Exhibit 99.1
The Vitamin Shoppe Announces Comparable Store Net Sales and Total
Net Sales for the Third Quarter and Nine Months Ended September 29, 2007
October 10, 2007
NORTH BERGEN, N.J.— October 10, 2007—The Vitamin Shoppe announced that total net sales for the company increased $15.4 million, or 12.9%, to $135.1 million for the third quarter ended September 29, 2007 as compared with $119.7 million for the same period last year. Comparable store net sales for the third quarter ended September 29, 2007 increased 7.3%. The company also announced that it opened 11 stores during the third quarter.
Total net sales for the company increased $40.7 million, or 11.1%, to $406.1 million for the nine months ended September 29, 2007 as compared with $365.4 million for the same period last year. Comparable store net sales for the nine months ended September 29, 2007 increased 7.2%. The company also announced that it opened 27 stores during the nine months ended September 29, 2007, ending the third quarter with a base of 333 stores.
NET SALES BY SEGMENT
(Preliminary and Unaudited)
FOR THE QUARTER ENDED
SEPTEMBER 29, 2007 AND SEPTEMBER 30, 2006
($ in thousands)
| | | | | | | | | |
| | | September 29,
2007 | | September 30,
2006 | | % Change | |
Retail | | $ | 116,490 | | $ | 101,415 | | 14.9 | % |
Direct | | | 18,636 | | | 18,269 | | 2.0 | % |
| | | | | | | | | |
Total | | $ | 135,126 | | $ | 119,684 | | 12.9 | % |
| | | | | | | | | |
NET SALES BY SEGMENT
(Preliminary and Unaudited)
FOR THE NINE MONTHS ENDED
SEPTEMBER 29, 2007 AND SEPTEMBER 30, 2006
($ in thousands)
| | | | | | | | | |
| | | September 29,
2007 | | September 30,
2006 | | % Change | |
Retail | | $ | 348,903 | | $ | 305,410 | | 14.2 | % |
Direct | | | 57,189 | | | 59,988 | | (4.7 | )% |
| | | | | | | | | |
Total | | $ | 406,092 | | $ | 365,398 | | 11.1 | % |
| | | | | | | | | |
The above amounts represent preliminary unaudited net sales results for the three and nine months ended September 29, 2007.
The Vitamin Shoppe expects to report unaudited results for three and nine months ended September 29, 2007 in its Form 10-Q to be filed with the Securities and Exchange Commission in November 2007.
