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GameStop reported $798 million in net sales through its second quarter, down 31% from the same period last year ($1.1 billion) and below analyst estimates of $896 million, according to FactSet.
GameStop Corp. posted the biggest quarterly drop in revenue in two years, showing the struggling video game retailer’s efforts to boost digital purchases haven’t compensated for a decline in ...
GameStop shares fell 7% before the bell on Thursday on signs that it will take longer for the brick-and-mortar videogame retailer to stem a revenue decline due to tough competition and weak demand.
Videogame retailer GameStop reported a decline in first-quarter revenue on Tuesday as customers increasingly opted for digital downloads over purchases at its brick-and-mortar stores, sending its ...
GameStop saw its stock drop over 3.5% after-hours on Tuesday, after reporting a steep 17% decline in first-quarter revenue, landing at $732.4M, down from $881.8M a year earlier.
Analysts see the company posting revenue of $2.18 billion in the fourth quarter, a year-over-year decline of 3.3%. The estimate for earnings per share is a loss of 13 cents compared to a loss of ...
In a filing made with the SEC, GameStop said it expects first-quarter revenue to decline nearly 30% year-over-year to a range of $872 million to $892 million, and that it expects to see a net loss ...
GameStop Corp. reported third-quarter results that missed analysts’ estimates as well as a revenue decline after the market close on Wednesday. GameStop GME said it lost $94.7 million, or 31 ...
GameStop Corp. reported a sharp decline in revenue on Friday while separately filing to sell more stock. Its stock was down about 5% shortly after Friday’s open.
GameStop Reports Revenue Decline Amid Broader Gaming Slump. Cecilia D'Anastasio . Wed, Dec 7, 2022, 5:31 PM 2 min read. In This Article: GME (Bloomberg) -- GameStop Corp. posted the biggest ...