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GameStop's pivot to the trading card market signals high-growth potential. Click to read why I'm upgrading GME to a Buy and ...
Key Takeaways GameStop posted a surprise profit but continues to lose revenue in core retail.The company is shifting into ...
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 ...
In a strategic repositioning, the GameStop CEO hints at a willingness to accept cryptocurrency in exchange of trading ...
GameStop Is Now Focused On Achieving Profitability. Here Is The Plan GameStop is refocusing on its brick-and-mortar stores and planning an initiative to motivate the company's staff.
While GameStop’s total gross profit remained stable at approximately $1.23 billion in 2024, compared to 2020, the reduced store count pushed gross profit per store to approximately $385,000 ...
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.
The other problem is that GameStop has already tried a diversification strategy in the past. It didn't work. The company acquired Spring Mobile, a retailer of wireless phones and plans, back in 2014.
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 ...
GameStop stock fell as much as 15% during the struggling video game retailer's annual shareholder meeting on Monday as the company gave few details on its strategy going forward.Chairman and CEO ...
GameStop has around $10 per share in cash and shares trade for roughly two times that figure, Pachter added. "Without a hint of any strategy that would reasonably deploy capital, we do not see why ...