|Bid||3.2400 x 1800|
|Ask||3.2500 x 2900|
|Day's range||3.1900 - 3.2650|
|52-week range||1.3200 - 3.5000|
|Beta (3Y monthly)||1.25|
|PE ratio (TTM)||6.40|
|Earnings date||24 Oct 2019|
|Forward dividend & yield||N/A (N/A)|
|1y target est||3.75|
While it may not be enough for some shareholders, we think it is good to see the GNC Holdings, Inc. (NYSE:GNC) share...
GNC (GNC) delivered earnings and revenue surprises of 0.00% and -1.76%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?
Net loss of $2.4 million for the third quarter of 2019; Adjusted net income of $3.1 million, an increase of $1.0 million compared with the third quarter of 2018Domestic same.
(Bloomberg) -- GNC Holdings Inc.’s Chinese investor, Harbin Pharmaceutical Group Co., is considering a potential bid to take the U.S. vitamin and supplement retailer private, people with knowledge of the matter said.The Chinese company has been speaking with potential advisers about an offer for GNC, the people said, asking not to be identified because the information is private. GNC has lost more than half its value over the last year, giving it a market capitalization of $176 million at Monday’s close. The company had nearly $900 million of debt at the end of June, according to a recent investor presentation.Shares of GNC rose 11% to $2.31 at 11.30 a.m. in U.S. trading. The stock rose as much as 17% earlier while the benchmark S&P 500 Index was little changed.Harbin Pharmaceutical is already an existing investor in GNC, agreeing last year to buy $300 million of convertible preferred shares that would make it the U.S. firm’s biggest shareholder if they’re all exercised. The two companies also recently started a Chinese e-commerce joint venture.Any transaction would mark a rare U.S. acquisition by a Chinese company as ongoing trade tensions slow cross-border dealmaking. GNC has been in talks with creditors about ways to rework its debt load, Bloomberg News reported last month.Regulatory RisksHarbin Pharmaceutical, known for its Hayao medicine brand, is in the early stages of weighing an offer and hasn’t made a final decision on whether to proceed, the people said. It is studying risks including the potential for regulatory scrutiny and the possibility that GNC’s business will further deteriorate, as well as the debt load it would need to take on, according to the people.GNC has been considering a range of refinancing options and aims to complete the process by year-end, according to one person. Representatives for Harbin Pharmaceutical didn’t immediately respond to requests for comment, while a representative for GNC declined to comment.Shares of Harbin Pharmaceutical have climbed 7% in the past 12 months, giving it a market value of about 9.6 billion yuan ($1.3 billion).GNC, founded in the 1930s, sells health and nutrition products in more than 4,800 stores across the U.S., as well as through franchise operations in 46 international markets, according to its website. The retailer plans to close as many as 900 stores by end of next year in the U.S., Chief Executive Officer Ken Martindale said on a July 22 investors call.The U.S. firm had held discussions with several Chinese suitors about a sale of the entire company in 2016, though the talks stalled in 2016 after they failed to agree on a deal structure, people familiar with the matter said at the time.(Updates with share price in third paragraph.)\--With assistance from Jinshan Hong, Drew Armstrong and Katherine Doherty.To contact the reporters on this story: Vinicy Chan in New York at firstname.lastname@example.org;Cathy Chan in Hong Kong at email@example.com;Ed Hammond in New York at firstname.lastname@example.orgTo contact the editors responsible for this story: Fion Li at email@example.com, ;Liana Baker at firstname.lastname@example.org, ;Jun Luo at email@example.com, Ben Scent, Aaron KirchfeldFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
GNC (GNC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
PITTSBURGH, Oct. 10, 2019 -- GNC Holdings, Inc. (NYSE: GNC), a leading global health and wellness brand, will release results for the third quarter of 2019 before the market.
GNC Holdings' (GNC) recent joint venture with vitamins and nutritional supplement manufacturer International Vitamin Corporation shows high prospects at present.
PITTSBURGH, Sept. 05, 2019 -- GNC Holdings, Inc. (NYSE: GNC) (the "Company") today announced that Ken Martindale, Chairman and Chief Executive Officer and Tricia Tolivar,.
We consider this corporate deal in Brazil to be a strategic fit for GNC Holdings (GNC), which currently pulls out all the stops to fortify its global footprint.
GNC Holdings Inc., a leading global health and wellness brand, today announced its partnership with BFG Brasil Comercial de Vitaminas LTDA, a professional retail operator, to help expand the company’s presence in Brazil. Specializing in the operation and management of major retail brands in Brazil, the partnership will allow GNC to grow its franchise presence outside the United States and reach more consumers in Latin America. The consumer health market in Brazil continues to remain on a positive growth trajectory, with consistent growth in the vitamins and dietary supplements categories.
GNC Holdings Inc., a leading global health and wellness brand, today announced its GNC Live Well Foundation partnered with Operation Homefront to support military families for the upcoming school year. Together, the two organizations collected and filled more than 300 backpacks with new school supplies for military students as a part of Operation Homefront’s annual Back-to-School Brigade® program. “The GNC Live Well Foundation is committed to supporting our communities, including through education,” said John Learish, SVP of Marketing at GNC and GNC Live Well Foundation Board Member.
Net income of $16.1 million for the second quarter of 2019; Adjusted net income of $18.3 million, an 8.3% increase compared with the second quarter of 2018 Domestic same store.
Anyone researching GNC Holdings, Inc. (NYSE:GNC) might want to consider the historical volatility of the share price...
PITTSBURGH, July 11, 2019 -- GNC Holdings, Inc. (NYSE: GNC), a leading global health and wellness brand, will release results for the second quarter of 2019 before the market.
PITTSBURGH, June 20, 2019 -- GNC Holdings Inc. (NYSE: GNC), a leading global health and wellness brand, announced that the GNC Live Well Foundation will launch its first ever.