Vitamin Shoppe Profit Surges
Vitamin Shoppe reported Tuesday that net income for the quarter ended March 31 rose to $18.3 million, from $11.6 million in the same period last year. Sales rose 14.4% to $248.1 million, boosted by a strong 9.6% rise in same-store sales. E-commerce sales rose 15.5% in the quarter. The vitamin retailer said it plans to open 52 new stores in fiscal 2012.