Vitamin Shoppe, Inc. (NYSE:VSI) delivered a profit and met Wall Street’s expectations, AND 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 down 2.44%.
Vitamin Shoppe, Inc. Earnings Cheat Sheet
Results: Adjusted Earnings Per Share increased 9.09% to $0.60 in the quarter versus EPS of $0.55 in the year-earlier quarter.
Revenue: Rose 14.09% to $279.5 million from the year-earlier quarter.
Actual vs. Wall St. Expectations: Vitamin Shoppe, Inc. reported adjusted EPS income of $0.60 per share. By that measure, the company met the mean analyst estimate of $0.60. It missed the average revenue estimate of $283.69 million.
Quoting Management: Tony Truesdale, Chief Executive Officer of the Company commented, “On a comparable store sales basis, the first two quarters were more challenging and volatile than they had historically been as we lapped last year’s strong performance in sports nutrition, accelerated weight management sales and above-average retail inflation. Nevertheless, we delivered positive comparable store sales in the quarter which represented the 31st consecutive quarter of positive comparable store sales.”
Key Stats (on next page)…