Скачать или смотреть Will COVID-19 "Save" GNC From Bankruptcy in 2020? | Consumed Ep.73

The "Consumed" series is my take on CPG news that I find interesting throughout the week. My goal is to add commentary, dive deeper, or bring more context to topics that often do not get covered by the traditional media outlets.

Ep.73 covers the recent "Notice of Late Filing" that GNC submitted to SEC on 3/16/2020. In this video, I breakdown how certain clauses in GNC's debt load might create issues in 2020. The most important being that they cannot have a "going concern" footnote in their audited financial statements. Additionally, I talk about options for GNC to avoid bankruptcy and how the current coronavirus COVID-19 pandemic could help them get out of 2020 in business still. Finally, I leave with commentary around how brands, partners, and vendors should be thinking about this information.

#gnc #coronavirus #retail

*I AM NOT A FINANCIAL ANALYST OR ADVISOR AND NOTHING IN THIS VIDEO SHOULD BE USED TO MAKE INVESTING DECISIONS. I AM JUST SHARING MY OPINIONS ON A VALUED PART OF THE CPG ECOSYSTEM THAT I AM PASSIONATE ABOUT. IF INACCURACIES WERE SAID IT WAS AN HONEST MISTAKE AND NOT MALICIOUS OR TO GIVE NEGATIVE INTENT.*

Link to GNC "Notice of Late Filing" - https://gnc.gcs-web.com/sec-filings

I appreciate each and every one of you that took even a moment of your time to watch this video. I know your time and attention are your biggest assets and I hope you got adequate value in return from this content. Thank you from the bottom of my heart!

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About Joshua Schall of J. Schall Consulting:
Joshua is consumer packaged goods (CPG) Strategist and Entrepreneur that focuses on the product categories of value-added (or functional) food, beverage, beauty, and nutritional supplements. He was an early advocate for digital grocery optimization and is an expert at the entrepreneurial ideation to consumerization cycle. Recently, he has shifted that decade of knowledge into early-stage investments, board membership, and public speaking engagements. His YouTube channel is a walk through his daily life and a peek into his business musings. Enjoy a look into his life through the lens!

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