GNC Holdings Inc. said its fourth-quarter normalized net income came to 61 cents per share, compared with the S&P Capital IQ consensus estimate of 62 cents per share.
EPS increased 12.9% year over year from 54 cents.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was $48.0 million, compared with $47.9 million in the year-earlier period.
The normalized profit margin fell to 7.3% from 7.9% in the year-earlier period.
Total revenue increased year over year to $618.2 million from $607.2 million, and total operating expenses increased year over year to $526.6 million from $518.6 million.
Reported net income decreased 16.4% on an annual basis to $42.7 million, or 54 cents per share, from $51.1 million, or 57 cents per share.
For the year, the company's normalized net income totaled $2.78 per share, compared with the S&P Capital IQ consensus normalized EPS estimate of $2.92.
EPS rose from $2.66 in the prior year.
Normalized net income was $234.5 million, a fall from $241.4 million in the prior year.
Full-year total revenue totaled $2.64 billion, compared with $2.66 billion in the prior year, and total operating expenses totaled $2.21 billion, compared with $2.22 billion in the prior-year period.
The company said reported net income decreased 14.3% year over year to $218.9 million, or $2.60 per share, in the full year, from $255.5 million, or $2.81 per share.