Natural Grocers +11% in recovery bid

|About: Natural Grocers (NGVC)|By:, SA News Editor

Natural Grocers by Vitamin Cottage (NYSE:NGVC) is up 11% as shares mount a nice recovery from Friday's post-earnings sell-off.

The grocer set off some alarms bells when its FQ1 margin rate to 26.3% vs. 28.4% a year ago and 27.6% consensus estimate on a higher level of promotional activity.

Previously: Natural Grocers misses by $0.03, beats on revenue (Feb. 1)

Subscribe for full text news in your inbox