— GNC Holdings (NYSE: GNC) reported an adjusted loss per share of $0.02 for the third quarter of 2019 compared to an adjusted earnings of $0.02 per share in the prior year quarter.
— GAAP loss per share was $0.09 compared with loss per share of $0.10 in the third quarter of 2018.
— Revenue decreased to $499.1 million from $580.2 million in the year-ago quarter.
— E-Commerce revenues grew 12%.
— U.S. and Canada segment revenue decreased 7% to $444.7 million.
— International segment revenue declined 28% to $36.9 million.
— Revenues in the Manufacturing/Wholesale segment, excluding intersegment sales, plunged 67% year-over-year to $17.4 million.
— GNC shares ended up 4.8% at $2.40 yesterday.
Micron Technology Inc. (NASDAQ: MU) Thursday said its fourth-quarter profit declined from last year, hurt by a sharp fall in revenues. Earnings, however, beat the market’s projection. On an adjusted
Shares of Philip Morris International Inc. (NYSE: PM) were down 1% on Thursday. The stock has dropped over 9% year-to-date. Although the tobacco industry has felt the pinch of inflation,
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