GNC Holdings, Inc. is a specialty retailer of health, wellness and performance products, including vitamins, minerals and herbal supplement products (VMHS), sports nutrition products and diet products. The Company operates in three segments: Retail, Franchising and Manufacturing/Wholesale. The Retail segment includes sales of products to customers at its company-owned stores in the United States, Canada, Puerto Rico and Ireland and through its Websites, GNC.com and LuckyVitamin.com. Its Franchise segment consists of its domestic and international franchise operations. Its Manufacturing/Wholesale segment consists of its manufacturing operations in South Carolina and its wholesale sales business. The Company's brands include Mega Men, Ultra Mega, Total Lean, Pro Performance and Pro Performance AMP, Beyond Raw, GNC Puredge, GNC GenetixHD and Herbal Plus. The Company offers products through GNC.com, LuckyVitamin.com and www.drugstore.com.
Soliciting opinions on this one. 5 year chart shows that with the current gap down it is selling at levels not seen since 2011. I realize this is a contrarian stock right now but I think I am seeing some "value" to it. Last 3 years of income and balance sheets show stagnation but earning money. Mix of making earnings numbers and some misses like the one this quarter. It just dropped enough to provide a yield of slightly over 3% and does not seem to be in jeopardy with a 35% payout ratio. Some debt but not over leveraged according to debt to assets. I am not ready to pull the trigger on an entry but I do see this one as an interesting play as it would pay a dividend while waiting. One thing I am not sure of is what impact them soliciting a buyer might have on price. It seems to be up on the below announcement but to me, soliciting a buyer is a desperation move. Anyone have any thoughts on this one? GNC Holdings Considering Selling Itself 10:24 am ET May 2, 2016 (Dow Jones) Print By Austen Hufford GNC Holdings Inc. said it had started a review that could result in the sale of the company, days after it said its turnaround plan was facing setbacks. The vitamin and supplement retailer said Monday that its board had started a "review of a wide range of strategic and financial alternative" which could result in the company's sale, accelerated refranchising strategies or capital structure optimization. Shares rose 3.2% to $25.14 in morning trading. On Thursday, GNC shares dropped 29%, its biggest-ever daily stock move, after the company reported same-store sales declines, and Chief Executive Michael Archbold said its quarterly results were "unacceptable" and the turnaround's progress "insufficient." Mr. Archbold is nearly two years into his tenure as CEO. "We are in the early stages of a broad review and will take the time we need to thoroughly evaluate our opportunities to achieve the best result for our shareholders, business partners, and associates," GNC Chairman Michael Hines said. Write to Austen Hufford at austen.hufford@wsj.com (END) Dow Jones Newswires May 02, 2016 10:24 ET (14:24 GMT)
I said this a long time ago, but I will say it again. GNC is for people who do not know that the internet exists. You can buy anything you see in that store 30-50% cheaper online. The only time I bought something from GNC was when I was visiting a friend and needed some supplements I did not have time for waiting for shipping to arrive.
Understood Gil but they do sell on the internet as well as wholesale to other retail. That said, I have not done a competitive price check against their competitors.
Anybody that is serious about bodybuilding and nutrition shops elsewhere. GNC is the place you go when you dont know your shit. Not saying that is bad, plenty of people walk in there with no clue about nutrition, so GNC gets some walk in traffic for sure.
Well it finally hit reality. The fact that you can by anything sold in GNC for 30-60% cheaper almost anywhere!
Thanks for the opinion earlier. I did do a little research after your first comment and dropped it from my value watch list. Glad I did. Sometimes a stock that is losing favor for legit reasons will come up on a value search and appear to be a good buy. That is why one of the elements of a value search is to understand what the company does exactly and how likely it is to be able to continue. Doing that after your comment showed a very weak "moat" with GNC.
GNC getting some chatter this morning ... up about +10% here on news company looking for possible buyers in China
I could not find a thread on this one. GNC Holdings, Inc. is a specialty retailer of health, wellness and performance products, including vitamins, minerals and herbal supplement products (VMHS), sports nutrition products and diet products. The Company operates in three segments: Retail, Franchising and Manufacturing/Wholesale. The Retail segment includes sales of products to customers at its company-owned stores in the United States, Canada, Puerto Rico and Ireland and through its Websites, GNC.com and LuckyVitamin.com. Its Franchise segment consists of its domestic and international franchise operations. Its Manufacturing/Wholesale segment consists of its manufacturing operations in South Carolina and its wholesale sales business. The Company's brands include Mega Men, Ultra Mega, Total Lean, Pro Performance and Pro Performance AMP, Beyond Raw, GNC Puredge, GNC GenetixHD and Herbal Plus. The Company offers products through GNC.com, LuckyVitamin.com and www.drugstore.com.
[QUOTE GNC Makes Play in Big Game With First Super Bowl Ad PR NewswireDecember 20, 2016 PITTSBURGH, Dec. 20, 2016 /PRNewswire/ -- Leading vitamin and supplements brand GNC Holdings, Inc. (GNC) announced today that, for the first time in the company's history, it will advertise in the Super Bowl, scheduled for February 5, 2017. The commercial, along with associated placements and promotions, will coincide with the upcoming relaunch of the brand as One New GNC. The company will close all U.S. corporate stores on December 28 and reopen December 29 as One New GNC, with a dramatically improved customer experience and a new business model built around consumer preferences. <img class="Maw(100%)" src="http://l3.yimg.com/ny/api/res/1.2/f....com/media/149639/gnc_holdings__inc__logo.jpg"/> "The decision to make the substantial investment in Super Bowl advertising and promotions reflects our commitment to raise awareness of the One New GNC and invite consumers back into our stores. Done right, a Super Bowl advertising strategy, and the subsequent campaign that follows with the investment, has the power to drive significant interest in the brand, encourage trial and do it much, much more quickly than we could with a traditional advertising plan," said Bob Moran, GNC's interim CEO. "The Super Bowl strategy will build awareness of GNC as a partner in the healthy lifestyle journey of Americans, whether they are looking to maximize their sports performance and fitness, maintain a healthy weight or achieve and sustain general wellness," said Jeffrey R. Hennion, Executive Vice President, Chief Marketing & e-Commerce Officer for GNC. "While the One New GNC is backed by robust marketing aimed at our core consumer, our detailed analysis shows that, as we fundamentally shift our business model and our offering, the Super Bowl can deliver an attractive return on investment." ][/QUOTE]
Yeah, about that GNC... People now, more than ever go online to check prices. GNC stuff is so overpriced that there is no way anybody I know would ever buy anything from GNC.
While I agree about the uselessness of the store, it has repeated this pattern between earnings periods. Sitting at pretty clear support right now with an upside of around $16 in the next month and a half. I won't be playing it, but couldn't blame anyone for a short term trade here. Obviously out before earnings though.
GNC Holdings Inc. (GNC) Sank To A New Low After Price Target Cut 12/27/2016 7:01 AM ET Piper Jaffray lowered its price target on shares of GNC Holdings Inc. (GNC) Friday morning to $7 per share from $11 per share. GNC Holdings gapped open lower Friday and declined until around 1:00PM. The stock finished with a loss of 1.30 at $10.84 on above average volume. GNC Holdings dropped to its second consecutive new low for the year. by RTT Staff Writer For comments and feedback: editorial@rttnews.com
This may be attractive when it gets down around that $7 target. I think the new strategy sucks. They can cut costs by dropping brick and mortar stores and selling all online. When that decision is made, I'm in.
