QUOTE AND NEWS
Benzinga  May 5  Comment 
Analysts at Jefferies downgraded Papa Murphy's Holdings Inc (NASDAQ: FRSH) from Buy to Hold. The target price for Papa Murphy's has been lowered from $14 to $10. Papa Murphy's shares dropped 24.72 percent to $9.35 in pre-market trading. Stifel...
Benzinga  May 2  Comment 
Opower Inc (NYSE: OPWR) surged 31.27 percent to $10.37. The volume of Opower shares traded was 19611 percent higher than normal. Oracle Corporation (NYSE: ORCL) announced plans to acquire Opower for $10.30 per share in cash. GNC Holdings Inc ...
New York Times  May 2  Comment 
After reporting disappointing earnings, the company said it had hired advisers to explore “strategic and financial alternatives,” including a sale.
Wall Street Journal  May 2  Comment 
Benzinga  Apr 29  Comment 
The promotion-driven positive same-store sales seen in Q4 reversed for GNC Holdings Inc (NYSE: GNC) in 1Q16, with the company reporting a higher-than-expected decline in same-store sales. Goldman Sachs’ Stephen Tanal downgraded the rating on...
SeekingAlpha  Apr 29  Comment 
Benzinga  Apr 29  Comment 
Analysts at Keefe Bruyette & Woods downgraded Deutsche Bank AG (USA) (NYSE: DB) from Market Perform to Underperform. Deutsche Bank shares closed at $19.46 on Thursday. Baird downgraded Western Digital Corp (NASDAQ: WDC) from Outperform to...
Motley Fool  Apr 28  Comment 
The nutritional supplement retailer got slammed after a weak earnings report.




 
TOP CONTRIBUTORS

GNC Holdings, Inc (NYSE:GNC) is a nutritional supplement retailer with more than 7,200 worldwide locations. Each of the company's retail locations sell health and wellness products such as vitamins, minerals, herbal supplements, and diet products. The company sells a large line of products which are sold with the GNC brand name on it.[1]

According to the Nutrition Business Journal, the nutritional supplements industry generated an estimated $28.7B in 2010. It is projected to grow at a Compounded annual growth rate - CAGR of approximately 5.3% until 2015. GNC views the market as being highly fragmented across distributors and producers. GNC believes that this growth and fragmentation provide a significant advantage to a relatively larger operator like GNC.[2]

The company's initial public offering of stock on the NYSE occurred on March 31, 2011. The company offered 22.5M shares each for $16. This was at the midpoint of the $15-$17 initial price range. 6.5M of its 22.5M offered shares were sold by the company's private equity sponsors. This brought the total deal size to $45M. The lead underwriter of the IPO were Goldman Sachs Group (GS), J P Morgan Chase (JPM), Deutsche Bank AG (DB), and Morgan Stanley (MS).[3]

In 2010, GNC reported a total revenue of $1.8B. This was an increase over the 2009 figure of $1.7B. The company's net income in 2010 was $96.6M. This was a 13% decrease from the $111.9 M net income reported for 2009.[4]

References

  1. GNC S-1/A 2011 PROSPECTUS SUMMARY "Our Company" pg 1
  2. GNC S-1/A 2011 PROSPECTUS SUMMARY "Industry Overview" pg 2
  3. Renaissance Capital - IPO Home "Nutritional supplement retailer GNC prices its IPO at $16, within the range" 31 March 2011
  4. GNC S-1/A 2011 PROSPECTUS SUMMARY "Summary Consolidated Financial Data" pg 12-13
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