GNC Holdings (GNC) Tops Q1 EPS by 3c

GNC Holdings (NYSE: GNC) reported Q1 EPS of $0.37, $0.03 better than the analyst estimate of $0.34. Revenue for the quarter came in at $644.8 million versus the consensus estimate of $627.41 million.

Comps declined 3.9%.

"The One New GNC, represents a fundamental change in our business model and in the first quarter of 2017, we saw those transformational changes begin to bear fruit," said Bob Moran, Interim Chief Executive Officer. "We're encouraged by positive trends in transactions, and by the early performance of our new loyalty programs, which are demonstrating their power to increase consumer frequency and spending."

For earnings history and earnings-related data on GNC Holdings (GNC) click here.

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