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Alias Born | 02/27/2014 |
Tuesday, September 16, 2014 10:02:11 AM
GNC had revenue of $2.6 billion in 2013, which is more than 6 times higher than bb.com.
Internet vendors are under attack for not taxing out-of-state purchases....so, the brick and mortar channel may be the best place to bet on for the future.
Given that GNC gives more and more space to Musclepharm, Musclepharm might achieve a 5% market share within GNC...that's $130 million....and 3% is like $78 million....so far, Musclepharm has sold for less than 1% of what GNC sells.
Now you might understand
1) why Brad Pyatt and other where piling up on MP stocks back in Aug
2) why inventories are building up
3) why BB.com is becoming less important to Musclepharm
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