=GNC Holdings (GNC) reported earnings on Tue 18 Apr 2017 (b/o)

GNC Holdings beats by $0.02, beats on revs; same store sales -3.9% :

• Reports Q1 (Mar) earnings of $0.37 per share, excluding non-recurring items, $0.02 better than the Capital IQ Consensus of $0.35; revenues fell 3.6% year/year to $644.8 mln vs the $623.03 mln Capital IQ Consensus.
• Negative domestic retail same store sales of 3.9%, which includes GNC.com sales, resulted in a $16.0 million decrease in revenue in the current quarter as compared with the prior year quarter.
• Transaction growth continued in the first quarter, up 9.3%, resulting in sequential improvement in same store sales.
• As of the end of the first quarter of 2017, 5 million consumers had joined the myGNC Rewards Program and there were approximately 78,000 PRO Access members. Over the course of the year, the Company will begin leveraging the CRM information to better reach and more cost effectively speak to its customers.