GNC Holdings (GNC) Tops Q1 EPS by 1c; Domestic Comps Up 1.9%

GNC Holdings (NYSE: GNC) reported Q1 EPS of $0.73, $0.01 better than the analyst estimate of $0.72. Revenue for the quarter came in at $664.7 million versus the consensus estimate of $674.39 million.

Same store sales increased 1.9% in domestic company-owned stores (including GNC.com sales) in the first quarter 2013, representing the Company's 31st consecutive quarter of positive same store sales growth. The Company estimates the Easter holiday shift negatively impacted same store sales by approximately 100 basis points. In domestic franchise locations, same store sales – also negatively affected by the Easter holiday shift - increased 3.2%.

GNC Holdings sees FY2013 EPS of $2.75-2.80, versus the consensus of $2.80.

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

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