Vitamin Shoppe up 13% on Strong Q1 Earnings

Vitamin Shoppe

is trading higher on the session following its Q1 earnings announcement this morning. The company reported an EPS of $0.61 vs $0.57 estimates and revenues of $248.1 million vs $239.7 million estimates. Tony Truesdale, CEO of the Company stated: "I am very pleased with our first quarter financial performance which exceeded our expectations on both top line sales and bottom line profitability. Demand for our products remains healthy both in our stores and online." Added, Mr. Truesdale, "Our strong financial results reflect the successful execution of our strategies and our disciplined approach to growing our business. In delivering another quarter of solid performance we have again demonstrated the consistency of our business model." Vitamin Shoppe is currently trading at $50.67, a gain of $5.91 or 13.20%.