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GameStop Corp (GME.N)

GME.N on New York Stock Exchange

20.13USD
20 Oct 2017
Change (% chg)

$0.08 (+0.40%)
Prev Close
$20.05
Open
$20.13
Day's High
$20.32
Day's Low
$20.05
Volume
559,293
Avg. Vol
594,435
52-wk High
$26.84
52-wk Low
$18.47

Latest Key Developments (Source: Significant Developments)

Gamestop ‍offers up to $400 cash on trading-in smartphones for Apple iPhone X, iPhone 8, iPhone 8 Plus​
Tuesday, 12 Sep 2017 02:45pm EDT 

Sept 12 (Reuters) - Gamestop Corp::Offering up to $400 cash when customers trade-in current generation smartphones for Apple iPhone X, iPhone 8, or iPhone 8 plus​.  Full Article

GameStop Corp reports qtrly earnings per share of $0.22
Thursday, 24 Aug 2017 04:05pm EDT 

Aug 24 (Reuters) - GameStop Corp ::GameStop reports second quarter 2017 results.Q2 adjusted earnings per share $0.15.Q2 earnings per share $0.22.Q2 earnings per share view $0.16 -- Thomson Reuters I/B/E/S.Reaffirms FY 2017 earnings per share view $3.10 to $3.40.Collectibles business is on track to meet 2017 revenue target of $650 million to $700 million​.Q2 sales $1.69 billion versus I/B/E/S view $1.64 billion.Is reiterating its full-year diluted earnings per share guidance of $3.10 to $3.40​.Qtrly consolidated comparable store sales growth of 1.9 pct.Now expect full-year comparable store sales to be at high end of previously stated guidance range of down 5.0 pct to 0.0 pct​.‍"Q2 sales results were driven by continued strong demand for Nintendo Switch and collectibles"​.Looking at H2 2017, Nintendo Switch, launch of Microsoft's Xbox One X, slate of AAA titles should drive growth in video game category​.Collectibles business is on track to meet its 2017 revenue target of $650 million to $700 million​.  Full Article

Gamestop Q1 adjusted earnings per share $0.63
Thursday, 25 May 2017 04:05pm EDT 

May 25 (Reuters) - Gamestop Corp :Gamestop reports first quarter 2017 results.Q1 adjusted earnings per share $0.63.Q1 earnings per share $0.58.Q1 earnings per share view $0.51 -- Thomson Reuters I/B/E/S.Reaffirms fy 2017 earnings per share view $3.10 to $3.40.Q1 sales $2.05 billion versus i/b/e/s view $1.94 billion.Gamestop corp - 2.3% increase in qtrly same store sales.Gamestop corp- no longer providing quarterly eps or same store sales guidance.Gamestop corp - ‍ reiterating annual guidance for comparable store sales range of -5.0% to 0.0%​.Fy2018 earnings per share view $3.29 -- Thomson Reuters I/B/E/S.Gamestop corp - "‍international operations were particularly strong, driven by robust sales of nintendo switch and collectibles​" in quarter.  Full Article

Gamestop announces new supply of Nintendo switch systems
Wednesday, 26 Apr 2017 09:30am EDT 

April 26 (Reuters) - GameStop Corp ::GameStop announces new supply of Nintendo switch systems available just in time for the launch of Mario Kart 8 deluxe.GameStop - GameStop will offer Nintendo switch system for $299.99.Gamestop Corp - will offer mario kart 8 deluxe for $59.99.  Full Article

Gamestop Corp says Q4 GAAP earnings per share $2.04
Thursday, 23 Mar 2017 04:05pm EDT 

Gamestop Corp : Gamestop reports sales and earnings for fiscal 2016 and provides 2017 outlook . Reports FY 2016 collectibles business revenue up 59.5 percent . Reports FY 2016 collectibles business revenue $494.1 million . Qtrly total global sales decreased 13.6% to $3.05 billion, while consolidated comparable store sales declined 16.3% . Q4 adjusted earnings per share $2.38 . Q4 GAAP earnings per share $2.04 . Q4 earnings per share view $2.28 -- Thomson Reuters I/B/E/S . Sees FY 2017 total sales in range of down 2.0% to up 2.0% . Sees 2017 capital expenditures $110.0 million to $120.0 million . Sees 2017 earnings per share $3.10 to $3.40 . FY2017 earnings per share view $3.69, revenue view $8.64 billion -- Thomson Reuters I/B/E/S . Sees 2017 comparable store sales (excludes tech brands stores) down 5.0 percent to flat .In 2017 company also anticipates that it will close between 2% to 3% of its global store footprint.  Full Article

Gamestop increases annual cash dividend
Wednesday, 1 Mar 2017 09:00am EST 

Gamestop Corp : Gamestop increases annual cash dividend . Sets regular quarterly dividend of $0.38 per share .Gamestop Corp says board of directors approved a 2.7% increase of its regular annual cash dividend from $1.48 to $1.52 per share.  Full Article

GameStop reports 2016 holiday sales results
Friday, 13 Jan 2017 07:42am EST 

GameStop Corp : GameStop Corp - Total global sales for holiday period were $2.50 billion, a 16.4% decline compared to 2015 holiday sales period . GameStop reports 2016 holiday sales results . GameStop Corp - Total comparable store sales decreased 18.7% for holiday period . Reiterating its previously announced Q4 and full-year 2016 earnings per share guidance of $2.23 to $2.38 and $3.65 to $3.80 . GameStop Corp - November's comp was significantly impacted by weak Call of Duty: Infinite Warfare and Titanfall 2 sales . GameStop Corp - "We are disappointed with our overall results, but looking broadly, we did see continued growth in our non-physical gaming businesses" . Intends to repurchase $75 million of stock in fiscal 2016 . GameStop Corp - Comparable store sales for Q4 are now expected to be in a range of down 18.0% to down 16.0% . GameStop Corp - November's comp was also significantly impacted by "aggressive console promotions on Thanksgiving Day and Black Friday" .Q4 earnings per share view $2.32 -- Thomson Reuters I/B/E/S.  Full Article

Gamestop reports Q3 earnings per share $0.49
Tuesday, 22 Nov 2016 04:05pm EST 

Gamestop Corp - : Quarterly total global sales decreased 2.8% to $1.96 billion . Quarterly consolidated comparable store sales declined 6.5% . Gamestop expects comparable store sales to range from -12.0% to -7.0% for q4 . Q3 sales $1.96 billion versus I/B/E/S view $1.99 billion . Q3 earnings per share view $0.47 -- Thomson Reuters I/B/E/S . Gamestop reports third quarter 2016 results . Q3 earnings per share $0.49 .Reaffirms FY 2016 earnings per share view $3.65 to $3.80.  Full Article

GameStop sees Q3 revenue growth to range between 2-5 pct - Conf call
Thursday, 25 Aug 2016 06:14pm EDT 

Gamestop Corp : Expects Q3 revenue growth to range between 2 percent - 5 percent - CFO Rob Lloyd . Expects to buy back between $75 million and $125 million this year - CFO Rob Lloyd Further company coverage: [GME.N] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

Gamestop Q2 non-GAAP earnings per share $0.27
Thursday, 25 Aug 2016 04:01pm EDT 

Gamestop Corp : Q2 non-GAAP earnings per share $0.27 . Q2 earnings per share $0.27 . Q2 earnings per share view $0.27 -- Thomson Reuters I/B/E/S . Reaffirms FY 2016 earnings per share view $3.90 to $4.05 . For Q3 of fiscal 2016, gamestop expects comparable store sales to range from -2.0 percent to 1.0 percent . Quarterly total global sales decreased 7.4 percent to $1.63 billion . Quarterly Consolidated Comparable Store Sales Declined 10.6 percent (12.5 percent in U.S. And -5.9 percent internationally) . Diluted earnings per share are expected to range from $0.53 to $0.58 for Q3 of fiscal 2016 . FY 2016 comparable store sales are now expected to range of -4.5 percent to -1.5 percent .Q3 earnings per share view $0.53 -- Thomson Reuters I/B/E/S.  Full Article

BRIEF-Gamestop ‍offers up to $400 cash on trading-in smartphones for Apple iPhone X, iPhone 8, iPhone 8 Plus​

* Offering up to $400 cash when customers trade-in current generation smartphones for Apple iPhone X, iPhone 8, or iPhone 8 plus​ Source text for Eikon: Further company coverage: