GNC Faces Bankruptcy "This Is Sparta Kick" Moment on 5/16/2020!

from the Joshua Schall Audio Experience · host Joshua Schall

On this episode, we will use the recent 2020Q1 GNC earnings report, that was released on 5/11/2020, as the backdrop to discuss its upcoming bankruptcy "This is Sparta Kick" moment. I will breakdown the key quarterly financial data, but more importantly cover what is happening with GNC and the COVID-19 retailing environment. I also cover some details around human capital cost reduction, store optimization plans, COVID-19 store closures, and cost cutting or delaying measures with rent and vendors. Finally, I share the updated financial picture that GNC is looking at and the judgement day of 5/16/20.

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This episode is 18 minutes long.

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This episode was published on May 11, 2020.

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