GNC Holdings sees Q4 adjusted EPS 24c-25c, consensus 23c
GNC Holdings reported an increase in fourth quarter same store sales for domestic company-owned stores of 5.7%. "In the fourth quarter of 2017, our efforts to reposition the business continued to gain momentum," said Ken Martindale, CEO. "As we head into 2018, we will continue to focus on our key initiatives including capital structure improvement, international business growth, exclusive and innovative products and services, a more engaging e-commerce and digital platform and further customer experience improvements." The current quarter adjusted diluted EPS excludes the impact of potential non cash long-lived asset impairments, the convertible debt exchange and related debt financing costs, CEO executive placement costs related to make-whole stock-based compensation awards, a legal-related charge, tax reform and the Company's evaluation of the realizability of its deferred tax assets, which the Company is in the process of finalizing.