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GNC focuses on expansion following Q4 results
Despite a challenging retail environment, GNC performed well during the fourth quarter and fiscal year 2013, generating what chairman, president and CEO Joe Fortunato described as solid top and bottom line growth.
For the quarter, net income slightly rose to $47.7 million from $47.4 million in the same period the prior year.
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Build-A-Bear swings to Q4 profit; narrows full-year loss
St. Louis — Build-A-Bear Workshop swing to a profit in the fourth quarter as net income rose to $5.4 million, compared to a loss of $36.5 million a year earlier.
Consolidated net retail sales for the quarter totaled $106.3 million, while operating 28 fewer stores at quarter’s end compared to $116.1 million in the year ago period.
Same-store sales decreased 2.2%, including a 2.8% decline in North America and a 0.1% decline in Europe.