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 Sales Drop 20% From Last Year. The Stock Is Still Rising.
After initially falling on the news, shares of GameStop were up 3.6% after-hours trading on Tuesday. This is breaking news. Please come back for more updates and analysis and read
GameStop Sees Net Income Recovery Amid Sales Dip
GameStop Corp ( (GME) ) has released its Q3 earnings. Here is a breakdown of the information GameStop Corp presented to its investors.Pick the
GameStop’s stock jumps on surprise third-quarter profit
Shares of GameStop Corp. were up 8.2% in extended trading after the videogame retailer reported a surprise third-quarter profit, despite falling sales.
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 Swings to a Profit Despite Revenue Dip
GameStop (GME) swung to a profit in the third quarter, even as revenue fell year-over-year. Shares surged in extended trading Tuesday on the news. The video game retailer posted a profit of $17.4 million or 4 cents per share on revenue 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.
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GameStop Turns a Profit: So What? It's Still Not Worth Investing
GameStop (NYSE: GME) shares edged higher following its Q3 release, but so what? The report included a surprise profit, but ...
GameStop’s Unclear Strategy and Financial Struggles Justify Sell Rating
Analyst Michael Pachter of Wedbush reiterated a Sell rating on GameStop (GME – Research Report), retaining the price target of $10.00.Pick the ...
GameStop (GME) To Report Earnings Tomorrow: Here Is What To Expect
Video game retailer GameStop (NYSE:GME) will be reporting earnings tomorrow after market close. Here’s what to look for.
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 Reportedly Shuts Down Ton of Stores Ahead of Christmas
Over 100 GameStop stores have been shut down right before Christmas and the larger holiday season, leaving 500 people without ...
A Peek at GameStop's Future Earnings
GameStop is at the bottom for Revenue Growth and Gross Profit, while its peers are showing positive growth. GameStop's Return ...
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GameStop (GME) Q3 2024 earnings results miss revenue expectations in spite of quarterly profit
GameStop’s latest earnings report was released at the close of markets today. GameStop made $860 million in revenue, missing the expectation of $888 million. While the company was expected to lose ...
These Stocks Moved the Most Today: Tesla, GameStop, Super Micro, Macy’s, Hershey, Dave & Buster’s, Walgreens, Stitch Fix, and More
Tesla stock sets an all-time intraday high, GameStop posts a surprise quarterly profit even as sales fall 20%, and Macy’s cuts its outlook.
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 ...