GNC Holdings (GNC) Misses Q1 EPS by 25c, Revenues Miss
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GNC Holdings, Inc. Reports First Quarter 2020 Results
May 11, 2020 6:45 AM EDTNet loss of $200.1 million for the first quarter of 2020, compared with net loss of $15.3 million for the first quarter of 2019; adjusted net loss of $11.0 million, compared with adjusted net income of $19.0 million in the first quarter of 2019Â U.S. company-owned same store sales, which includes e-commerce sales, decreased 10.1% compared with the first quarter of 2019; excluding the impact of the COVID-19 pandemic, U.S. company-owned store sales decreased 4.4%Â Approximately 1,100, or 30%, of the U.S. and Canada company-owned and franchise retail stores were closed due to the... More
