GNC Sales Up In Third Quarter As Price Cuts Drag Down Earnings
This article was originally published in The Tan Sheet
Executive Summary
GNC sales were up for the first time since 2001, rising 7.7% in the third quarter to $358 mil. compared to the prior year parent company Numico reported in a Nov. 6 earnings call on third-quarter results
You may also be interested in...
Numico Uses GNC Earnings Increase As Leverage In Discussions To Sell Unit
GNC's improved earnings performance in the second quarter enhances parent company Royal Numico's bargaining position as it discusses selling off the division, the firm says
GNC First Quarter Sales, Excluding Ephedra, Hold Steady
GNC's first quarter sales were stable, excluding ephedra and ephedra-replacement products, parent Royal Numico announced in a May 2 1press release
Rexall Names Sales VP; GNC Remodeling Stores With Ephedra-Free Sections
GNC's remodeling effort will involve dividing its store floors into different categories to make them easier to navigate, the company said