GNC posts 30% first-quarter sales gain; plans to open 350 stores in 1995.
This article was originally published in The Tan Sheet
Executive SummaryGENERAL NUTRITION FIRST-QUARTER REVENUES JUMP 30% to $192 mil. for the three months ended April 29, the vitamin/dietary supplement retailer announced May 16. Comparable store sales increased 9.3% in the quarter, which GNC said was "well above the 5-7% range" anticipated by the company. The company reported that net earnings rose 50.9% to $15.1 mil. in the three-month period
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