Natural Grocers by Vitamin Cottage narrows fiscal 2026 EPS guidance after Q3 profit dip

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Natural Grocers by Vitamin Cottage narrowed its fiscal 2026 diluted earnings per share guidance to $2.07 to $2.11 from a prior range of $2.07 to $2.15, while reporting a 1.8% rise in third-quarter net sales to $334.7 million. Net income fell to $11.1 million, or $0.48 per diluted share, from $11.6 million, or $0.50 per diluted share, a year earlier, and adjusted EBITDA declined 7.6% to $22.5 million amid lower product margins, higher shrink and freight costs. The company opened three stores during the quarter, including its first Wisconsin location, and launched a DoorDash delivery partnership, with plans to integrate its loyalty program and phase in curbside pickup. Comparable-store sales growth accelerated to 1.2%, and the company now expects six to seven new store openings for the full year, with capital expenditure guidance unchanged at $45 million to $50 million.

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