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GameStop Corp (GME)

GME on New York Consolidated

22.67USD
24 May 2017
Change (% chg)

$0.01 (+0.04%)
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Latest Key Developments (Source: Significant Developments)

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

Gamestop reports Q1 adj earnings of $0.66 per share
Thursday, 26 May 2016 04:05pm EDT 

Gamestop Corp : For q2 of fiscal 2016, Gamestop expects comparable store sales to range from -7.0% to -4.0% . Qtrly total global sales decreased 4.3% to $1.97 billion, while consolidated comparable store sales declined 6.2% . Sees FY comparable store sales range of -3.0% to 0.0% . Q1 consolidated comparable store sales declined 6.2% (-6.6% in u.s. And -4.9% internationally) . For Q2 of fiscal 2016, Gamestop expects diluted earnings per share are expected to range from $0.23 to $0.3 . Fy2017 earnings per share view $4.04, revenue view $9.53 billion -- Thomson Reuters I/B/E/S . Q2 earnings per share view $0.33, revenue view $1.80 billion -- Thomson Reuters I/B/E/S . Q1 revenue view $1.97 billion -- Thomson Reuters I/B/E/S . Gamestop reports first quarter 2016 results . Q1 adjusted earnings per share $0.66 . Q1 earnings per share view $0.61 -- Thomson Reuters I/B/E/S . Reaffirms fy 2016 earnings per share view $3.90 to $4.05 .Q1 earnings per share $0.63 including items.  Full Article

GameStop Corp announces the pricing of its $475 million offering of 6.75% senior notes due 2021
Friday, 4 Mar 2016 04:40pm EST 

GameStop Corp:Announces the pricing of its $475 million offering of 6.75% senior notes due 2021.Says notes will bear interest at a rate of 6.75%.Notes will pay interest semi-annually in cash in arrears on March 15 and September 15 of each year, beginning on September 15, 2016.  Full Article

GameStop Corp announces $400 million private offering of senior notes
Wednesday, 2 Mar 2016 08:00am EST 

GameStop Corp:Intends to offer and sell $400 million in aggregate principal amount of unsecured senior notes due 2021.Intends to use the net proceeds from the Notes Offering for general corporate purposes.  Full Article

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BRIEF-GameStop CEO J. Paul Raines' total compensation for 2016 was $7.8 mln

* GameStop Corp - CEO J. Paul Raines' total compensation for 2016 was $7.8 million versus $9.1 million in 2015 Source text: (http://bit.ly/2qobNdf) Further company coverage: