Natural Grocers by Vitamin Cottage, Inc.
Natural Grocers by Vitamin Cottage, Inc. (NGVC) operates as a specialty retailer of natural and organic groceries and dietary supplements across the United States. The company maintains its website at www.naturalgrocers.com and trades on the NASDAQ exchange. From the company’s description.
Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.
What Natural Grocers by Vitamin Cottage, Inc. does
In the company’s own words
Natural Grocers by Vitamin Cottage, Inc. (NGVC) operates as a specialty retailer of natural and organic groceries and dietary supplements across the United States. The company maintains its website at www.naturalgrocers.com and trades on the NASDAQ exchange.
Founded in 1958 by Margaret and Philip Isely in Golden, Colorado, Natural Grocers has grown from a single location to 169 stores operating across 21 states as of September 30, 2025. The company's business model centers on providing high-quality natural and organic products at affordable prices while emphasizing nutrition education and community engagement. The second generation of the Isely family acquired the business in 1998 and has overseen significant expansion and operational improvements.
The company operates a distinctive smaller-store format, with locations averaging approximately 11,000 selling square feet. Stores offer approximately 20,000 stock keeping units per location, including roughly 6,500 dietary supplement products. The product mix consists primarily of grocery items and dietary supplements, with grocery representing the larger revenue segment. Natural Grocers maintains strict quality standards, refusing to sell products containing artificial flavors, preservatives, sweeteners, synthetic colors, or partially hydrogenated oils. The company exclusively carries USDA-certified organic produce, pasture-raised dairy products, free-range eggs, and humanely sourced meats and seafood.
A core competitive differentiator is the company's emphasis on nutrition education through trained Nutritional Health Coaches present in every store. These credentialed professionals provide free one-on-one coaching, classes, and community outreach programs. The company also publishes the Health Hotline magazine, distributed monthly to educate customers on nutrition topics.
Natural Grocers employed 3,455 full-time and 795 part-time crew members as of September 30, 2025. The company sources from approximately 900 suppliers offering roughly 2,600 brands, with approximately 69 percent of purchases from United Natural Foods Inc. The company operates a 150,000 square foot bulk food repackaging facility and distribution center in Golden, Colorado. The {N}power customer rewards program had approximately 2.7 million registered members as of September 30, 2025, supporting the company's customer loyalty and targeted marketing initiatives.
Company details
- Sector
- Consumer Staples
- Industry
- Grocery Stores
- Headquarters
- LAKEWOOD, CO
- Fiscal year end
- September
- CIK
- 1547459
- SIC
- 5411
Financial performance, year by year
Fiscal 2013–2025 · USDThe full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.
Who owns Natural Grocers by Vitamin Cottage, Inc. — and what changed
Funds as of 2026Q2 · superinvestors as of 2026-06-30
Largest fund holders · Natural Grocers by Vitamin Cottage, Inc.’s weight in each
Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.
Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.
Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.
Recent filings
All filings →Each filing opens into its own statements and disclosures here.
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