Sports & Nutrition
GNC Clings to Small Victories as 1Q Results Disappoint, More Closings Loom
Business ResourcesGNC Clings to Small Victories as 1Q Results Disappoint, More Closings LoomGNC Clings to Small Victories as 1Q Results Disappoint, More Closings Loom
Franchise store sales gains and a small boost from online China-related sales were not nearly enough to prevent GNC's 1Q2018 revenues and earnings declines due to slumping company-owned stores, poor U.S. and Canadian sales, and a slew of charges related to store closings and other divestitures.
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