First, the earnings: Why hasn't the company announced preliminary earnings yet ? Last year they announced at the end of January. Silence USUALLY is not a good sign. I don't like it.
Second, why haven't they sold to GNC company owned stores? I was told there could be a conflict of interest with nearby franchise owners, and that there could be a way around that by re-labeling the product for the GNC stores. The 'conflict of interest' makes no sense to me because ALL of GNC products would then be a conflict of interest. I take the 'no-sales to GNC' to be reflective of GNC having too many of their own competing products to want to work with BNLB. Franchise owners likely have to stock certain GNC items, but are free to purchase competing ones. GNC stores WANT to sell as much of the GNC product as possible. So, I'm guessing no deal will be made with GNC. Therefore BNLB needs to be targeting other avenues--Walmart, Walgreens, other nutrition stores, etc..
Comments?
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