GNC Holdings reports higher Q4 net income, provides outlook for 2013

GNC Holdings, Inc., a specialty retailer of health and wellness products, has reported a net income attributable to the common shareholders of $47.44 million, or $0.47 per diluted share, for the fourth quarter ended December 31, 2012, compared to $37.74 million, or $0.35 per diluted share, for the same quarter ended December 31, 2011. The company expects consolidated earnings per diluted share to be in the range of approximately $2.75 to $2.8 for 2013.

Revenue for the fourth quarter ended December 31, 2012 was $565.02 million, compared to $509.61 million for the same quarter ended December 31, 2011.

Net income attributable to the common shareholders for the year ended December 31, 2012 was $240.2 million, or $2.29 per diluted share, compared to $127.61 million, or $1.24 per diluted share, for the year ended December 31, 2011.

Revenue for the year ended December 31, 2012 was $2.43 billion, compared to $2.07 billion for the year ended December 31, 2011.

"2012 was a year of tremendous execution and financial performance across every segment of the business. We expanded our customer base, gained market share, improved operating margins, generated strong free cash flow and effectively returned capital to shareholders," said Joe Fortunato, Chairman, president & CEO.