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Green shoots have appeared in GameStop’s (NYSE: GME) results. The turnaround efforts have resulted in operating profitability, but it may not be sufficient to sustain the company's business.
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 ...
By Zaheer Kachwala (Reuters) -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’s single bullish factor is the cash balance, which swelled by 500% over the last year. Now over $4.6 billion, the interest income on the balance is enough to sustain the operation until ...
Lifted by GameStop's surprise third-quarter profit, the company's stock ended Wednesday's session up 7.6%, registering their biggest daily percentage gain since Nov. 11, when they gained 9.6%.
GameStop's pivot to the trading card market signals high-growth potential. Click to read why I'm upgrading GME to a Buy and ...
GameStop Corp. GME has experienced a significant decline over the past three months, with its shares plummeting 10.4%, underperforming the Zacks industry's rally of 28.9%. The company also trailed the ...
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 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 ...
GameStop’s single bullish factor is the cash balance, which swelled by 500% over the last year. Now over $4.6 billion, the interest income on the balance is enough to sustain the operation until ...