Natural Grocers by Vitamin Cottage, Inc.

Income statement revenue $334.74M (+1.8% YoY).Operating income $15M (-3.8% YoY).Pre-tax result $14.33M (-3.8% YoY).Net result $11.07M (-4.6% YoY).

• Dietary Supplements: $59.85M (-3.4% YoY)
• Grocery: $243.99M (+3.7% YoY)
• Manufactured Product Other: $30.9M (-1.7% YoY)
• Store expenses: $72.22M (+0.7% YoY)
• Administrative expenses: $9.5M (-13.2% YoY)
• Pre-opening expenses: $1.29M (+5266.7% YoY)
• Other expense: $663K (-4.5% YoY)
• Income tax expense: $3.26M (-0.9% YoY)