Profile: GameStop Corp (GME)
26 May 2017
GameStop Corp., incorporated on April 13, 2005, is an omnichannel video game retailer. The Company sells video game hardware, physical and digital video game software, video game accessories, as well as mobile and consumer electronics products and other merchandise through its GameStop, EB Games and Micromania stores. The Company operates its business in five segments, which consists of four Video Game Brands segments: United States, Canada, Australia and Europe, and Technology Brands segment. Each of the Video Game Brands segments consists primarily of retail operations, with all stores engaged in the sale of new and pre-owned video game systems, software and accessories, which it refers to as video game products. Its Video Game Brands stores sell various types of digital products, including downloadable content, network points cards, prepaid digital, prepaid subscription cards and digitally downloadable software, and also sell certain mobile and consumer electronics products and collectible products. Its Technology Brands segment includes its Spring Mobile and Simply Mac businesses.
The Company's United States segment included retail GameStop operations in 50 states, the District of Columbia, Puerto Rico and Guam as of January 28, 2017. It also includes the electronic commerce Websites, such as www.gamestop.com and www.thinkgeek.com; Game Informer magazine, and Kongregate, a platform for Web and mobile gaming. The Company operated 3,944 stores in the United States as of January 28, 2017.
The Company's Canada segment includes retail operations in Canada and an e-commerce site. The Company operated 322 stores in Canada as of January 28, 2017.
The Company's Australia segment includes retail operations and e-commerce sites in Australia and New Zealand. The Company's Australia segment operated 464 stores as of January 28, 2017.
The Company's Europe segment included retail operations in 10 European countries and e-commerce operations in four countries as of January 28, 2017. The Company operated 1,283 stores in Europe as of January 28, 2017.
Technology Brands segment
The Technology Brands segment's Spring Mobile operated 1,403 AT&T branded wireless retail stores and 69 Cricket branded pre-paid wireless stores as of January 28, 2017. The AT&T branded stores sell both pre and post-paid AT&T services, DirecTV service and wireless products, as well as related accessories and other consumer electronics products. Pre-paid AT&T services, wireless devices and related accessories are sold through the Cricket branded stores. Simply Mac operated 50 Simply Mac branded stores as of January 28, 2017. Simply Mac sells Apple products, including desktop computers, laptops, tablets and smart phones and related accessories and other consumer electronics products. Simply Mac also offers certified training, warranty and repair services to its customers.
The Company competes with Wal-Mart Stores, Inc., Target Corporation, Amazon.com, Inc., Best Buy Co., Inc., Media Markt, Saturn, FNAC, Carrefour, Auchan, K-Mart, JB HiFi stores, Verizon, Sprint, T-Mobile, AT&T, Boost, GoPhone and MetroPCS.
625 Westport Pkwy
GRAPEVINE TX 76051-6740
Company Web Links
- GameStop posts strong first-quarter sales, but leaves forecast unchanged
- UPDATE 2-GameStop posts strong 1st-qtr sales, but leaves forecast unchanged
- GameStop posts first sales increase in five quarters
- BRIEF-Gamestop Q1 adjusted earnings per share $0.63
- BRIEF-GameStop CEO J. Paul Raines' total compensation for 2016 was $7.8 mln