Net sales for fiscal 2025 increased by 7.2% to $1.33 billion, with daily average comparable store sales growing by 7.3%.

The 22nd consecutive year of positive comparable store sales growth was achieved by the company.

Net Sales Growth

Net sales increased by 7.2% to $1.33 billion for fiscal 2025.

Quarterly Dividend Increase

Quarterly cash dividend raised by 25% to $0.15 per common share.

Positive Comparable Store Sales Trend

Achieved the 22nd consecutive year of positive comparable store sales growth.

Operating Income Growth

Operating income for the fourth quarter of fiscal 2025 increased by 28.5% to $15.5 million.

  • The company's focus on offering high-quality natural and organic products resonated with consumers, leading to sales growth.
  • The commitment to competitive pricing and value creation for customers contributed to the positive financial performance.
  • Plans to open six to eight new stores in fiscal 2026 indicate strategic growth initiatives and expansion efforts.

Natural Grocers by Vitamin Cottage demonstrated strong financial performance in fiscal 2025, marked by record sales, earnings, and positive comparable store sales growth. The company's strategic focus on product quality, competitive pricing, and expansion plans sets a positive outlook for future growth and value creation for stockholders.