3Q sales stabilize at Natural Grocers

Sales at Natural Grocers by Vitamin Cottage bounced back in the fiscal third quarter, with comps of 1.8% exceeding Wall Street estimates.

The Lakewood, Colo.-based natural foods retailer, coming off a second quarter that badly underperformed expectations, also met its earnings guidance as internal cost reductions and the sales lift delivered $2.7 million in earnings on $179.3 million in sales. Analysts had been expecting 0.5% comps and $178.9 million in revenue. Earnings per sha

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