Welcome to our dedicated page for Gamestop news (Ticker: GME), a resource for investors and traders seeking the latest updates and insights on Gamestop stock.
GameStop Corp (GME) is a leading specialty retailer at the intersection of gaming, consumer electronics, and pop culture. This page aggregates official corporate communications and verified news developments, providing stakeholders with a centralized resource for tracking material events.
Investors and analysts will find timely updates including quarterly earnings disclosures, executive leadership announcements, strategic partnerships, and product launch details. All content is curated to meet regulatory standards while maintaining accessibility for both professional and casual observers of the company.
The archive includes press releases covering financial results, store operations updates, e-commerce initiatives, and corporate governance matters. Each entry is categorized for efficient navigation, reflecting GameStop's unique position in retail gaming and technology markets.
Bookmark this page for direct access to primary source materials from GameStop's investor relations team. Check regularly for updates on the company's omnichannel strategy, inventory developments, and responses to industry trends.
GameStop reported its financial results for Q4 and the fiscal year ended January 28, 2023. Net sales in Q4 reached $2.226 billion, slightly down from $2.254 billion year-over-year. However, the company posted a net income of $48.2 million, a significant improvement from a net loss of $147.5 million in the previous year. SG&A expenses decreased to 20.4% of sales, down from 23.9%. For the full fiscal year, sales totaled $5.927 billion, compared to $6.011 billion in 2021. GameStop is focusing on efficiency, profitability, and long-term growth, particularly in collectibles. Cash and equivalents stood at $1.391 billion.
GameStop Corp. (NYSE: GME) will report its fourth quarter and full year fiscal 2022 results after the market closes on Tuesday, March 21, 2023. An investor conference call will follow at 5:00 pm ET to discuss these results. This call, along with supplemental information, will be accessible via GameStop's investor relations website at https://investor.gamestop.com/. Interested parties can join the conference call by dialing 1-877-407-6169 with confirmation code 13736983. A recording will also be available afterwards.
GameStop Corp. (NYSE: GME) reported third-quarter financial results for the period ending October 29, 2022. Net sales decreased to $1.186 billion, down from $1.297 billion in the same quarter last year. However, the company experienced strong sales from new brand partnerships and collectibles. SG&A expenses fell to $387.9 million, representing 32.7% of sales, down from 32.5% last year. The inventory was $1.131 billion, with cash and equivalents at $1.042 billion. Long-term debt remains minimal, primarily due to a low-interest loan related to COVID-19.
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