Exhibit 99.1

300 Harmon Meadow Blvd
Secaucus, NJ 07094
(201) 868-5959
Vitamin Shoppe, Inc. Announces First Quarter 2018 Results

Announces Sale of Nutri-Force

First Quarter 2018 Highlights:
- Total Comparable Sales (3.6%)
- Digital commerce increases 20.7%
- Repurchases $45 million face value of convertible debt at a discount
- GAAP loss per share of $0.17, impacted by loss from discontinued operations, partially offset by gain on debt extinguishment. Adjusted earnings per share (EPS) from continuing operations of $0.10.

SECAUCUS, N.J., May 9, 2018 -- Vitamin Shoppe, Inc. (NYSE: VSI), an omni-channel, specialty retailer of nutritional products, today announced preliminary results for the three months ended March 31, 2018. Total net sales in the first quarter were $296.0 million compared to $305.8 million in the same period of the prior year.
Reported basic and fully diluted loss per share in first quarter 2018 was $0.17, compared to fully diluted earnings per share of $0.35 in first quarter 2017. Reported basic and fully diluted net income per share from continuing operations in first quarter 2018 was $0.41, compared to $0.43 in first quarter 2017. Results in first quarter 2018 include a $12.5 million pre-tax gain on the extinguishment of debt as well as net pre-tax expenses of approximately $2.2 million associated with the closure of the New Jersey distribution center. First quarter 2017 results did not include any adjustments.
Adjusting 2018 results for items discussed above, adjusted EPS from continuing operations for first quarter 2018 was $0.10. (Refer to Table 4 at the end of this press release.)
Colin Watts, Chief Executive Officer of the Vitamin Shoppe stated, “I am pleased with the consistent and steady improvement in the business as the initiatives we have executed are beginning to take hold. We saw an improvement in underlying sales trends, an increase in both new customer acquisition and traffic while also realizing ongoing product margin improvement.”
Commenting on the Company’s financial performance, Brenda Galgano, Chief Financial Officer said, “The Company delivered solid cash flow generation in the quarter, partially benefitting from a reduction in capital expenditures as we have slowed new store openings. The cash flow generated in the quarter, coupled with our expectations for the remainder of the year, gave us the confidence to opportunistically purchase $45 million face value of our convertible debt due December 2020 at a discount to par value. Total purchase price of $34 million was funded with excess cash and a draw down on our revolving line of credit. We ended the first quarter with approximately $35 million drawn on the revolver, which we subsequently reduced to

The following information was filed by Vitamin Shoppe, Inc. (VSI) on Wednesday, May 9, 2018 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-Q Quarterly Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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