Numico Uses GNC Earnings Increase As Leverage In Discussions To Sell Unit
This article was originally published in The Tan Sheet
Executive Summary
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
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GNC Sales Up In Third Quarter As Price Cuts Drag Down Earnings
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
GNC Sales Up In Third Quarter As Price Cuts Drag Down Earnings
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