logo
Share SHARE
FONT-SIZE Plus   Neg

Vitamin Shoppe Q1 EPS Down, Sales Up - Quick Facts

Vitamin Shoppe Inc. (VSI), a multi-channel specialty retailer of nutritional products, posted essentially flat net income of $20.51 million for first quarter 2014, versus last year's $20.8 million. Reported earnings per share were $0.67, lower than $0.68 a year ago. On average, 15 analysts polled by Thomson Reuters expected earnings per share of $0.68 for the quarter. Analysts' estimates typically exclude one-time items.

However, net sales in the first quarter rose 10.3% to $307.8 million, from $279.1 million in the same period prior year. Analysts estimated revenues of $302.82 million for the quarter. Quarterly sales growth was driven by a 2.3% rise in comparable retail store sales, growth from non-comp stores, including Super Supplements, and a 17.0% growth in e-commerce sales. Super Supplements contributed nearly 2 percentage points to e-commerce growth, the firm added.

Chief Executive of the company stated, "Total comparable sales of 3.6% were positive for the 34th consecutive quarter which highlights the consistency in our industry and our business model. Our e-commerce sales reported another quarter of double-digit growth."

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
French car maker Renault SA reported Friday higher profit in its fiscal 2015, with strong growth in automotive profit and revenues. The company announced higher dividend. Looking ahead, for fiscal 2016, Renault expects to increase group revenues at constant exchange rates and improve group operating margin. Shares of Rolls-Royce Holdings Plc were gaining around 13 percent in the morning trading in London after the engine maker reported more-than doubled profit in its fiscal year 2015, with lower one-time items. Underlying earnings were hurt by weakness in Marine markets. Further, the company halved its dividends, and still expects lower revenues next year. German steel giant ThyssenKrupp AG reported a loss in its first quarter, compared to last year's profit as sales and orders were hurt by sharp deterioration in materials businesses. The company said its overall performance in the first quarter was within its full-year forecast corridor. Looking ahead, the company continues to expect higher net income and flat sales for fiscal 2016.
comments powered by Disqus
Follow RTT