Services Sector New Lows: GNC Holdings (NYSE:GNC), Bed Bath & Beyond (NASDAQ:BBBY), bebe stores(NASDAQ:BEBE), Gordmans Stores(NASDAQ:GMAN), Destination Maternity Corp (NASDAQ:DEST)

GNC Holdings Inc. (NYSE:GNC) a health and wellness products retailer based in Pittsburgh, said its CFO, Michael Nuzzo, has resigned but will stay at GNC Holdings through July 18 or later. GNC Holdings Inc. (NYSE:GNC) net profit margin is 9.90% and weekly performance is -6.97%. On last trading day company shares ended up $34.96. Analysts mean target price for the company is $50.08. GNC Holdings Inc. (NYSE:GNC) distance from 50-day simple moving average (SMA50) is -14.21%.

Not every company in the business is doing that well far from it, in fact. Bed Bath & Beyond Inc. (NASDAQ:BBBY) is performing materially worse than Restoration Hardware in spite of its leadership position in the industry based on its huge store base of 1,496 locations as of the end of the first quarter. Bed Bath & Beyond announced disappointing financial performance for the quarter ended on March 1. Net sales fell 5.8% to $3.2 billion versus $3.4 billion in the same quarter of 2013, while comparable sales increased 1.7% year over year. Net income per diluted share came in at $1.60 per share, lower than the $1.68 per share the company earned in the same period of 2013. Bed Bath & Beyond Inc. (NASDAQ:BBBY) shares fell -0.40% in last trading session and ended the day on $60.23. BBBY gross Margin is 39.70% and its return on assets is 16.00%.Bed Bath & Beyond Inc. (NASDAQ:BBBY) quarterly performance is -11.82%.

bebe stores, Inc. (NASDAQ:BEBE) announced the resignation of its Chief Executive Officer (CEO) Steve Birkhold with immediate effect. Simultaneously, the company’s board of directors appointed the current CEO of Jackson Hole Group, Jim Wiggett, as its interim CEO, until the search for a permanent CEO is materialized. bebe stores, inc. (NASDAQ:BEBE) shares moved up 1.52% in last trading session and was closed at $3.35, while trading in range of $3.22 – $3.39. bebe stores, inc. (NASDAQ:BEBE) year to date (YTD) performance is -36.43%.

On June 9, 2014, Gordmans, Inc. (NASDAQ:GMAN), a wholly owned subsidiary of Gordmans Stores, Inc. (the “Company”), entered into the Waiver and First Amendment (the “Amendment”) to the Loan, Guaranty and Security Agreement dated as of August 27, 2013 by and among the Borrower, the guarantors from time to time party thereto and Cerberus Business Finance, LLC, as the collateral and administrative agent for the lenders (the “Senior Term Loan”). Gordmans Stores, Inc. (NASDAQ:GMAN) ended the last trading day at $4.15. Company weekly volatility is calculated as 5.02% and price to cash ratio as 13.89.Gordmans Stores, Inc. (NASDAQ:GMAN) showed a negative weekly performance of -9.19%.

Destination Maternity Corporation (NASDAQ:DEST) begin trading ex-dividend on June 04, 2014. A cash dividend payment of $0.2 per share is scheduled to be paid on June 27, 2014. Destination Maternity Corp (NASDAQ:DEST) net profit margin is 4.10% and weekly performance is -2.14%. On last trading day company shares ended up $22.46. Analysts mean target price for the company is $37.00. Destination Maternity Corp (NASDAQ:DEST) distance from 50-day simple moving average (SMA50) is -8.62%.

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