Inactive Instrument

Vitamin Shoppe, Inc.

VSI

Vitamin Shoppe (VSI) Alert: Shareholder Rights Law Firm J&W Investigates Vitamin Shoppe, Inc.; Encourages Investors to Contact the Firm

August 17, 2017 at 12:23 pm EDT

SAN DIEGO, Aug. 17, 2017 /PRNewswire/ -- Shareholder Rights Law Firm Johnson & Weaver, LLP (J&W) is investigating potential violations of the federal securities laws by Vitamin Shoppe, Inc. (NASDAQ: VSI) ("Vitamin Shoppe") and certain of its officers. Vitamin Shoppe operates as a multi-channel specialty retailer and contract manufacturer of nutritional products in the United States and internationally

On May 10, 2017, Vitamin Shoppe reported a 45% reduction in FY17 EPS guidance. Then on August 9, 2017, Vitamin Shoppe announced it was taking a $168 million goodwill impairment charge and would report a GAAP loss of $6.73 per share in the second quarter of 2017.

Just several months earlier, on March 1, 2017, Vitamin Shoppe stated that it was on track to deliver "fully diluted earnings per share in the range of $1.95 - $2.20" for FY17. On March 1, 2017, Vitamin Shoppe stock closed at $21.35. The Company's stock price has since fallen dramatically, closing at just $6.05 on August 16, 2017.

Johnson & Weaver has opened an investigation to determine whether investors were misled regarding certain statements the Company made about its business outlook, financial health, and growth prospects.

If you have information that could assist in this investigation, including past employees and others, or if you are Vitamin Shoppe shareholder and are interested in learning more about the investigation or your legal rights and remedies, please contact Jim Baker (jimb@johnsonandweaver.com) by email or phone at 619-814-4471. If emailing, please include a phone number.

Johnson & Weaver, LLP is a nationally recognized shareholder rights law firm with offices in California, New York and Georgia. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits. For more information about the firm and its attorneys, please visit http://www.johnsonandweaver.com. Attorney advertising. Past results do not guarantee future outcomes.

Contact:

Johnson & Weaver, LLP
Jim Baker, 619-814-4471
jimb@johnsonandweaver.com

View original content:http://www.prnewswire.com/news-releases/vitamin-shoppe-vsi-alert-shareholder-rights-law-firm-jw-investigates-vitamin-shoppe-inc-encourages-investors-to-contact-the-firm-300506105.html

SOURCE Johnson & Weaver, LLP

Latest news about Vitamin Shoppe, Inc.

ChromaDex Corp. Announces Nationwide Launch of Tru Niagen® At the Vitamin Shoppe®	Apr. 25	CI
Imaraïs Beauty and The Vitamin Shoppe Launch New Wellness Gummies Exclusively at The Vitamin Shoppe® as Part of the Retailer's Innovative "Beauty from Within" Supplement Concept	Mar. 29	CI
Cymbiotika Expands Retail Presence with the Vitamin Shoppe Partnership	Jan. 23	CI
G.O.A.T. Fuel Announces Exclusive Flavors with The Vitamin Shoppe	Nov. 02	CI
Gorilla Mind Announces Significant Expansion with Sports Nutrition Products Launching Nationwide at The Vitamin Shoppe	23-10-06	CI
Josh Burris Joins Vitamin Shoppe, LLC's Board	23-08-02	CI
The Vitamin Shoppe® Launches Trueyou™ Beauty with Advanced Bodycare Formulas Expertly Crafted to Nourish Skin, Empowering Every Woman's Brilliant Self to Shine Through	23-02-21	CI
The Vitamin Shoppe Opens First New Franchise Location in Valparaiso, Indiana as Part of Key Retail Expansion Strategy That Has Signed 58 Franchise Territories to Date	23-02-06	CI
TRC Healthcare and The Vitamin Shoppe® Partner to Help Consumers Choose Dietary Supplements Based on Scientific Evidence	22-08-09	CI
AP Regimen Announces National Retail Partnership with the Vitamin Shoppe with Their Primebites Protein Brownies	22-02-10	CI
The Vitamin Shoppe Launches TrueYou™	22-02-07	CI
The Vitamin Shoppe's First-Ever Franchise Store Opens for Business in Greensboro, NC	22-01-31	CI
The Vitamin Shoppe Partners with Klarna to Make Health and Wellness Products More Accessible as US Consumer Demand in the Category Soars	21-10-14	CI
Hims & Hers Partners with The Vitamin Shoppe to Expand Availability of Personal Care Offerings	21-10-11	CI
The Vitamin Shoppe® Launches in South Korea with E-Commerce Site and Online Marketplaces	21-08-02	CI
The Vitamin Shoppe Signs its First-Ever Franchise Agreement for New Stores in the Texas Communities of East Austin, New Braunfels, and Harlingen	21-07-26	CI
Tone It Up, the For-Women By-Women Nutrition Line, Fitness App, and Community, Arrives At the Vitamin Shoppe Nationwide	21-06-15	CI
The Vitamin Shoppe® Partners with Kim Lien Group for Retail and Wholesale Distribution in Vietnam	21-01-25	CI
The Vitamin Shoppe and WW International Announce Strategic Partnership to Support Healthy Living	21-01-05	CI
Vitamin Shoppe, Inc. Provides Earnings Guidance for the Fiscal 2020	20-11-04	CI
The Vitamin Shoppe® Partners with Alani Nu® for National Launch in Over 720 Stores and Online, Including Exclusive Protein and Pre-Workout Flavors	20-11-02	CI
The Vitamin Shoppe® Appoints Laura Coffey as Chief Financial Officer	20-08-20	CI
The Vitamin Shoppe® Appoints Laura Coffey as EVP	20-08-20	CI
The Vitamin Shoppe Launches CBD HQ as the Destination for CBD Wellness Solutions	20-08-17	CI
The Vitamin Shoppe Appoints Muriel F. Gonzalez as Executive Vice President, Chief Merchandising and Marketing Officer	20-08-10	CI

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Company Profile

Vitamin Shoppe, Inc. (VSI) is a multi-channel specialty retailer and contract manufacturer of vitamins, minerals, herbs, specialty supplements, sports nutrition, and other health and wellness products. The Company operates through three segments: retail, direct and manufacturing. The retail segment includes Vitamin Shoppe, Super Supplements and Vitapath retail store formats. The direct segment sells its products directly to consumers through the Internet, primarily at www.vitaminshoppe.com. The manufacturing segment provides custom manufacturing and private labeling of vitamin, mineral and supplement products, and develops and markets its own branded products for both sales to third parties and for the VSI product assortment. As of December 31, 2016, it marketed approximately 900 brands, as well as its own brands. As of December 31, 2016, it operated 775 stores located in 45 states, the District of Columbia and Puerto Rico, primarily located in retail centers and standalone locations.

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