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GNC - GNC Holdings: The Turnaround Is Taking Hold But The Market Is Impatient
GNC Holdings
GNC Holdings Inc. (GNC) is the operator of a specialty retail & online distributor of health, wellness and performance products. The company has been laboring under a large debt load for several years but has been taking steps in the last two years to begin to clear this hurdle. The company is attempting a dramatic turnaround in its business, in its operations and market focus, along with its capital structure, which are facing a number of macro-economic headwinds. The company is now trading at almost a stub valuation with a market cap of