GNC Holdings, Inc. Reports Second Quarter 2016 Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/21/2026
- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- UBS says bull market has further to run
- S&P 500 may pull back before midterms, but Citi says buy the dip
- Global yield relief evaporates as U.S. rates push back toward multi-decade peaks
- BofA's Hartnett sees dollar slump, risk selloff if bond intervention fails
- Applied Optoelectronics sets up $600M at-the-market stock offering
- Fannie Mae loses at least 10 senior executives amid departures - WSJ
- Wall Street sinks as bond yields rise, Walmart results disappoint
- Supermicro probe finds no senior management link to export violations
- Wolfe remains "broadly bullish on AI semis stocks", names Top Pick
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
