Archives for July 29, 2014

← 2014

Herbalife misses profit estimates, share price plunges

By Hank Schultz

Herbalife's share price dropped sharply yesterday as the company reported second quarter earnings that missed analysts’ estimates.  Shares dropped 11% almost immediately on the news and declined further in early trading today, with a share price at the...

Supplement market headwinds beset GNC as earnings decline in Q2

By Hank Schultz

The past year has been a tough one for the sales of dietary supplements, and retailing giant GNC is not immune to those trends.  In the company’s second quarter 2014 earnings GNC reported declines in both overall revenue and net income year-over-year.