Vapor Corp. reported sales results for the third quarter and nine months ended September 30, 2014. For the quarter, the company reported sales of $2,673,926 which represent decreases of 58.3% compared to the prior year periods. The decrease in sales is primarily attributable to decreased sales of the Company's television direct marketing campaign for the Company's Alternacig® and VaporX® branded campaigns, decreases in sales from on-line stores, distributor inventory build leveling off in 2014 and continued pipeline load in the e-cigarette category in 2013, and the increasing prevalence of vaporizers, tanks and open system vapor products that are marginalizing the e-cigarette category. Sales were also negatively impacted by new national competitors' launches of their own branded products during 2014.

For the nine months, the company reported net sales of $13,547,792 which represent decreases of 28.5% compared to the prior year periods.

The company expects to report net losses of $4.8 million and $7.3 million for the three and nine months ended September 30, 2014, respectively, compared to net income of $0.3 million and $0.3 million.