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If GameStop does report full-year profitability for the first time since 2018 — despite the significant challenges the company has recently faced — management will deserve significant praise.
Key Takeaways GameStop posted a surprise profit but continues to lose revenue in core retail.The company is shifting into ...
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Zacks Investment Research on MSNGameStop vs. Best Buy: Which Retail Stock Has Better Upside?
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 ...
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GameStop's Next Chapter: Profits, $6B Balance Sheet and Bitcoin ...
While GameStop’s total gross profit remained stable at approximately $1.23 billion in 2024, compared to 2020, the reduced store count pushed gross profit per store to approximately $385,000 ...
With projections now pointing to GameStop achieving profitability in fiscal year 2023, it's evident that CEO Ryan Cohen and his team have successfully realized one of their key objectives.
In a strategic repositioning, the GameStop CEO hints at a willingness to accept cryptocurrency in exchange of trading ...
GameStop stock (GME) fell as much as 15% during the struggling video game retailer's annual shareholder meeting on Monday as the company gave few details on its strategy going forward.
GameStop Corp. surprised investors with a quarterly profit in its second-quarter results Tuesday, but the videogame retailer still has many challenges ahead, according to analyst firm Wedbush.
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 ...
Shares of GameStop Corp (NYSE:GME) are pushing higher in Monday afternoon trading, seeing a spike in volatility despite a ...
GameStop Corp. GME could provide a peek at holiday shopping demand when it reports third-quarter earnings after market close Tuesday. Earnings Estimates: Analysts expect the video game to report ...
GameStop's fourth-quarter net income more than doubled to $131.3 million, compared to the same period last year, when it posted $63.1 million.
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