|Bid||2.2100 x 39400|
|Ask||2.2200 x 1400|
|Day's Range||2.0700 - 2.2750|
|52 Week Range||2.0100 - 4.6500|
|Beta (3Y Monthly)||1.54|
|PE Ratio (TTM)||2.71|
|Earnings Date||Apr 25, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||6.00|
GNC Holdings Inc. stock skyrocketed 10.3% in Thursday premarket trading after the nutritional supplement seller reported first-quarter sales that fell, but beat expectations. GNC had a loss of $15.3 million, or 23 cents per share, after income of $6.2 million, or 7 cents per share, in 2018. Adjusted EPS was 15 cents. Revenue of $564.8 million was down from $607.5 million. The company blamed the sales decline on the transfers of Nutra manufacturing and China e-commerce business to newly-formed joint ventures, as well as the shuttering of company-owned stores. The FactSet consensus was for EPS of 18 cents and sales of $552.0 million. "During the past six months we have completed a number of important partnerships, including the strategic investment by Harbin and the joint ventures with Harbin and IVC, which further enable our team to focus on our core business. In addition, during that period, we have improved our balance sheet by retiring over $350 million in debt," said GNC Chief Executive Ken Martindale in a statement. GNC stock has taken a 14% tumble in 2019 while the S&P 500 index has rallied 16.8%.
The Pittsburgh-based company said it had a loss of 23 cents per share. Earnings, adjusted for one-time gains and costs, came to 15 cents per share. The nutritional supplement retailer posted revenue of ...
Domestic same store sales decreased 1.6%; International segment revenue, excluding China, increased 13% Net loss of $15.3 million for the first quarter of 2019 including.
GNC Holdings Inc., a leading global health and wellness brand, announced that the company is now offering topical cream products containing cannabidiol (CBD), in select retail locations and online in 23 states and the District of Columbia. The available Physician’s Grade products include the company’s face creams, luxe body lotion, scalp treatment and revitalizing shampoo. Myaderm’s offerings include their four popular topical creams, which are the CBD Body Cream, available in two sizes, the Double Strength CBD Body Cream and the CBD Sport Cream.
PITTSBURGH, April 11, 2019 -- GNC Holdings, Inc. (NYSE: GNC), a leading global health and wellness brand, will release results for the first quarter of 2019 before the market.
TSX: BCB) has appointed William "Jamie" Jamieson as its global chief information officer. The appointment is effective immediately and Jamieson will report directly to Cott CEO Tom Harrington. In his role, Jamieson will lead the corporation’s global information technology function and play a key role in shaping the technology agenda across the Cott family of businesses.
A California firm is firing back at vitamin retailer General Nutrition Corporation (GNC), denying wrongdoing when it comes to a pair of stores in North Carolina – including one in Raleigh.
GNC Holdings’ general counsel for employment and franchising has joined the Pittsburgh office of Cozen O’Connor PC. Gary Kelly had worked at GNC (NYSE:GNC) since 2000, responsible for developing and implementing the health and fitness retailer’s legal policies and overseeing all litigation. The firm also hired Laura Reinhart, a Burns White member known for defending transportation companies in Federal Employment Liability Act-related litigation.
GNC Holdings Inc (NYSE:GNC) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018.
GNC Holdings Inc. shares slide about 14% Tuesday, after the vitamin and dietary supplement retailer posts weaker-than-expected earnings for the fourth quarter, offsetting news of a partnership that will garner it about $176 million.
Penguins' exec says new plan for former arena site featuring increases in office and retail space is "tenant driven" with new office tower estimated to range between 30 and 50 stories.
Please replace the release dated February 19, 2019 with the following corrected version due to multiple revisions.
With Alani Nutrition being a women-focused supplement brand, it is believed that the partnership might help GNC Holdings (GNC) widen its customer base.
PITTSBURGH , March 6, 2019 /PRNewswire/ -- GNC Holdings, Inc. (NYSE: GNC), a leading global health and wellness brand, announced an exclusive retail and Amazon partnership with Alani Nutrition, a premium ...
IRVINE, Calif., March 5, 2019 /PRNewswire/ -- International Vitamin Corporation (IVC), a world leading nutritional supplement manufacturer announced today that it has formed a joint venture with GNC Holdings, Inc. (GNC), a leading global health and wellness brand, to integrate GNC's Nutra manufacturing division into IVC's operations. Nutra will be known as Nutra Manufacturing, LLC. Under the joint venture agreement, IVC will assume control of manufacturing and integrate into GNC's supply chain, while GNC teams will continue to support product development and innovation. Under the terms of the agreement, GNC will receive $101 million from IVC in exchange for an initial majority ownership in the joint venture. Over the next four years, GNC will receive an additional $75 million from IVC as IVC's ownership of the joint venture increases to 100% and Nutra Manufacturing, LLC becomes wholly owned by IVC.
fell Tuesday after the company posted weaker-than-expected earnings that offset the announcement of a new partnership with International Vitamin Corp. One of the milestones included the concurrent announcement of its joint venture with Irvine, Calif.-based International Vitamin, which will net GNC approximately $176 million over the next four years. As part of the deal, GNC said it will receive an aggregate $101 million in exchange for the net assets of International Vitamin's Nutra manufacturing plant and Anderson facility, and will retain an initial 43% in the venture.
GNC Holdings Inc. shares soared more than 3% in premarket trade before reversing those gains to trade down 3% Tuesday, after weaker-than-expected earnings offset news of a new venutre. The Pittsburgh, Pa.-based vitamin retail chain said it will receive about $176 million in a partnership with International Vitamin Corp. As part of the deal, GNC has agreed to integrate its manufacturing division with IVC through a joint venture. GNC will receive an aggregate $101 million in exchange for the net assets of the Nutra manufacturing plant and the Anderson facility and will retain an initial 43% in the venture. The company will receive an additional $75 million in the next four years based on the venture's performance as IVC's ownership stake rises to 100%. Separately, GNC said it had net income of $58.8 million, or 62 cents a share, in the fourth quarter, after a loss of $212.7 million, or $3.03 a share, in the year-earlier period, when it booked impairment charges. The company said it had an adjusted loss of 13 cents a share, compared with a FactSet consensus of EPS of 3 cents. Revenue fell to $547.9 million from $562.8 million, missing the FactSet consensus of $550.0 million. In February, the company completed the last tranche of the roughly $300 million investment by Harbin and used the proceeds to pay down debt and boost its capital position. "While fourth quarter operating results were below our expectations, we recently achieved some major milestones in repositioning the company," Chief Executive Ken Martindale said in a statement. Shares have fallen 24.4% in the last 12 months, while the S&P 500 has gained 2.6%.