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GNC comparable store sales jump 16% in 2nd quarter; P&G, Menley report results.

This article was originally published in The Tan Sheet

Executive Summary

GNC COMPARABLE-STORE SALES GREW 16.2% IN THE SECOND QUARTER while franchise comparable-store sales increased 19.3% during the three-month period ended July 22, the dietary supplement retailer announced Aug. 8. General Nutrition Companies reported that the comparable-store performance was "driven primarily by the continued demand for all supplement categories (vitamins, herbs and sports nutrition products) and further expansion of the company's Gold Card program" -- a membership program that entitles enrollees to once-a-month discounts

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