Vitamin Shoppe reports soaring profit in Q2

North Bergen, N.J. Vitamin Shoppe reported Thursday that its net income for the quarter ended June 26 surged 74% to $7.3 million, from $4.2 million a year ago.

Net income for the quarter benefited from lower interest expense versus the same period in 2009, and also includes a pretax loss on extinguishment of debt and fees related to the secondary offering, totaling $1.1 million.

Same-store sales grew 8.6% for the quarter, and net sales increased 12.3%, to $192.2 million from $171.1 million in the year-ago period.

The retailer operates 463 stores in the United States.

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