trending Market Intelligence /marketintelligence/en/news-insights/trending/6-hjVVBYWCLEETERbje1sw2 content esgSubNav
In This List

GNC Holdings profit misses consensus by 20.9% in Q3

Blog

Corporate Credit Risk Trends in Developing Markets An Expected Credit Loss ECL Perspective

Blog

Highlighting the Top Regional Aftermarket Research Brokers by Sector Coverage

Blog

Corporate Credit Risk Trends in Developing Markets: A Loss Given Default (LGD) Perspective

Blog

Q&A: Data That Delivers - Automating the Credit Risk Workflow


GNC Holdings profit misses consensus by 20.9% in Q3

GNC Holdings Inc. said its third-quarter normalized net income was 57 cents per share, compared with the S&P Capital IQ consensus estimate of 71 cents per share.

EPS fell 20.7% year over year from 71 cents.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was $38.6 million, a decrease of 35.5% from $59.9 million in the year-earlier period.

The normalized profit margin declined to 6.2% from 8.8% in the year-earlier period.

Total revenue fell 8.1% on an annual basis to $628.0 million from $683.4 million, and total operating expenses decreased from the prior-year period to $551.3 million from $573.9 million.

Reported net income fell 29.2% on an annual basis to $32.1 million, or 47 cents per share, from $45.3 million, or 54 cents per share.