GNC Holdings' (GNC) Q4 Earnings Miss Estimates, Margins Fall
Zacks Investment Research | Mar 05, 2019 08:22PM ET
GNC Holdings, Inc. (NYSE:GNC) reported fourth-quarter 2018 adjusted loss per share of 13 cents against the year-ago quarter’s adjusted earnings of 26 cents. The Zacks Consensus Estimate was pegged at 2 cents. Reported earnings per share for the quarter came in at 62 cents against loss of $3.03 cents a year ago.
For full-year 2018, the company reported adjusted earnings of 34 cents, reflecting a decline of 75.3% from 2017. This figure missed the Zacks Consensus Estimate by 27.7%.
Revenues
Revenues for the fourth quarter came in at $547.9 million, down 2.6% year over year. This figure missed the Zacks Consensus Estimate by 1.1%.
For the full year, the company reported revenues of $2.35 billon, marking a decline of 8% from 2017. The top line, however, matched the consensus estimate.
Segmental Details
GNC Holdings reports operations under three segments: U.S. & Canada (including company-owned stores in the United States, Puerto Rico and Canada, franchise stores in the United States and e-commerce), International (inclusive of franchise locations in approximately 50 countries, The Health Store and China operations) and Manufacturing/Wholesale (comprising manufactured products sold to other segments, third-party contract manufacturing and sales to wholesale partners).
GNC Holdings, Inc. Price, Consensus and EPS Surprise
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