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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 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 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.
19h
on MSN
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 ...
18h
on MSN
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 ...
2d
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 ...
11h
on MSN
GameStop Corp. Cl A stock underperforms Thursday when compared to competitors
Shares of GameStop Corp. Cl A sank 0.76% to $28.75 Thursday, on what proved to be an all-around rough trading session for the ...
6d
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.
1d
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 ...
2d
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 ...
2d
Watch out below: GameStop is tipped to fall after earnings based on a historical precedent
GameStop's Q3 earnings report awaits, with analysts expecting revenue decline and a potential stock price drop due to rising ...
1d
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 ...
6d
on MSN
GameStop’s stock is trading at a level that ignores the company’s challenges, says Wedbush
The videogame retailer’s shares jumped following the latest cryptic post from influential trader Keith Gill, aka “Roaring ...
1d
on MSN
These Stocks Moved the Most Today: Tesla, GameStop, Super Micro, Macy’s, Hershey, Dave & Buster’s, Walgreens, Stitch Fix, and More
Stocks rose Wednesday and the Nasdaq Composite crossed 20,000 for the first time after the consumer price index for November ...
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