Note 1 - Organization

3 Months Ended

Dec. 31, 2015

Notes to Financial Statements

Nature of Operations [Text Block]

1.

Organization

Nature of Business

Natural Grocers by Vitamin Cottage, Inc. (Natural Grocers or the holding company) and its consolidated subsidiaries (collectively, the Company) operate retail stores that specialize in natural and organic groceries and dietary supplements. The Company operates its retail stores under its trademark

Natural Grocers by Vitamin Cottage

®

. As of December 31, 2015, the Company operated 107

stores in 18 states, including 36

stores in Colorado, 14 in Texas, eight

each in Kansas and Oregon, seven in Oklahoma, six in Arizona, five

in New Mexico, four each

in Montana and Utah, three

each in Idaho and Nebraska, two

each in Missouri and Wyoming, and one

each in Arkansas, Minnesota, Nevada, North Dakota and Washington. The Company also has a bulk food repackaging facility and distribution center in Golden, Colorado. The Company had 103 stores in 18 states as of September 30, 2015.