GameStop Corp. (NYSE:GME) fell sharply in premarket action on Wednesday as investors digested the retailer's Q2 earnings report. Revenue fell 31.2% year-over-year for the quarter that ended on ...

GameStop Corp. GME and Best Buy Co., Inc. BBY stand at very different crossroads in the retail landscape. GameStop, once heavily dependent on physical video game sales, is in the midst of a deep ...

"GameStop has just over $10 per share in cash generating an impressive 4% + of annual income, but no clear strategy to reasonably deploy capital," wrote Wedbush analyst Michael Pachter, in a note ...

GameStop’s bottom-line performance further highlighted the benefits of its cost restructuring. The company shifted from a net loss of $32.3 million to a net income of $44.8 million in the first ...

GameStop generated $1.28 billion in net sales during the final quarter of its fiscal year, marking a 28.5% decline year-over-year. Its net income, however, grew to $131.1 million.

GameStop is seeking to reverse course through cost-cutting — the retailer initiated an earlier round of layoffs in July 2022 and replaced its former CFO. The strategy is starting to show some benefit, ...

GameStop Makes A Surprise Profit, Warns Of Impending Store Closures GameStop turns a profit, but it wasn't all good news for the company. By Eddie Makuch on September 11, 2024 at 7:27AM PDT 1 Comments ...

The bitcoin purchase marks the next step for CEO Ryan Cohen’s plan to improve the company’s profitability. Cost-cutting efforts included closing 590 brick-and-mortar locations last fiscal year.

GameStop’s third-quarter net sales fell 20% to $860 million, down from $1.08 billion last year, the company said Tuesday. The retailer swung from a year-ago net loss of $3.1 million to net ...

GameStop Corp. shares jumped following the video game retailer’s third-quarter results this week, although analyst firm Wedbush thinks that a return to profitability in the company’s core ...