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GNC Gold Card membership up to 2.6 mil. customers; first quarter sales up 19% to $273 mil..

This article was originally published in The Tan Sheet

Executive Summary

GNC GOLD CARD ENROLLMENT UP 18% TO 2.6 MIL. CUSTOMERS in the fiscal first quarter ended April 26, General Nutrition Companies said of its charge card program May 13. GNC consolidated revenues rose 18.6% to $273.1 mil. for the quarter. Comparable store sales increased 5.6% for domestic GNC-owned stores open for at least a year, while comparable franchise-owned store sales increased 11.7% in U.S. locations open at least a year, GNC said
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