Earnings are going to be growing at a faster rate than that...
WHY OR HOW?
GAMESTOP will get most of that revenue from new hardwale sales which is about 100 to 150% more expensive than older hardware.
Their refurbishment business is bringing a new sales that they didn't have before and hasn't even scratched the surface of how big it can get given the amount of stores that are offering it.
Their Digital businesses continues to grow and become a major % of their business model.
So, when you have all of these cylinders running in this company you are going to get EPS of about 5 to 6 dollars a share and a business that is growing sales and earnings 15% a year with fat OPERATING MARGINS and NO DEBT, and a Dividend should deserve a reasonable 15 to 17x P/E multiple. This is where $100 a share comes in.