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The GME stock slumps 10% in 3 months as core sales sink despite cost cuts, collectibles gains and strong cash reserves.
(Reuters) -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 ...
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 ...
GameStop's stock remains volatile, but even more concerning, the company's earnings gains are linked to cost cutting -- and revenue growth prospects aren't yet clear.
GameStop Corp (GME) shares dropped after-hours on Tuesday as the video game retailer reported mixed results for its first quarter, showing significant operational improvements amid a decline in ...
In its first-quarter (Q1) earnings report, GameStop reported a 17% decline in revenue year-over-year (YoY), to $732.4 million, missing the analysts' consensus estimate of $754.2 million.
GameStop Corp. shares are down more than 4% Wednesday after the videogame retailer's first-quarter revenue missed Wall Street's expectations, despite a fourth consecutive quarterly profit.