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In Brief

GNC outperforming, issuing shares; Vitacost emerges from strategic review; Fleminger’s green tea QHC remanded back to FDA; supplement firm Modern Products unaware of GMPs; more news In Brief.

With its fiscal 2012 first quarter still in progress, [GNC Holdings Inc.]expects to beat its previously stated earnings-per-share projection of 49 cents, which was up from 33 cents per share in the year-ago quarter. The supplement retailer said March 12 its revised guidance stems from its same store sales performance in January and February, which GNC expected would increase between 8% and 9% in the quarter. Pittsburgh-based GNC also announced March 13 a secondary offering of 17 million shares of class A common stock that will be priced at $33.50 each; during the firm’s initial public offering last April, shares were priced at $16 Also see "In Brief" - Pink Sheet, 11 April, 2011..

The online supplement retailer ends 2011 with 1.4 million active customers, an increase of 22% year over year, and trims...

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