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
Yamaha Motor Co. is planning to recall multiple three-cylinder motorcycle models due to a safety issue with the lower handlebar, Asphalt & Rubber has reported. According to the report, the stud bolt threads might not have enough thread-locking agent applied to them due to the lower handlebar being improperly painted. Uber is closing its ride-hailing services in Denmark next month, citing upcoming changes in regulations that would make its app unworkable for consumers. The San Francisco-based company said in a blog post that it will close its services on April 18, 2017, as the new laws currently being proposed in Denmark will not allow drivers to use their privately owned cars for ride sharing. Breitbart News' request for permanent congressional press passes was denied on Monday, citing concerns about the website's links to the White House and the Republican mega-donor family the Mercers. The U.S. Senate Daily Press Gallery, comprised of a group of five reporters, denied the Capitol Hill press credentials saying members were not satisfied with the given information about its connections.
comments powered by Disqus
Follow RTT