GNC Holdings (GNC) Tops Q2 EPS by 5c

GNC Holdings (NYSE: GNC) reported Q2 EPS of $0.20, $0.05 better than the analyst estimate of $0.15. Revenue for the quarter came in at $617.9 million versus the consensus estimate of $607.7 million.

Key Updates

• Growth in our international segment driven by China and our franchise business.
• Harbin Pharmaceutical Group transaction expected to close in 2018.
• Strong performance from category-defining Slimvance weight-management product line and re-launch of Beyond Raw and Amp brands, with additional innovation and new proprietary products expected in the latter half of the year.
• GNC brand mix for domestic system-wide sales increased to 50% compared with 43% in the second quarter of 2017.
• Increase in loyalty membership of 14.3% in the current quarter compared to March 31, 2018; now 14.6 million members, including over 1.0 million members enrolled in PRO Access, an 8.8% increase from March 31, 2018.

For earnings history and earnings-related data on GNC Holdings (GNC) click here.

You May Also Be Interested In

• Ondas Holdings Inc. (ONDS) Misses Q2 EPS by 9c
• Aebi Schmidt Holding AG (AEBI) Reports Q2 results; offers guidance
• SuperCom (SPCB) Tops Q3 EPS by 43c