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image: flickr

GNC to shutter 200 stores

April 26, 2018

GNC continues in turnaround mode, and is seeing some of its best results overseas. Revenues in the U.S. and Canada segment fell 4.5% or $24.2 million to $512.4 million in the period, down from $536.6 million a year ago. But revenues in the international segment rose 0.8% or $0.3 million to $40.1 million from $39.8 million in the prior-year quarter, primarily due to an increase of $3.4 million in China cross-border e-commerce sales, according to a company press release. Earlier this month the company announced plans to expand into Australia.

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