Vitamin Shoppe Earnings: Here’s Why the Stock is Up Now
Vitamin Shoppe, Inc. (NYSE:VSI) delivered a profit and beat Wall Street’s expectations, BUT came up short on beating the revenue expectation. The revenue miss is a negative sign to shareholders seeking high growth out of the company. Shares are up 1.4%.
Vitamin Shoppe, Inc. Earnings Cheat Sheet
Results: Adjusted Earnings Per Share increased 18.03% to $0.72 in the quarter versus EPS of $0.61 in the year-earlier quarter.
Revenue: Rose 12.52% to $279.1 million from the year-earlier quarter.
Actual vs. Wall St. Expectations: Vitamin Shoppe, Inc. reported adjusted EPS income of $0.72 per share. By that measure, the company beat the mean analyst estimate of $0.69. It missed the average revenue estimate of $282.71 million.
Quoting Management: Tony Truesdale, Chief Executive Officer of the Company commented, “For 30 consecutive quarters we have consistently delivered positive comparable store sales growth. In the quarter we opened 13 new stores and added 31 Super Supplements stores. We are making strategic investments in 2013 to position the Vitamin Shoppe for continued growth.”
Key Stats (on next page)…