Example Of Works Cited Research Paper

Vitamin Shoppe is established to help people achieve their health goals. The company has been constantly expanding since its establishment in 1977. Based in the United States, it has expanded to Canada and Panama recently. There are more than 700 stores maintained and run by the company as a part of its retail sales. The company employs health and fitness enthusiasts to work with them so as to ensure that high quality services are provided to all the customers. It also offers discounts and promotions on various products. The company holds a product education conference which helps customers get an insight into the trends of the industry as well as provides a great deal of information to the store managers.
The company is based in New Jersey and it maintains one of the most comprehensive product range in stores as well as online. Many of the products are not readily available at other drug stores. The company has three business segments- retail, direct and manufacturing. It manufactures products, sells them directly through the online sales channel and sells in retail through the various store opened by them. The company is the second largest in retail sales which shows its revenue to have crossed $1 billion, it also has a record of the highest sales as compared to drug stores in the past 20 years. The health enthusiasts employed by the company are chosen after a stringent recruitment process and they are one of the most knowledgeable people in the industry. The company also provides training to the associates.
Annual reports of 2012 and 2013 have been compared here. First of all, net sales of both the years is compared which shows that there has been an increase in the revenue by $136,567. Similarly, net income has increased from $60825 in 2012 to $66546 in 2013. The gross profit has increased by $44664. Sales and administrative expenses have increased in proportion to the increase in sales. No other expense has seen a significant rise. The amount has been decently maintained throughout the year. Net income per share has increased from 2.06 to 2.22 which shows that the basic EPS has increased for the shareholders. The company is doing good business over the years and its income has been consistently increasing. No drastic change in the expense or any extra ordinary items has been noticed.
Though the sales have increased and so has the income but the gross profit as a percentage of sales has fallen slightly. In 2012, it was 35% which has not fallen to 34.7% in 2013. 52 stores were opened by the company in 2013 which shows the sound business practices of the company. The company has maintained a provision for taxation which is in line with the previous year. Other than the sales and administrative expenses, the company does not bifurcate any other expenses. The income from operations has increased by $10920 in 2013 as compared to 2012. Overall, the company has had a good year, it has opened new stores, made a positive net income and maintained a regular level of expenses. The net income for the year has only increased from previous years. The sales of the company are consistently growing and the company is generating profits. This shows that the company is on the right path and is growing at a regular growth rate. The net income of the company is positive and the EPS shows an increase over the past year.

Annual Reports. 2013. <http://vitaminshoppe.investorroom.com/annual-reports>.
the Vitamin Shoppe. n.d. <http://www.vitaminshoppe.com/content/en/support/help/about_us.jsp>.