- Reuters•5 hours ago
Analysts on average were expecting a profit of 53 cents, according to Thomson Reuters I/B/E/S. Sales in the company's gaming business have been on a downward spiral as video game publishers nudge consumers to buy games on their consoles directly instead of stores. Sales from the new video game hardware business fell about 33 percent to $216.4 million for the second quarter ended July 30.
- American City Business Journals•5 hours ago
A lack of major video game titles fueled a dip in revenue and same store sales for GameStop Corp. (GME) during the second quarter. Accounting for the sales losses, GameStop pointed to a lack of blockbuster title releases during the quarter. “The key move for GameStop is to become more than just a physical store where one can buy games,” said Jason Moser, an analyst for Million Dollar Portfolio at The Motley Fool.
GameStop Corp. (GME)
NYSE - NYSE Real Time Price. Currency in USD
|Bid||29.50 x 1100|
|Ask||29.63 x 100|
|Day's Range||31.28 - 32.25|
|52wk Range||24.33 - 47.62|
|1y Target Est||N/A|
Trade prices are not sourced from all markets
|P/E Ratio (ttm)||8.60|
|Avg Vol (3m)||2,776,073|
|Dividend & Yield||1.48 (4.61%)|