GNC Holdings (GNC) Tops Q1 EPS by 2c

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GNC Holdings, Inc. Reports First Quarter 2018 Results

April 26, 2018 7:00 AM EDT

PITTSBURGH, April 26, 2018 /PRNewswire/ -- GNC Holdings, Inc. (NYSE: GNC) (the "Company") reported consolidated revenue of $607.5 million in the first quarter of 2018, compared with consolidated revenue of $654.9 million in the first quarter of 2017. The decrease was primarily due to the sale of Lucky Vitamin on September 30, 2017, which resulted in a $22.7 million reduction to revenue, and the termination of the U.S. Gold Card Member Pricing program in the prior year quarter, which resulted in a $23.0 million decrease in revenue.

Same store sales increased 0.5% in domestic company-owned stores (including... More