8/06/12

GNC boosts web sales 28% in Q2

Plus, newly acquired LuckyVitamin.com added $14.1 million in online revenue.

Stefany Zaroban , Associate Director of Research

Sales were up across all channels for health products retailer General Nutrition Centers Inc. in the second quarter.

For the three months ending June 30, 2012, GNC, No. 203 in the Internet Retailer Top 500 Guide, reported:

"GNC delivered another very strong quarter, as we continue to see strength across all business units,” says Joe Fortunato, president & CEO. “In retail, each category contributed to our same-store sales increase, which continues to be fueled by the success of our leading proprietary brands and products. “

E-commerce sales comprised 4.0% of total sales and 5.4% of all retail sales for GNC during the second quarter, compared with 3.7% and 5.0%, respectively, last year.

For the first six months, GNC reported:

Web sales comprised 4.2% of total sales and 5.6% of retail sales in the first half of the year, compared with 3.9% and 5.1%, respectively, last year.

GNC raised its 2012 outlook to the following:

Topics:

e-commerce sales, General Nutrition Centers, GNC, health products, Joe Fortunato, LuckyVitamins.com, Q2 2012 earnings

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