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NGVC - Natural Grocer spikes after earnings and special dividend
Natural Grocers by Vitamin Cottage Inc.
There is a breakout in the grocery sector as Natural Grocers ([[NGVC]] +20.2%) soars after the company tops Q3 estimates and issues a special dividend of $2.00 per share. The company posted daily average comparable sales growth of 13.2% in Q3 and recorded adjusted EBITDA of $13.3M vs. $10.3M consensus. NGVC guided for FY21 EPS of $0.60 to $0.70 vs. $0.68 consensus. Natural Grocers trades at its highest level since August.Read Natural Grocers earnings call transcript