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GNC reports increase in Q2 net income, EBITDA
PITTSBURGH General Nutrition Centers reported a 42.5% increase in net income for its second quarter ended June 30.
GNC said Tuesday that its net income totaled $25.6 million, compared with $18 million in the year-ago period. Adjusted EBITDA for second quarter 2010 was $68.6 million, an 18.1% increase over the adjusted EBITDA of $58.1 million for second quarter 2009.