BREAKING
Earnings Summary: Zymeworks (ZYME) Q4 FY25 net loss widens 2 hours ago Earnings Summary: A snapshot of Smith+Nephew’s (SNN) Q4 2025 report 3 hours ago Earnings Summary: Norwegian Cruise Line (NCLH) Q4 FY25 revenue rises 6% 4 hours ago Earnings Summary: Highlights of Calumet’s (CLMT) Q4 2025 earnings report 3 days ago Zoom Communications Q4 2025 Earnings Results 4 days ago Agilent Q1 Revenue Rises 7%, Net Income Declines 4 days ago Synopsys Q1 2026 Earnings Results 4 days ago Key highlights from J.M. Smucker’s (SJM) Q3 2026 earnings results 4 days ago Hormel Foods (HRL) Q1 2026 Earnings: Key financials and quarterly highlights 4 days ago Key metrics from Lowe’s (LOW) Q4 2025 earnings results 5 days ago Earnings Summary: Zymeworks (ZYME) Q4 FY25 net loss widens 2 hours ago Earnings Summary: A snapshot of Smith+Nephew’s (SNN) Q4 2025 report 3 hours ago Earnings Summary: Norwegian Cruise Line (NCLH) Q4 FY25 revenue rises 6% 4 hours ago Earnings Summary: Highlights of Calumet’s (CLMT) Q4 2025 earnings report 3 days ago Zoom Communications Q4 2025 Earnings Results 4 days ago Agilent Q1 Revenue Rises 7%, Net Income Declines 4 days ago Synopsys Q1 2026 Earnings Results 4 days ago Key highlights from J.M. Smucker’s (SJM) Q3 2026 earnings results 4 days ago Hormel Foods (HRL) Q1 2026 Earnings: Key financials and quarterly highlights 4 days ago Key metrics from Lowe’s (LOW) Q4 2025 earnings results 5 days ago
ADVERTISEMENT
Market News

GNC beats Q2 earnings amidst store optimizations

GNC Holdings, Inc. (NYSE: GNC) on Monday reported second-quarter adjusted earnings of 13 cents per share, surpassing the Street consensus by a cent, as operating income margin increased 150 bps to 10.3%. Revenue for the quarter, meanwhile, fell to $534.0 million, from $617.9 million a year ago, hurt by the transfer of the Nutra manufacturing […]

July 22, 2019 2 min read

GNC Holdings, Inc. (NYSE: GNC) on Monday reported second-quarter adjusted earnings of 13 cents per share, surpassing the Street consensus by a cent, as operating income margin increased 150 bps to 10.3%. Revenue for the quarter, meanwhile, fell to $534.0 million, from $617.9 million a year ago, hurt by the transfer of the Nutra manufacturing […]

· July 22, 2019

GNC Holdings, Inc. (NYSE: GNC) on Monday reported second-quarter adjusted earnings of 13 cents per share, surpassing the Street consensus by a cent, as operating income margin increased 150 bps to 10.3%.

Revenue for the quarter, meanwhile, fell to $534.0 million, from $617.9 million a year ago, hurt by the transfer of the Nutra manufacturing and China businesses to the newly formed joint ventures, negative same-store sales and the closure of company-owned stores under our store portfolio optimization strategy. The top-line missed the average analysts’ estimate of $553.1 million.   

Domestic same-store sales decreased 4.6%.

Read: iRobot needs to regain investor confidence with Q2 results

However, the top-line beat sent the stock up 5% during pre-market trading on Monday. The shares have declined 25% since the beginning of this year.

ADVERTISEMENT

GNC Ken Martindale said, “During the second quarter of 2019, although we experienced some softness in our sales, we delivered meaningful growth in our operating income margins consistent with our long-term strategy. The quarter represented solid progress towards our store optimization and cost savings initiatives.”

The health and wellness brand said revenues in the US and Canada segment decreased 8% to $476.1 million, while that in the International segment fell 18.9%, to $39.4 million.

Browse through our earnings calendar and get all scheduled earnings announcements, analyst/investor conference and much more!

ADVERTISEMENT