Natural Grocers sees 4Q profit of $2.2M

LAKEWOOD, Colo. — Natural Grocers by Vitamin Cottage Inc. on Thursday reported fiscal fourth-quarter profit of $2.2 million, or 9 cents per share.

The Lakewood-based retailer of natural and organic groceries and dietary supplements posted revenue of $274.2 million in the period, up from $272 million a year ago.

“The fourth quarter results were in-line with our expectations given the moderation of pandemic trends, including more normalized levels of summer travel and food-away-from-home consumption,” said Kemper Isely, co-president of the company. “We estimate that product cost inflation was approximately 7% for the fourth quarter.”

For the year, the company reported profit of $21.4 million, or 94 cents per share.

Shares of Natural Grocers rose 31 cents, or 2.7%, to close Thursday at $11.94.

The chain has three stores in Arkansas — in Fayetteville, Jonesboro and Little Rock.