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GNC Holdings Inc Raises FY 2012 EPS, Revenue Guidance; Revises FY 2012 Company-Owned Same Store Sales Guidance


Thursday, 1 Nov 2012 08:00am EDT 

GNC Holdings Inc revised outlook for fiscal 2012 on July 26, 2012 and expects consolidated revenue of approximately $2.45 billion. This is based on achieving an increase of approximately 11.5% in domestic Company-owned same store sales for fiscal 2012, including the impact of GNC.com. This compares to the Company's previous outlook of an increase of approximately 17.5% in consolidated revenue. Consolidated adjusted earnings per diluted share (Adjusted EPS) of approximately $2.29 for fiscal 2012, this compares to previous outlook of approximately $2.21. The current outlook includes an EPS impact of up to approximately 3c associated with gross margin dollar investment and marketing spend in support of the expansion of the Gold Card Member Pricing program to four additional markets including New York City and Chicago. The current outlook does not include any potential EPS impact as a result of Hurricane Sandy. According to I/B/E/S Estimates, analysts were expecting the Company to report revenues of $2.43 billion and EPS of $2.26 for fiscal 2012. 

Company Quote

32.86
0.11 +0.34%
30 Jul 2014