GME reported a $157.9 million net loss in Q1. One year ago, the company’s Q1 loss was only $66 million. GameStop has been using $300 million in cash to support operations each quarter.

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 is set to announce its earnings during the last week of March. It's possible that the retailer could report an annual profit for the first time since 2018.

GameStop reported comparable-sales growth of 12.2%, driven mostly by a 44.8% surge in hardware sales. The popularity of the Nintendo Switch was the company's saving grace during the fourth quarter.

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 ...

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 shares are surging after the struggling video game retailer reported its first profitable quarter in two years. In early trading the company's stock soared 46% to $25.70.

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 CEO Matt Furlong said the company's aim is to create a path toward full-year profitability in the future. For the full year, GameStop had $1.39 billion in cash and cash equivalents on ...

GameStop has not yet responded to a request for comment. While original meme stock GameStop reported a second-quarter profit, its sales dropped more than 30% to below analyst expectations.