- American City Business Journals•13 minutes 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.
- Reuters•2 hours ago
GameStop's second quarter net sales fell to $1.63 billion from $1.76 billion, missing the analysts' average estimate of $1.72 billion, according to Thomson Reuters I/B/E/S. Video game sales were impacted by a lack of new titles to offset strong title launches in the year-ago quarter, such as "Batman: Arkham Knight" and "Elder Scrolls Online", the company said on Thursday. Sales from the new video game hardware business fell about 33 percent to $216.4 million for the second quarter ended July 30.
GameStop Corp. (GME)
NYSE - NYSE Real Time Price. Currency in USD
|Bid||29.65 x 1100|
|Ask||29.66 x 3500|
|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%)|