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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 Q2 Earnings Preview: Analyst Estimates, Return To ... - MSN
Earnings Estimates: Analysts expect GameStop to report second-quarter revenue of $895.7 million according to data from Benzinga Pro. The company reported revenue of $1.16 billion in last year's ...
GameStop’s bottom-line performance further highlighted the benefits of its cost restructuring. The company shifted from a net loss of $32.3 million to a net income of $44.8 million in the first ...
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, ...
"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 ...
The bitcoin purchase marks the next step for CEO Ryan Cohen’s plan to improve the company’s profitability. Cost-cutting efforts included closing 590 brick-and-mortar locations last fiscal year.
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 ...
$304.96 -8.30 % XYZ Block Inc $79.97 0.33 % GameStop Corp. GME shares surged Wednesday in premarket trading after the company announced the purchase of 4,710 Bitcoins BTC/USD -1.00% ...
In March, GameStop announced that its board of directors had unanimously approved its purchase of bitcoin as a treasury reserve asset. GameStop's stock price jumped 92 cents, or 2.6%, to $35.97 ...
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 ...
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