Natural Grocers by Vitamin Cottage Announces Third Quarter Fiscal 2020 Results
(WorldNews Environment)

Natural Grocers by Vitamin Cottage Announces Third Quarter Fiscal 2020 Results Join our Community on Facebook LAKEWOOD, Colo., Aug. 6, 2020/PRNewswire/ -- Natural Grocers by Vitamin Cottage, Inc. (NYSE: NGVC) today announced results for its third quarter of fiscal 2020 ended June 30, 2020and revised its outlook for fiscal 2020. Highlights for Third Quarter Fiscal 2020 Compared to Third Quarter Fiscal 2019 Net sales increased 18.1% to $265.1 million; Daily average comparable store sales increased 15.5%; Operating income increased 74.3% to $6.7 million; Net income increased 134.8% to $4.7 millionwith diluted earnings per share of $0.21; EBITDA increased 32.2% to $14.6 million; Opened two new...