GNC Holdings (GNC) Prelim. Q4 Comps Rose 0.8%; Sees FY15 EPS at High-End of Range

GNC Holdings, Inc. (NYSE: GNC) announced domestic same store sales results for fourth quarter increased 0.8% reflecting improved performance at company-owned stores. In addition, the Company anticipates full year 2015 adjusted earnings per share will be at the high end of the guidance range provided on November 3, 2015 of approximately $2.87 to $2.92.

*** The Street sees FY15 EPS of $2.89.

Mike Archbold, Chief Executive Officer of GNC said, "We are pleased with our finish to 2015 which is a reflection of the continued progress we are making in executing GNC's strategic evolution. Results for the quarter were driven by positive same store sales and higher domestic retail product margin rate as compared to the prior year. We remain focused on driving improved top and bottom line results, providing quality products for our customers and delivering enhanced shareholder value."

For more than 80 years, GNC has taken a lead role in driving industry standards, including:

• Expanding testing processes deeper into its supply chain by integrating source material traceability standards including DNA barcoding where appropriate;
• Utilizing only the highest quality ingredients;
• Employing manufacturing practices that exceed the highest U.S. and international standards; and
• Adhering to processes which include over 150 quality checks.

To underscore its commitment to transparency and maintaining consumer confidence, GNC is also leading an industry-wide coalition to set even stronger and clearer standards in the areas of sourcing and manufacturing.

"GNC customers have made our products an integral part of leading a healthy life, and as a leader we are steadfastly committed to maintaining their trust and confidence," said Archbold, "A robust testing regime, careful sourcing regimen, detailed manufacturing specifications and strict adherence to Federal and state laws are the foundation upon which GNC has been built and remain the cornerstone of our continued success."

Archbold continued, "As an industry, we can embrace scrutiny and use it to drive positive change. We understand that further strengthening standards is good for consumers, good for the industry, and good for GNC."

GNC will release final results for the fourth quarter and full year 2015 before the market opens on February 11, 2016. A one hour webcast and conference call to discuss the results will be held at 8:30 am Eastern Time that day.

A live webcast of the call will be available on www.gnc.com via the Investor Relations section under "About GNC." A replay of the webcast will be available through March 10, 2016. You may also listen to the live call by dialing 1-877-941-1227 inside the U.S. and 480-629-9656 outside the U.S.; the conference identification number for all callers is 4722411.

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