GNC Holdings, Inc. Reports First Quarter 2016 Results
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May 2, 2016 8:02 AM EDT
GNC Holdings, Inc. (NYSE: GNC) announced that its Board of Directors has commenced a review of a wide range of strategic and financial alternatives to increase shareholder value. The review will include a thorough evaluation of the Company's current operating plan, as well as potential value maximizing alternatives such as accelerated refranchising strategies, capital structure optimization, partnerships and other... More
April 29, 2016 7:26 AM EDT
Goldman Sachs downgraded GNC Corp. (NYSE: GNC) from Buy to Neutral with a price target of $30.00 (from $40.00).
For an analyst ratings summary and ratings history on GNC Corp. click here. For more ratings news on GNC Corp. click here.
Shares of GNC Corp. closed at $25.32 yesterday.
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April 28, 2016 3:29 PM EDT
Deutsche Bank maintained a Hold rating on GNC Corp. (NYSE: GNC) and lowered its price target to $26.00 (from $30.00). The change follows soft Q1 results and guidance. Analyst Ryan Gilligan thinks headwinds will continue.
"GNC reported 1Q adj. EPS of $0.69, which was below our $0.74... More
April 28, 2016 6:54 AM EDT
GNC Holdings (NYSE: GNC) reported Q1 EPS of $0.69, $0.07 worse than the analyst estimate of $0.76. Revenue for the quarter came in at $668.9 million versus the consensus estimate of $667.84 million.
GUIDANCE:
GNC Holdings sees FY2016 EPS of $2.80-$2.90, versus prior guidance of $3.15-$3.35 and the consensus of $3.25.
Mike Archbold, Chief Executive... More
