GNCTimes

A Letter to our Shareholders

10
I SSUE
Oc t o b e r
2 0 1 3
MONT HLY
NEWSL ET T ER F OR
GNC HOL DI NGS,
I NC.
Dear Shareholders:
I am pleased to announce that
GNC had a successful earning
period. We have continued to out-
perform our competitors and offer
our customers outstanding prod-
ucts that support their life styles
and goals. I see our strong ability
to generate growth across multiple
channels and through initiatives
important to GNC and the commu-
nities we operate in.
Our consistent profitable growth is
reflected through our most recent
annual report. Our average dol-
lar-volume is $99 million, our profit
per earnings ratio is 21.2, and our
shares traded to date are 436,260.
These numbers reflect that GNC
trading is at a lifetime high. With
release of our report, currently
six analysts rate GNC as a buy,
no analysts rate it a sell, and one
rates it as a hold. We improved
earnings per share by 17.7 percent
in the most recent quarter com-
pared to the same quarter last year
and our profit per earnings ratio
has increased consistently for the
past two years.
It is our goal to maximize share-
holders return on investment. Our
successes would not be possi-
ble without you. Thank you for
continuing to encourage customer
loyalty, helping sell our proprietary
products. We are proud of our
store execution, consistent per-
formance and high capital growth
opportunities. Beyond this, the
lucrative progress of our Member
Pricing program drives consumers
into stores. In addition, we are
steadily growing our e-commerce
businesses at a rate that exceeds
the industry (continued p.2).
This Issue
Let t er t o Our Shar ehol er s P. 1
5 Heal t h Product s YOU need P. 2
Li ve Wel l and Off t he St r eet s P. 3
Upcomi ng Event s P. 4
Upcoming Events
GNCs End Homelessness Nation 5K
Nov. 16, 2013 in Chicago, Pittsburgh, New York City, Boston,
Miami, Houston, and Los Angeles. All GNC Employees are wel-
come to sign up to volunteer or run in the 5K in the city closest to
you by visiting our website www.gnc.com/livewellandoffstreets
GNC Holdings, Inc. at Goldman Sachs Twentieth Annual
Global Retailing Conference
Nov. 18. 2013
GNC Holdings, Inc. at Morgan Stanley Global Consumer &
Retail Conference
Dec. 10, 2013
Help Homeless
Americans & Join
Our Fight
Throughout the United States
more than 633,782 people, like
Mary, experience homelessness
on any given night. Learn more
about our partnership with The
Alliance and our initiative to help
end homelessness at www.gnc.
come/livewelloffstreets
300 6th Ave #2
Piitsburgh, PA 15222
412-288-4600
GNCTimes Issue 10 October 2013
Empl oyee Recogni t i on
GNC has many excel -
l ent empl oyees; but t hi s
mont h we want t o t ake
t i me t o r ecogni ze t he
out st andi ng ef f or t s of
Ti na M. Jones. Ti na has
been wi t h GNC Hol di ngs
I nc. f or t he past 35
year s, her anni ver sar y
bei ng t hi s mont h! She
wor ks r est l essl y wi t h
our change devel opment
depar t ment , hel pi ng GNC
di f f er ent i at e our sel ves
and gr ow i n new, i nno-
vat i ve mar ket s. I n her
f r ee t i me, Ti na hel ps
t he homel ess and i s an
act i ve advocat e of our
Li ve Wel l and Of f The
St r eet s campai gn ( see
page 3) .
Thank you Ti na f or al l
t hat you do!
Beyonc, Jay-Z, Brad Paisley, Colplay,
and Bruce Springsteen Join Our Fight
to End Homelessness
Our Health
Products
that YOU
need!
We asked
numerous doc-
tors, health care
specialists and
trainers for their
must-haves!
Omega- 3 (Fish
Oil)
Fish Oil has been
proven to ward off
heart disease and
prevent cognitive de-
cline. Additionally, the
supplement is great
for your skin, hair and
nails.
Calcium
The Magic supple-
ment does it all...
builds strong bones,
teeth and muscles.
Most Americans
do not get enough
through foods, so
adding a daily vita-
min is crucial.
Whey Protein
Adding protein to
your diet helps you
lose fat, preserve
and grow muscle,
and reduce hunger.
Facts
About GNC
Holdings,
Inc.
Started in
1935 as a
health food
store in
downtown
Pittsburgh
Operates in
three seg-
ments; retail,
franchise and
wholesale
As of March
2013, GNC
controls 8,200
locations
In April 2011,
GNC became
of publical-
ly traded
company
operating
on the New
York Stock
Exchange
under the
symbol GNC
GNC propri-
etary brands
include: Mega
Men, Ultra
Mega and
Total LeanTM.
On Sept. 21, 2013,
we partnered with The
National Alliance to End
Homelessness. We proud-
ly hosted Beyonc, Jay-
Z, Brad Paisley, Coldplay,
and Bruce Springsteen at
our Live Well and Off the
Streets Music Festival,
which helped raise
$323,000 for the home-
less. With your help we
have raised funds for and
awareness of homeless-
ness in the United States.
The Music Festival had
numerous stations sur-
rounding Stage AE where
attendees participated in
a silent auction, heard
educational speakers and
made care packages for
the homeless. The pack-
ages will be distributed to
homeless shelters through-
out Chicago, Pittsburgh,
New York City, Boston,
Miami, Houston, and Los
Angeles within the next few
weeks. In addition, GNC-
sponsored booths gave
away free samples of our
newest products.
This partnership worked
with the group of per-
formers who collective-
ly have won more than
60 Grammys to moti-
vate them to perform at no
cost to the festival orga-
nizers. Their act of kind-
ness helped GNC save
costs of the concert and
deliver a larger percent-
age of the profits to the
National Alliance to End
Homelessness.
GNC President and CEO
Joe Fortunato said, The
festival was a huge suc-
cess generating $277,500
in ticket sales and $48,000
through the silent auction.
Weve never had an initia-
tive to help the homeless
and we really think this
hard work will pay off to
better the different com-
munities throughout the
United States.
In addition to the festival,
GNC and The Alliance
are continuing to raise
money to help end home-
lessness through the End
Homelessness National
5K. The 5Ks will take place
in Chicago, Pittsburgh,
New York City, Boston,
Miami, Houston, and Los
Angeles on Nov. 16, 2013.
GNC wants to personal-
ly thank all of the GNC
employees who volun-
teered their time at the fes-
tival. We also want to thank
all of the collegiate brand
ambassadors in Pittsburgh
who volunteered their time
to hand out giveaways and
sign up festival guests for
the End Homelessness
National 5K. And of
course, a big thanks to
The National Alliance to
End Homelessness for
their amazing efforts to end
homelessness.
I am incredibly lucky to be a part of
the GNC team. Together with you
and our loyal customers, we can
continue to work together to help
make changes in the lives of others,
and most importantly help them to
Live Well!
Very Truly Yours,
Joseph Fortunato
CEO and President, GNC Holdings Inc.
Since GNC.com launched in 2007,
our revenue has more than quadru-
pled, indicating our expanding oper-
ating margins. GNCs strengths and
success in this quarters performance
prove it to be the one of the fastest
growing segments in the industry. This
enables us to persistently invest in ini-
tiatives that make it possible for GNC
to gain market share and expand our
global industry position.
This year we are proud to tell you
about such initiatives. In September,
we opened our first retail store in
China planning 12 more in this upcom-
ing year. We partnered to support the
National Breast Cancer Foundation
during the National Breast Cancer
Awareness month in October. We
have also successfully held the Live
Well and Off the Streets Festival in
association with the National Alliance
to End Homelessness and continue to
fundraise to meet our goal of contrib-
uting $1 million to the cause.