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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.
Key Takeaways GameStop posted a surprise profit but continues to lose revenue in core retail.The company is shifting into ...
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 ...
Shares of GameStop Corp (NYSE:GME) are pushing higher in Monday afternoon trading, seeing a spike in volatility despite a ...
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 eyes more store closures amid 20% sales drop The gaming retailer swung to a profit in Q3 even as it announced an exit from Germany and warned of higher store closures than previous years ...
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.
GameStop Corp. (NYSE:GME ... The company reported a loss of 12 cents per share in the first quarter and a profit of 1 ... Wedbush analyst Michael Pachter said GameStop provided no strategy for its ...
GameStop is set to announce its earnings during the last week of March. It's possible that the retailer could report an annual profit for the first time since 2018.
GameStop Echoes Strategy in Doubling Down on Bitcoin, Expects to Close More Stores in 2025. By Reuters | March 25, 2025. ... It also posted a rise in fourth-quarter profit, ...
GameStop has acquired 4,710 bitcoins as a hedge, CEO Ryan Cohen has said, keeping capital allocation cautious amid wider funding plans.