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GameStop Corp (GME.N)

GME.N on New York Stock Exchange

15.29USD
4:01pm EDT
Change (% chg)

$0.41 (+2.76%)
Prev Close
$14.88
Open
$14.97
Day's High
$15.30
Day's Low
$14.78
Volume
688,130
Avg. Vol
887,421
52-wk High
$20.55
52-wk Low
$12.20

Latest Key Developments (Source: Significant Developments)

Gamestop To Hold Off Making Additional Acquisitions - Conf Call
Thursday, 31 May 2018 04:30pm EDT 

May 31 (Reuters) - GameStop Corp ::GAMESTOP CORP SAYS WILL HOLD OFF MAKING ADDITIONAL ACQUISITIONS IN THE NEAR TERM - CONF CALL.GAMESTOP CORP INTERIM CEO SHANE KIM SAYS "I'M NOT A CANDIDATE FOR THE JOB PERMANENTLY" - CONF CALL.GAMESTOP CORP SAYS EXPECTS AT&T TO BE PROMOTIONAL IN THE SECOND HALF OF THE YEAR - CONF CALL.  Full Article

Hedge Fund Tiger Management Sends Letter To Gamestop Urging Retailer To Adopt A Turnaround Plan - CNBC
Wednesday, 16 May 2018 08:10am EDT 

May 16 (Reuters) - :HEDGE FUND TIGER MANAGEMENT SENDS LETTER TO GAMESTOP URGING RETAILER TO ADOPT A TURNAROUND PLAN - CNBC.HEDGE FUND TIGER MANAGEMENT IN LETTER TO GAMESTOP URGED CO TO PAUSE DESTRUCTIVE ACQUISITIONS, DIVEST SOME BUSINESSES, AND BUY BACK STOCK - CNBC.  Full Article

GameStop CEO Michael Mauler Resigns
Friday, 11 May 2018 09:09am EDT 

May 11 (Reuters) - GameStop Corp ::GAMESTOP ANNOUNCES APPOINTMENT OF DANIEL A. DEMATTEO AS INTERIM CHIEF EXECUTIVE OFFICER AND RESIGNATION OF MICHAEL K. MAULER.GAMESTOP - DEMATTEO WILL CONTINUE TO SERVE AS EXECUTIVE CHAIRMAN AND DIRECTOR.  Full Article

Gamestop Sees FY 2017 Earnings Per Share $3.10 To $3.40
Friday, 12 Jan 2018 08:00am EST 

Jan 12 (Reuters) - Gamestop Corp ::SEES FY 2017 EARNINGS PER SHARE $3.10 TO $3.40.- TOTAL GLOBAL SALES FOR HOLIDAY PERIOD WERE $2.77 BILLION, A 10.6 PCT INCREASE COMPARED TO 2016 HOLIDAY PERIOD.- TOTAL COMPARABLE STORE SALES INCREASED 11.8 PCT FOR HOLIDAY PERIOD ENDED DEC 30, 2017.GAMESTOP - EXPECTS TO RECORD NON-CASH IMPAIRMENT CHARGES IN RANGE OF $350 MILLION TO $400 MILLION IN Q4, PRIMARILY RELATED TO ITS TECHNOLOGY BRANDS BUSINESS.- EXPECTS ADJUSTED EPS NEAR MIDDLE OF PREVIOUSLY ANNOUNCED FY 2017 GUIDANCE OF $3.10 TO $3.40.GAMESTOP - EXPECTED Q4 IMPAIRMENT CHARGES ALSO PRIMARILY DUE TO CHANGES MADE BY AT&T TO COMPENSATION STRUCTURE IN 2017.- EXPECTED Q4 IMPAIRMENT CHARGES ARE PRIMARILY DUE TO NEGATIVE IMPACT OF A LONGER UPGRADE CYCLE FOR NEW MOBILE DEVICES.- EXPECTS FY 2017 COMPARABLE STORE SALES TO INCREASE BETWEEN 4 PERCENT TO 6 PERCENT COMPARED TO COMPARABLE FIFTY-THREE-WEEK PERIOD.FY EARNINGS PER SHARE VIEW $3.32 -- THOMSON REUTERS I/B/E/S.  Full Article

Gamestop Q3 adj EPS $0.54
Tuesday, 21 Nov 2017 04:05pm EST 

Nov 21 (Reuters) - Gamestop Corp :Gamestop reports third quarter 2017 results.Q3 adjusted earnings per share $0.54.Q3 GAAP earnings per share $0.59 including items.Q3 earnings per share view $0.42 -- Thomson Reuters I/B/E/S.Reaffirms FY 2017 earnings per share view $3.10 to $3.40.Q3 sales $1.99 billion versus I/B/E/S view $1.96 billion.Gamestop Corp - ‍expects full-year comparable store sales to increase in low-to-mid single digits​.Gamestop Corp qtrly ‍consolidated comparable store sales growth of 1.9%​.FY2017 earnings per share view $3.69 -- Thomson Reuters I/B/E/S.  Full Article

GameStop appoints Daniel Dematteo as interim CEO
Tuesday, 14 Nov 2017 09:15am EST 

Nov 14 (Reuters) - GameStop Corp :GameStop appoints Daniel A. Dematteo as interim CEO.GameStop Corp - ‍chief Executive Officer, J. Paul Raines, has had a reoccurrence of his previously disclosed medical issue and is seeking treatment​.GameStop Corp - ‍Dematteo will continue to serve as executive chairman and director​.  Full Article

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GameStop misses profit estimate, shares fall

GameStop Corp , the world's largest video game and gaming console retailer, reported a lower-than-expected quarterly profit on Thursday due to lower sales of video game software at its outlets.