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|VITAMIN SHOPPE, INC.|
2101 91st Street
North Bergen, NJ 07047
Vitamin Shoppe, Inc. Announces Fourth Quarter 2014 Results
Fourth Quarter 2014 Highlights:
|||Total revenue increased 13.1%|
|||Total comparable sales grew 2.1%|
|||E-commerce revenues increased 5.6%|
|||Fully diluted GAAP Earnings per Share of $0.38, or $0.41 per share excluding acquisition related costs|
NORTH BERGEN, N.J., February 24, 2015 Vitamin Shoppe, Inc. (NYSE: VSI), a multi-channel specialty retailer and manufacturer of nutritional products, today announced preliminary results for the three months ended December 27, 2014. Total net sales in the fourth quarter increased 13.1% to $290.1 million compared to $256.4 million in the same period of the prior year. Reported fully-diluted earnings per share in fourth quarter 2014 were $0.38, compared with $0.37 in fourth quarter 2013. Excluding acquisition and integration related costs of $0.03 and $0.01 per share, adjusted earnings per share were $0.41 in fourth quarter 2014 and $0.38 in fourth quarter 2013.
Commenting on the quarters results, Tony Truesdale, Chief Executive Officer of the Company stated, Throughout the year, the vitamin, mineral and supplements industry faced many headwinds. Although our comparable sales were not as robust as we had become accustomed to, our broad product selection and attractive value proposition enabled us to deliver our 37th consecutive quarter and 21st consecutive year of positive comparable sales.
The following information was filed by Vitamin Shoppe, Inc. (VSI) on Tuesday, February 24, 2015 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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