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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 ...
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 ...
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.
Shares of GameStop Corp (NYSE:GME) are pushing higher in Monday afternoon trading, seeing a spike in volatility despite a ...
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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 ...
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 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 reported a gross profit of $1.37 billion, SG&A expenses of $1.68 billion and a net loss of $313 million. GameStop’s stock rose on the news of the company’s profitable quarter.
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.
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.
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 ...
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