GNC Holdings (GNC) Tops Q2 EPS by 3c; Adjusts FY13 EPS Outlook

GNC Holdings (NYSE: GNC) reported Q2 EPS of $0.73, $0.03 better than the analyst estimate of $0.70. Revenue for the quarter came in at $676.3 million versus the consensus estimate of $672.7 million.

Same store sales increased approximately 6.8% in domestic company-owned stores (including GNC.com sales) in the second quarter of 2013, excluding a negative impact of approximately 280 basis points or 2.8% from the planned giveaway of Gold Cards during the Company's chain-wide Member Pricing rollout. In domestic franchise locations, same store sales increased approximately 5.2% excluding an approximately 90 basis point negative impact from Gold Card giveaways.

GNC Holdings sees FY2013 EPS of $2.83-$2.88, with the Street at $2.80.

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

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