Vitamin Shoppe profit flat in Q1; 60 stores on tap
North Bergen, N.J. -- Vitamin Shoppe reported flat net income for the first quarter, at $20.5 million. Sales during the period grew 10.3% to $307.8 million, boosted by e-commerce strength, and same-store sales increased 3.6%.
“We are continuing to make investments in our omni-channel initiative to further enhance our customers overall experience," said Tony Truesdale, CEO.
The company opened nine stores in the quarter, including one in Canada. It said it plans to open 60 new stores in 2014.