Vitamin Shoppe higher post Q4 results [Seeking Alpha]
VITAMIN SHOPPE (VSI)
Last vitamin shoppe earnings: 11/6 06:00 am
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US:NYSE Investor Relations:
investors.vitaminshoppe.com
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Source: Seeking Alpha
Vitamin Shoppe higher post Q4 resultsVitamin Shoppe (NYSE:VSI) reports total comparable sales declined 4.6% inQ4.Retail store comparable sales fell 7%.VS.com comparable sales down 14.3%.Segment sales: Retail: $261.9M (-10.7%); Manufacturing: $15.72M (-28.5%).Gross margin rate squeezed 180 bps to 31.1% primarily due to deleverage in occupancy and supply chain from lower sales as well as additional investments in pricing and promotions.SG&A expense rate grew 510 bps to 32.4%.Store count +10 Y/Y to 785.FY2018 Guidance: Total comp sales: low to mid negative single digits, improving sequentially; Gross margin rate: Flat Y/Y; SG&A expense rate: +2% to +2.5%; Tax rate: 28%; Capex: ~$30M.VSI+10.47% premarket.See all stocks on the move »Now read:Why Do Shah Capital And Vintage Capital Own 25% Of Vitamin Shoppe? »
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