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VITAMIN SHOPPE, INC.
2101 91st Street
North Bergen, NJ07047
Vitamin Shoppe, Inc. Announces Fourth Quarter and Full Year 2012 Results
4Q12 Comparable store sales grew 5.2%, includes an estimated 1.6% negative impact from Superstorm Sandy
E-commerce revenues increased 13.4% on a comparable basis, 6th consecutive quarter of double-digit growth
Fully diluted EPS of $0.32, includes impact from Superstorm Sandy and acquisition and start-up costs
Opened 13 new stores in the U.S.
Opened first 2 stores in Canada
NORTH BERGEN, N.J., February 26, 2013 Vitamin Shoppe, Inc. (NYSE: VSI), a leading specialty retailer and direct marketer of nutritional products, today announced preliminary results for its fiscal fourth quarter ended December 29, 2012. Fiscal fourth quarter 2012 was a 13-week quarter while fiscal fourth quarter 2011 was 14 weeks. On a reported basis, net income per diluted share for fiscal fourth quarter 2012 was $0.32. This includes an estimated negative $0.08 per share impact resulting from Superstorm Sandy, the Super Supplements acquisition and Canadian start-up costs. (See Table 3.)
Tony Truesdale, Chief Executive Officer of the Company commented, I am very pleased that we delivered another quarter and year of strong growth despite the challenges of Superstorm Sandy that we faced in the fourth quarter. Our brand and commitment to customer service, whether it is in the stores or on our website, is resonating with consumers. I am pleased that we have delivered positive comparable store sales for 29 consecutive quarters and 19 consecutive years. This performance is a testament to all the hard work and dedication that everyone at the Vitamin Shoppe puts forth every day and I would like to thank every one of them for making these achievements possible.
The following information was filed by Vitamin Shoppe, Inc. (VSI) on Tuesday, February 26, 2013 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-K Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.
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