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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 ...
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GameStop highlights the potential for store closings as part of its ...GameStop Corp. (NYSE:GME) fell sharply in premarket action on Wednesday as investors digested the retailer's Q2 earnings report. Revenue fell 31.2% year-over-year for the quarter that ended on ...
"GameStop has just over $10 per share in cash generating an impressive 4% + of annual income, but no clear strategy to reasonably deploy capital," wrote Wedbush analyst Michael Pachter, in a note ...
GameStop is seeking to reverse course through cost-cutting — the retailer initiated an earlier round of layoffs in July 2022 and replaced its former CFO. The strategy is starting to show some benefit, ...
Zinger Key Points GameStop reports second-quarter financial results Tuesday, Sept. 10. A look at the key earnings estimates and how the company has performed in recent quarters. Get our list of 10 ...
GameStop generated $1.28 billion in net sales during the final quarter of its fiscal year, marking a 28.5% decline year-over-year. Its net income, however, grew to $131.1 million.
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 ...
GameStop Corp. shares jumped following the video game retailer’s third-quarter results this week, although analyst firm Wedbush thinks that a return to profitability in the company’s core ...
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