GameStop eyes more store closures amid 20% sales drop
The gaming retailer swung to a profit in Q3 even as it announced an exit from Germany and warned of higher store closures than previous years.
GameStop piles up more cash in Q3 even as sales fall off
GameStop Corp. (GME) reports third quarter earnings, showing a decline in revenue but an increase in net income.
GameStop reports fall in third-quarter revenue
Videogame retailer GameStop reported a fall in third-quarter revenue on Tuesday, hit by a continued slump in spending at its brick-and-mortar stores as consumers shift to online platforms. The company's third-quarter revenue fell 20% to $860 million in the third quarter,
GameStop Sales Drop 20% From Last Year. The Stock Is Still Rising.
GameStop sales fell from a year ago in the company’s latest quarter, coming in below Wall Street estimates, but the videogame retailer also swung to an unexpected profit. GameStop reported third-quarter adjusted earnings of 6 cents a share on net sales of $860.
GameStop Deserves To Fall More, Even After Signs Of Progress
GameStop's Q3 2024 earnings exceeded expectations, but revenue declined by 20.2%. Read why I maintain my sell rating on GME stock.
GameStop Q3 Sales Miss Estimates, Revenues Drop Across Segments
GameStop's third-quarter net sales fell short of expectations and declined compared to the same period last year. Segment revenues for hardware, software, and collectibles decreased compared to the previous year.
GameStop Corp. Cl A stock underperforms Friday when compared to competitors
Shares of GameStop Corp. Cl A slid 2.64% to $27.99 Friday, on what proved to be an all-around mixed trading session for the ...
GameStop, Chewy, DJT Stock Hint at a Meme Revival. Here’s Why.
It raises the question of whether meme stocks—names such as GameStop, Chewy, and maybe even President-elect Donald Trump’s ...
GameStop reports third-quarter profit on spending cuts
GameStop reported a third-quarter profit on Tuesday as the videogame retailer ramps up its cost-saving efforts, including ...
GameStop has ‘virtually no chance’ of returning to profitability in its core business, says Wedbush
GameStop Corp. shares jumped following the video game retailer’s third-quarter results this week, although analyst firm ...
GameStop Swings to a Profit Despite Revenue Dip
GameStop shares, which popped over 10% in extended trading, were up about 54% for 2024 through Tuesday's close. Most of the ...
Man arrested after armed robbery at Gamestop in Easley
EASLEY, S.C. (FOX Carolina) - Easley Police said a man was arrested after an armed robbery at the Gamestop Friday afternoon.
GameStop Shares Are On The Rise Wednesday: What's Going On?
GameStop Corporation (NYSE: GME) shares are trading higher Wednesday after the company released its third-quarter financial ...
GameStop Reports Earnings Tuesday. The Numbers Aren't Always the Big Story.
GameStop’s next quarterly results are due next week. But as is often the case with the retailer, the numbers it reports ...
GameStop stock jumps after cryptic post from 'Roaring Kitty' rekindles retail hype
On Thursday, about 300K GameStop options contracts had changed hands by 2:14 p.m., at about 1.5 times the usual pace.
GameStop earnings: Stocktwits exec's retrospective on retail trading
Video game retailer GameStop (GME) is popping on in after-hours trading after releasing third quarter earnings, posting net ...