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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.
Shares of GameStop Corp (NYSE:GME) are pushing higher in Monday afternoon trading, seeing a spike in volatility despite a ...
Under the leadership of Ryan Cohen, GameStop has been implementing a cost-cutting strategy that could result in a profitable year for the video game retailer. ... GameStop's Path to Profitability.
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 ...
Key Takeaways GameStop posted a surprise profit but continues to lose revenue in core retail.The company is shifting into ...
In addition to the trading card focus, GameStop is also investing in cryptocurrency as it tries to find a more viable business model. Last month, the company bought about $500 million in bitcoin.
GameStop reported a third-quarter profit on Tuesday as the videogame retailer ramps up its cost-saving efforts, including shutting stores and selling higher-margin goods.
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 swung to a profit in the first quarter despite falling sales as its collectibles business was the only segment to record growth. The video-game retailer on Tuesday posted a profit of $44. ...
GameStop’s shares sank 20% as the firm upsized its note offering by $500 million, signaling more potential Bitcoin acquisitions. ... Strategy announces pricing of IPO stock.
GameStop has around $10 per share in cash and shares trade for roughly two times that figure, Pachter added. "Without a hint of any strategy that would reasonably deploy capital, we do not see why ...
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 ...
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