NGVC - Natural Grocers by Vitamin Cottage GAAP EPS of $0.26 revenue of $283.2M

2023-05-04 17:01:06 ET

• Natural Grocers by Vitamin Cottage press release ( NYSE: NGVC ): Q2 GAAP EPS of $0.26.
• Revenue of $283.2M (+4.2% Y/Y).
• Adjusted EBITDA was $16.8 million;

• Adjusted EBITDA for the second quarter of fiscal 2023 increased 4.6% to $16.8 million, compared to $16.1 million in the second quarter of fiscal 2022.

• As of March 31, 2023, the Company had $19.0 million in cash and cash equivalents, no outstanding borrowings on its $50.0 million revolving credit facility, and $11.7 million outstanding on its term loan facility.

• The Company is raising its fiscal 2023 outlook for comparable store sales based upon year-to-date performance and current trends

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