Note 1 - Organization

12 Months Ended

Sep. 30, 2019

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

® with

153

stores as of

September 30, 2019,

including

39

stores in Colorado,

25

in Texas,

13

in Oregon,

12

in Arizona,

eight

each in Kansas and Utah,

six

each in Iowa and Oklahoma,

five

each in Missouri and New Mexico,

four

each in Idaho and Montana,

three

each in Arkansas, Nebraska, Nevada, North Dakota and Washington,

two

in Wyoming, and

one

in Minnesota. The Company also has a bulk food repackaging facility and distribution center in Colorado. The Company had

148

and

140

stores as of

September 30, 2018

and

2017,

respectively.