GNC Holdings Inc (NYSE:GNC) Shares Are Trading High

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Dallas, Texas 11/06/2013 (Financialstrend) – In Tuesday’s trading, GNC Holdings Inc (NYSE:GNC) rose by 1.20%. The opening price of the shares was $59.01, which climbed to an intraday high of $60.01 and dipped to a close of $59.76. Approximately 0.924 million shares were traded on Tuesday while an average volume of 1.23 million shares were traded over a 30 day period. The 52-week low of GNC Holdings Inc (NYSE:GNC) shares is $30.92 and its 52-week high is $60.42. The company has a market capitalization of $5.69 billion.                                        

About the company

GNC Holdings Inc (NYSE:GNC) was incorporated on 5 February 2007. It is a holding-company. It is a global specialty-retailer of health & wellness products. GNC Holdings Inc (NYSE:GNC) has three segments: 1- Retail, 2- Franchise and 3- Manufacturing/Wholesale. The Corporate retail-store operations are situated in the United States, Puerto Rico and Canada. Apart from this, GNC Holdings Inc (NYSE:GNC) also offers products domestically via LuckyVitamin.com, GNC.com, and www.drugstore.com. Its franchise stores are situated in the U.S and 54 different international countries. These include distribution centers where retail -sales are made. In 2013 October, GNC Holdings Inc (NYSE:GNC) acquired A1 Sports Limited.

The company’s primary manufacturing facilities are operated in South Carolina & the distribution centers are in Pennsylvania, Arizona and South Carolina. GNC Holdings Inc (NYSE:GNC) manufactures a majority of the company’s branded products. It also merchandises numerous 3rd-party products. The company sells products via a worldwide-network of over 8,100 locations that operate under the GNC brand.

Retail

GNC Holdings Inc (NYSE:GNC)’s retail segment generates its revenues mainly from selling products to its customers at company-owned stores in the U.S, Canada and Puerto Rico & through its websites -GNC.com & LuckyVitamin.com. As of 31 December 2012, the company operated 3,188 different company-owned stores in all the 50 states and the District of Columbia, Puerto Rico and Canada.

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