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Key Takeaways GameStop posted a surprise profit but continues to lose revenue in core retail.The company is shifting into ...
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.
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.
GameStop CEO Matt Furlong said the company's aim is to create a path toward full-year profitability in the future. For the full year, GameStop had $1.39 billion in cash and cash equivalents on ...
Shares of GameStop Corp (NYSE:GME) are pushing higher in Monday afternoon trading, seeing a spike in volatility despite a ...
GameStop's current asset turnover ratio is 2.08x, versus an industry average of just 1x.; GameStop's current focus on "extreme frugality" involves strategic cost-cutting and streamlining measures ...
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Zacks Investment Research on MSNGameStop Stock Falls 10% in 3 Months: Time to Buy, Hold or Sell?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 ...
In a strategic repositioning, the GameStop CEO hints at a willingness to accept cryptocurrency in exchange of trading ...
Video game retailer GameStop (NYSE: GME) managed double-digit comparable-sales growth during the fourth quarter thanks to strong demand for the Nintendo Switch. But that's where the good news ...
It has been over 3 months since the first massive short squeeze in GameStop (NYSE:GME) stock. Since then, trading interest and social media chatter around GME stock has died down. Many traders ...
GameStop is closing 120-130 of its video game stores and expanding tech-focused stores selling mobile phones and electronics. This mirrors RadioShack's failing strategy, and with competition from ...
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