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
British lender Lloyds Banking Group Plc. Friday reported higher profit in its first half, benefited by increased net interest income and margin as well as lower impairment. Looking ahead, the company lifted its net interest margin forecast. Amgen reported an increase in second-quarter profit, driven by sales of arthritis drug Enbrel and osteoporosis treatments Xgeva and Prolia, and improved margins. Both earnings and sales topped Wall Street estimates. Electronic Arts Inc. (EA) on Thursday reported an increase in profit for the first quarter, reflecting continued strong digital revenues, with both earnings and revenues topping Wall Street estimates. However, shares of the company fell over 4 percent, after having detailed a weak outlook. Redwood...
comments powered by Disqus
RELATED NEWS
Trade VSI now with 
Follow RTT