Vitamin Shoppe, Inc. (VSI - Free Report) is scheduled to release first-quarter 2019 results on May 8 before market open. Per the company’s surprise record, its earnings surpassed the Zacks Consensus Estimate in three of the trailing four quarters.
Let’s see how things are shaping up prior to the upcoming quarterly announcement.
Vitamin Shoppe, Inc Price and EPS Surprise
Factors at Play
This renowned specialty retailer of nutritional products has been enduring dismal comparable sales (comps) for a while now due to soft store comps. Consequently, the company closed six underperforming stores in the fourth quarter and is on track to shut down more. We note that charges incurred related to store closures might weigh on the company’s bottom line in the to-be reported quarter.
Nonetheless, the company’s efforts to enhance its in-store and online experience by integrating new technologies are likely to aid sales. Also, its buy online and pickup in store facility should act as a driver. In fact, many other retailers like Walmart WMT, Big Lots (BIG - Free Report) and Target (TGT - Free Report) are benefiting from such omnichannel efforts.
Coming back to Vitamin Shoppe, let’s see what awaits this Zacks Rank #3 (Hold) company this earnings season. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
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