GNC
This article was originally published in The Tan Sheet
Executive Summary
Domestic comparable corporate store sales increased 8.1% for the fourth quarter, but decreased 1.5% for the full year, the supplement retailer announces Jan. 12. For franchise stores, sales increased 1.5% in the fourth quarter and decreased 4.8% for the full year. The company's comparable store sales "improved each successive quarter in 2005, finishing the year signficantly ahead of first quarter results," GNC states, attributing lower sales in early 2005 to "negative trends in the diet category." The firm is "very pleased with our progress in rebuilding our business in 2004"...
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