STATEN ISLAND, N.Y. -- After closing 287 stores in 2023, GameStop has announced that it is anticipating the closure of a ...
The company said it is struggling to sell hardware in its stores around the world as more and more games are downloaded digitally if not simply ordered online. GameStop has announced that it will ...
Gamestop's Sales Freefall Continues, More Stores Close. Gamestop plans to close more stores as their sales fall 45% ...
“This trend is likely to continue, but at the same time, GameStop committed to accelerating its store closures while secular trends are unlikely to shift in the near-term. As a result, we expect ...
GameStop stock is plunging Wednesday after the video-game retailer said sales declined in Q2 and that it's selling shares to ...
"While we admire GameStop's ability to manage operating losses, we think it would be just as reasonable for management to close all of its stores and operate as a bank," Pachter said. GameStop ...
GameStop reported net income of $14.8 million, or $0.04 a share, in the quarter ended Sept. 10, compared to a loss of $2.8 million, or $0.01 a share, in the year-ago period. Adjusted earnings were ...
GameStop has announced that it plans to shut down more stores amid dwindling sales. The retailer said it is struggling to sell new and used video game discs in-store as Americans shift toward ...
GameStop's ongoing store closures and competition will likely lead to continued revenue decline and operational challenges.
GameStop Corp., which reports second-quarter results after market close on Sept. 10, continues to face a slew of challenges, according to analyst firm Wedbush. “We expect an in-line quarter for ...
However, GameStop (GME) "continues to face a near insurmountable barrier to its ... and does not help investors understand the pace of store closures or the performance of new revenue categories ...
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