The company reports domestic same-store sales fell 2.8% during the quarter and total revenue was off 14%.
E-commerce was a high point GNC with increased conversion rates leading to 12% growth during the quarter.
GNC ended Q3 with $190M in liquidity.
Shares are inactive in the premarket session.
Previously: GNC Holdings EPS misses by $0.09, misses on revenue (Oct. 24)
https://seekingalpha.com/news/3509076-surprise-loss-gnc-holdings
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.