Vitamin Shoppe (VSI) Misses Q2 EPS by 4c; Guides FY16 EPS Below Views
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Vitamin Shoppe, Inc. Announces Second Quarter 2016 Results
August 3, 2016 6:05 AM EDTSECAUCUS, N.J., Aug. 3, 2016 /PRNewswire/ -- Vitamin Shoppe, Inc. (NYSE: VSI), a multi-channel, specialty retailer and manufacturer of nutritional products, today announced preliminary results for the three months ended June 25, 2016. Total net sales in the second quarter were $332.7 million, 3.2% higher than the same period of the prior year. Reported fully-diluted earnings per share in second quarter 2016 were $0.44, compared with $0.48 in second quarter 2015. Results in second quarter 2016 include approximately $3.4 million (pre-tax), or $0.12 per diluted share, of costs related to certain strategic initiatives. Excluding these items in both periods, adjusted EPS was $0.55 and $0.57, in second... More
