ngvc: the income statement

MyFinsight

Natural Grocers by Vitamin Cottage, Inc. (NGVC)

For the quarter ending 2025-06-30, NGVC made $328,705K in revenue. $11,605K in net income. Net profit margin of 3.53%.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

	2025-06-30	2025-03-31	2024-12-31	2024-06-30
Net sales	328,705	335,769	330,221	309,082
Cost of goods sold and occupancy costs	230,426	234,021	231,397	218,751
Gross profit	98,279	101,748	98,824	90,331
Administrative expenses	10,949	11,023	11,514	9,545
Store expenses	71,719	72,755	73,526	67,575
Pre-opening expenses	24	417	436	364
Operating income	15,587	17,553	13,348	12,847
Interest expense, net	694	750	923	1,052
Income before income taxes	14,893	16,803	12,425	11,795
Provision for income taxes	3,288	3,702	2,487	2,586
Net income	11,605	13,101	9,938	9,209

Basic (in dollars per share)	0.51	0.57	0.43	0.4
Diluted (in dollars per share)	0.5	0.56	0.43	0.4
Us-gaap_weightedaveragenumberofdilutedsharesoutstanding	23,311,935	23,273,700	23,168,064	23,115,356
Weighted average number of shares of common stock outstanding (in shares)	22,951,339	22,935,698	22,903,569	22,789,057

Unit: Thousand (K) dollars (except for numbers of shares and EPS)