GNC Holdings (GNC) CEO Archbold Resigns; Interim CEO Named
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Piper Jaffray Downgrades GNC Corp. (GNC) to Neutral; Concern About CEO Exit
July 28, 2016 11:01 AM EDTPiper Jaffray downgraded GNC Corp. (NYSE: GNC) from Overweight to Neutral with a price target of $20.00 (from $38.00), saying they are concerned about the departure of the CEO.
Analyst Sean Naughton commented, "Despite slightly better than expected revenues and strong free cash... More
GNC Holdings (GNC) Tops Q2 EPS by 1c; Guidance Suspended; CEO Resigns
July 28, 2016 6:53 AM EDTGNC Holdings (NYSE: GNC) reported Q2 EPS of $0.79, $0.01 better than the analyst estimate of $0.78. Revenue for the quarter came in at $689.6 million versus the consensus estimate of $670.4 million.
Same store sales decreased 3.7% in domestic company-owned stores (including GNC.com sales) in the second quarter... More
