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Stock Market & Financial Investment News

News Breaks
June 9, 2014
05:38 EDTVSIVitamin Shoppe acquires FDC Vitamins for $85M
Vitamin Shoppe announced that it has purchased FDC Vitamins, doing business as Nutri-Force Nutrition, a contract manufacturer of vitamins, minerals and supplements from MBF Healthcare Partners, and other minority holders. Nutri-Force is a current manufacturer for the company as well as for other domestic and international customers and distributors. The transaction was structured as a purchase of FDC Vitamins, equity by a wholly-owned subsidiary of the Vitamin Shoppe. The purchase price is approximately $85M which includes a $5M earn out based on 2014 financial performance. The purchase price will be paid with available cash. The acquisition of Nutri-Force is expected to be neutral to slightly accretive to 2014 EPS, excluding transaction and integration costs.
News For VSI From The Last 14 Days
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March 3, 2015
16:12 EDTVSIVitamin Shoppe appoints Colin Watts as CEO
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February 25, 2015
10:01 EDTVSIOn The Fly: Analyst Downgrade Summary
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05:38 EDTVSIVitamin Shoppe downgraded to Equal Weight from Overweight at Barclays
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February 24, 2015
06:36 EDTVSIVitamin Shoppe sees FY15 EPS $2.36-$2.46, consensus $2.52
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06:36 EDTVSIVitamin Shoppe reports Q4 total comparable sales up 2.1%.
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06:35 EDTVSIVitamin Shoppe reports Q4 adjusted EPS 41c, consensus 41c
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