Regarding that Super Bowl ad (http://stockaholics.net/threads/gnc-gnc-holdings-inc.3605/#post-37886)... http://www.usatoday.com/story/sport...c-ad-commercial-super-bowl-rejected/97275868/ Rejected because it falls on a list of prohibited companies published by the league. The use of the ingredients DHEA and synephrine by GNC led to the inclusion on the ban list.
Rally taking place last couple of days. I bought couple days ago just below $7. I will be bailing before earnings release on the 18th. How far can it run until then?
Never hit my exit price. I holding on with my finger on the dump button. Willing to take a small loss, but hopefully there will be a earning surprise or at least positive outlook from their new strategy.
Ameritrade not so good in premarket trading. I have a sell limit in lower than the ask and still no execution...............
GNC beats Street 1Q forecasts Associated PressApr 18, 2017, 6:02 AM PITTSBURGH (AP) _ GNC Holdings Inc. (GNC) on Tuesday reported first-quarter earnings of $23.9 million. The Pittsburgh-based company said it had net income of 35 cents per share. Earnings, adjusted for one-time gains and costs, were 37 cents per share. The results surpassed Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 32 cents per share. The nutritional supplement retailer posted revenue of $644.8 million in the period, also exceeding Street forecasts. Three analysts surveyed by Zacks expected $631.4 million. GNC shares have declined 34 percent since the beginning of the year. The stock has decreased 78 percent in the last 12 months.
They are saying business has turned around. If by turn around they mean people will stop using the internet to buy similar products at 50% off, then maybe.
GNC off about -15% out of the gate this morning and looking to challenge its ATL. no surprises here. GNC misses 3Q profit forecasts PITTSBURGH (AP) _ GNC Holdings Inc. (GNC) on Thursday reported third-quarter earnings of $21.5 million. On a per-share basis, the Pittsburgh-based company said it had net income of 31 cents. Earnings, adjusted for one-time gains and costs, came to 32 cents per share. The results missed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 33 cents per share. The nutritional supplement retailer posted revenue of $609.5 million in the period. GNC shares have decreased 26 percent since the beginning of the year. The stock has declined 62 percent in the last 12 months.
GNC's stock rockets after big investment from China's Harbin Pharmaceutical Source: https://www.marketwatch.com/story/g...-from-chinas-harbin-pharmaceutical-2018-02-13 GNC Holdings Inc. shares GNC, +25.30% soared 35% in premarket trade Tuesday, after the health and performance supplements retailer said it will receive a $300 million investment from China-based drugmaker Harbin Pharmaceutical Group Holding Co. (Hayao), as part of a strategic partnership and China joint venture agreement. The investment makes Hayao the largest GNC shareholder.
