Vitamin Shoppe Inc. (NYSE: VSI) reported Wednesday that the vitamin retailer earned a fourth-quarter profit, reversing a year-ago loss, according to Associated Press.
The company earned $970,000, or 4 cents per share, for the three months ended Dec. 26, compared with a loss of $1.9 million, or 14 cents per share.
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Excluding charges related to its initial public offering and other adjustments, the company said it earned 12 cents a share.
Analysts polled by Thomson Reuters, on average, predicted a profit of 8 cents per share on revenue of $158 million. Analysts typically exclude one-time items.
Revenue rose 14 percent to $162.4 million from $143.1 million last year. Analysts expected revenue of $158 million.
Sales in stores open at least one year rose 7 percent.
For the year, profit totaled nearly $5 million, or 28 cents per share, compared with a loss of $1.1 million, or 8 cents per share. Revenue rose 12 percent to $674.5 million from $601.5 million.
The company, which operates 400 stores under the name The Vitamin Shoppe, plans to open 42 new stores in 2010.
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