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Key Takeaways GameStop posted a surprise profit but continues to lose revenue in core retail.The company is shifting into ...
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Zacks Investment Research on MSNGameStop (GME) Laps the Stock Market: Here's WhyGameStop (GME) closed at $23.68 in the latest trading session, marking a +1.98% move from the prior day. The stock exceeded the S&P 500, which registered a gain of 0.32% for the day. Meanwhile, the ...
GameStop Corp. GME delivered a notable improvement in its fiscal first-quarter 2025 results, driven largely by disciplined cost management and improved operational efficiency. The company slashed ...
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Zacks Investment Research on MSNHas GameStop Forged a Cost Path Toward Sustainable Profitability?GameStop Corp. GME delivered a notable improvement in its fiscal first-quarter 2025 results, driven largely by disciplined cost management and improved operational efficiency. The company slashed ...
GME's sharp cost cuts and efficiency push drive first-quarter profit despite a steep drop in hardware and software sales.
The company’s cost discipline supported a 3.4% rise in gross profit, which increased to $252.8 million from $244.5 million. Gross margin expanded significantly by 680 basis points to 34.5%, ...
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 fell double digits after-hours on June 11 after announcing its $1.75 billion convertible note offering at 0% interest, which could be used to buy Bitcoin.
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 announced the purchase of 4,710 bitcoins on Wednesday. The video game retailer said in March that it would start amassing crypto.
The purchase is a step in video game retailer GameStop's plan to improve profitability, in part by investing the company's cash in digital tokens.
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