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%.