- Hamish Kumar
GNC Holdings - A Potential Turnaround Investment?
- The company’s results for the fiscal year ended 12/31/16 were released on 02/16/17.
- Results were largely disappointing, with sales decreasing 5.4%, and same store sales growth decreasing 8.5%.
- Dividend payments were axed as debt crisis fears rose.
- Improved branding, strategy, and inside buying disclosure suggests brighter future ahead.
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