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GameStop reports 3rd-quarter profit on spending cuts
GameStop Turns a Profit: So What? It's Still Not Worth Investing
GameStop (NYSE: GME) shares edged higher following its Q3 release, but so what? The report included a surprise profit, but the underlying cause and business metrics align with the trend. This company continues to contract and is consuming itself at investors' expense.
GameStop reports third-quarter profit on spending cuts
GameStop reported a third-quarter profit on Tuesday as the videogame retailer ramps up its cost-saving efforts, including shutting stores and selling higher-margin goods. CEO Ryan Cohen told investors in June the company would operate with "a smaller network and more value-added" items as a part of its attempt to boost sales and profitability.
GameStop Stock Rallies on Surprise Quarterly Profit
GameStop (GME) stock is rallying today, after the video game retailer reported a surprise profit for the third quarter
1d
on MSN
GameStop Sales Drop 20% From Last Year. The Stock Is Still Rising.
The results are due after the close of trading on Tuesday. Shares of the videogame retailer are up 59% this year.
1d
GameStop Swings to a Profit Despite Revenue Dip
GameStop shares, which popped over 10% in extended trading, were up about 54% for 2024 through Tuesday's close. Most of the ...
1d
Gamestop, US Steel, Walgreens, Rigetti Computing, Tesla: Why These 5 Stocks Are On Investors' Radars Today
The stock market experienced a downturn on Monday as the S&P 500 and Nasdaq Composite indices fell from their recent record ...
8h
These Stocks Moved the Most Today: Tesla, GameStop, Super Micro, Macy’s, Hershey, Dave & Buster’s, Walgreens, Stitch Fix, and More
Tesla stock sets an all-time intraday high, GameStop posts a surprise quarterly profit even as sales fall 20%, and Macy’s cuts its outlook.
14h
Citi forecasts robust sales for GTA VI: could it be a meaningful boost for GameStop?
Citi analyst Jason Bazinet forecasts strong sales for GTA VI upon its release in 2025. Here's why GameStop may or may not ...
2d
GameStop (GME) To Report Earnings Tomorrow: Here Is What To Expect
Video game retailer GameStop (NYSE:GME) will be reporting earnings tomorrow after market close. Here’s what to look for.
2d
A Peek at GameStop's Future Earnings
GameStop is at the bottom for Revenue Growth and Gross Profit, while its peers are showing positive growth. GameStop's Return ...
Shacknews
1d
GameStop (GME) Q3 2024 earnings results miss revenue expectations in spite of quarterly profit
GameStop’s latest earnings report was released at the close of markets today. GameStop made $860 million in revenue, missing the expectation of $888 million. While the company was expected to lose ...
6d
on MSN
GameStop Stock Soars After Roaring Kitty Tweet
Shares of GameStop popped on Thursday after Roaring Kitty, the online alias of meme stock ringleader Keith Gill, posted to X ...
6d
GameStop shares jump as cryptic 'Roaring Kitty' post sparks retail interest
Gill posted a picture of a Time magazine cover with a computer screen on social media platform X. Following his post, ...
Stocktwits on MSN
18h
GameStop Post Surprise Q3 Profit Despite Falling Sales: Stock Rises But Retail Sentiment Remains Sour
GameStop Corp. ($GME) stock rose in Wednesday’s premarket session after the video-game retailer reported mixed results for ...
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