10-Q quarterly report · filed May 7, 2026

Natural Grocers by Vitamin Cottage, Inc. (NGVC) Q1 2026 10-Q Quarterly Report

Short answer

Natural Grocers by Vitamin Cottage, Inc. (NGVC) filed its Q1 2026 10-Q quarterly report on May 7, 2026 for the quarter ended Mar 31, 2026. Quarterly revenue was $337M (up 0.5% year over year) with net income of $13M.

Q1 2026 key financials · XBRL

Revenue
$337M
+0.5% YoY · +0.5% QoQ
Net income
$13M
+2.5% YoY · +18.5% QoQ
Operating margin
5.4%
Gross margin
30.4%
EPS (diluted)
$0.58
+3.6% YoY · +18.4% QoQ

Source: XBRL data from the Natural Grocers by Vitamin Cottage, Inc. (NGVC) Q1 2026 10-Q on SEC EDGAR. USD.

Natural Grocers by Vitamin Cottage, Inc. Q1 2026 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Quarterly net sales $337.4M, up $1.6M or 0.5% YoY
  • Gross margin 30.4% vs 30.3% YoY; operating margin 5.4% vs 5.2%
  • Comparable-store sales up 0.5%, driven by 1.6% higher transaction size
  • Cash $20.7M and Credit Facility availability $67.6M at March 31, 2026
  • Outlook: six to eight new stores planned; headwinds from competition, inflation, tariffs, and supply disruptions

Risk Factors

  • No material changes from Form 10-K risk factors disclosed this quarter
  • Share repurchase program extended through May 31, 2028
  • Approximately $8.1 million remains authorized for share repurchases
  • Repurchases subject to market conditions and applicable legal requirements

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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