Natural Grocers FY26 Q3 net income drops 4.6% to $11.07 million; net sales rise 1.8% to $334.74 million - NGVC News | RalliesNatural Grocers FY26 Q3 net income drops 4.6% to $11.07 million; net sales rise 1.8% to $334.74 million
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NGVC• Quarterly results and margins
- Natural Grocers posted GAAP net income of USD 11.07 million for the quarter ended June 30, 2026, down 4.6%.
- GAAP net sales rose 1.8% to USD 334.74 million, with daily average comparable store sales up 1.2%.
- GAAP gross margin narrowed 0.6 percentage points to 29.3% on unfavorable sales mix, higher shrink, and higher freight costs.
- GAAP operating income slipped 3.8% to USD 15 million; pre-opening expenses were USD 1.29 million.
Store count and expansion plans
- It plans to open six to seven new stores in fiscal 2026.
- It ended the quarter with 172 stores across 22 states.
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