Comps Up 12.9% at Natural Grocers

LAKEWOOD, Colo. — Natural Grocers by Vitamin Cottage here said Thursday that its comparable-store sales for the first fiscal quarter were up 12.9%.

The fast-growing, small-format operator also increased its sales and EBITDA outlook for the year, projecting comps of 8% to 9% for fiscal 2013 — up 0.5% over previous projections — and EBITDA as a percent of sales of 7.2% to 7.4%, v. previous projections of 7% to 7.2%.

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