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image: flickr

GNC to shutter 200 stores

April 26, 2018

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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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