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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.
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.
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GameStop's Next Chapter: Profits, $6B Balance Sheet and Bitcoin ...
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.
GameStop's fourth-quarter net income more than doubled to $131.3 million, compared to the same period last year, when it posted $63.1 million.
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 ...
Is GameStop trying to be the next Strategy? CEO Ryan Cohen gives a look into its Bitcoin treasury approach and talks crypto ...
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 ...
In a note released Wednesday, Wedbush raised its GameStop price target to $11.50 from $10, citing the company’s operating profit and its “substantial” cash hoard.
GameStop’s third-quarter net sales fell 20% to $860 million, down from $1.08 billion last year, the company said Tuesday. The retailer swung from a year-ago net loss of $3.1 million to net ...
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