VSI - Better Execution At Natural Grocers Counterbalanced By A Tougher Operating Environment
These are tough times to be in the grocery business. With intensifying competition from newer entrants like Aldi and Lidl, steady pressure from Walmart (WMT), and growing online sales, it's hard for everybody, and it's even harder for organic/natural-focused grocers like Natural Grocers (NGVC) and Sprouts (SFM) as "regular" grocers increase their organic assortment and continue to pressure pricing.
Natural Grocers shares have fallen 40% since my last update, and the company is now largely uncovered (two analysts currently have published estimates). While the company has not