Home / Street Sector / GNC Holdings Inc. (NYSE:GNC) Try To Make New Thrust In Street with Cardinal Health (NYSE:CAH)

GNC Holdings Inc. (NYSE:GNC) Try To Make New Thrust In Street with Cardinal Health (NYSE:CAH)

GNC Holdings Inc. (NYSE:GNC) [Trend Analysis] slightly up 0.75% in early trading session on Friday as it released that its financial results for first quarter ended March 31, 2016.  For first quarter of 2016, firm released consolidated revenue of $668.9 million, a drop of 1.8% as compared with consolidated revenue of $681.3 million for the first quarter of 2015. Revenue, excluding intersegment sales, increased in the Company’s Manufacturing / Wholesale segment by 3.5%. Revenue decreased in Company’s Retail and Franchise segments by 1.5% and 5.6%, respectively. Similar store sales decreased 2.6% in domestic company-owned stores in the first quarter of 2016. In domestic franchise locations, same store sales decreased 5.6% in the first quarter of 2016.

GNC Holdings Inc. (NYSE:GNC) try to make new thrust in street and making different trends, stocks trading ended with -28.88% to $25.32. The share price of GNC attracts active investors, as stock price of week volatility recorded 3.21%. The stock is going forward to its 52-week low with 13.28% and lagging behind from its 52-week high price with -50.19%.

Cardinal Health, Inc. (NYSE:CAH) [Trend Analysis] released that its Q3 results for fiscal year 2016, comprising a 21% move up in revenue to $30.7B and a 20% increase in non-GAAP operating earnings to $788 million. Non-GAAP diluted earnings per share (EPS) increased 20 percent to $1.43. On a GAAP basis, operating earnings increased 11 percent to $656 million, and diluted EPS increased 7 percent to $1.17. Third-quarter revenue for the Medical segment increased 13 percent to $3.1 billion due to the net contribution from acquisitions as well as solid growth from existing businesses.

<p>Segment profit moved up 26% to $128M because of contribution from acquisitions, net of divestitures, and from Cardinal Health-branded products. Segment profit includes the $21 million negative impact of the Cordis-related inventory fair value step-up.

Cardinal Health, Inc. (NYSE:CAH) attempts to attain leading position in street, Shares price changes as it -9.28% to close at $78.51 with the total traded volume of 7.08 Million shares. The firm has institutional ownership of 88.80%, while insider ownership included 0.20%. Its price to sales ratio ended at 0.23. CAH attains analyst recommendation of 2.00 with week performance of -9.57%.

About Devon Leftovich

Devon Leftovich is an entrepreneur. He has been writing and editing professionally for over six years. He is admin editor and senior content writer of SWR. However, he has determined to give investors something rare, a dignified partner who can manage money with integrity and a clear conscience about the degree of due diligence behind investment decisions. He said, "I love the financial world because it is like one big puzzle and I hope we the SWR help each other out to solve the puzzle to help us realize our dreams." Interests: Analysis of different Companies; including news and analyst rating updates. He performs analysis of Companies and publicizes important information for investor/traders community. Stocks long-term and short-term holding views, Tech Stocks

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