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GameStop Corp (GME.N)

GME.N on New York Stock Exchange

13.03USD
19 Nov 2018
Change (% chg)

$0.24 (+1.88%)
Prev Close
$12.79
Open
$12.84
Day's High
$13.16
Day's Low
$12.77
Volume
755,648
Avg. Vol
683,088
52-wk High
$20.31
52-wk Low
$12.20

Latest Key Developments (Source: Significant Developments)

Gamestop Reports Q4 Adjusted Earnings Per Share Of $2.02
Wednesday, 28 Mar 2018 04:05pm EDT 

March 28 (Reuters) - Gamestop Corp ::GAMESTOP REPORTS SALES AND EARNINGS FOR FOURTH QUARTER AND FISCAL YEAR 2017 AND PROVIDES 2018 OUTLOOK.Q4 ADJUSTED EARNINGS PER SHARE $2.02.Q4 GAAP LOSS PER SHARE $1.04.Q4 EARNINGS PER SHARE VIEW $1.97 -- THOMSON REUTERS I/B/E/S.QTRLY TOTAL GLOBAL SALES INCREASED 15.0% TO $3.50 BILLION.QTRLY CONSOLIDATED COMPARABLE STORE SALES GROWTH OF 12.2%.SEES 2018 TOTAL SALES DOWN 2.0% TO 6.0%.SEES 2018 COMPARABLE STORE SALES FLAT TO DOWN 5%.SEES 2018 ADJUSTED EARNINGS PER SHARE $3.00 TO $3.35.SEES 2018 CAPITAL EXPENDITURES $110.0 MILLION TO $120.0 MILLION.POSITIVE IMPACT OF TAX REFORM WAS $0.03 PER DILUTED SHARE IN QUARTER.Q4 REVENUE VIEW $3.27 BILLION -- THOMSON REUTERS I/B/E/S.FY2018 EARNINGS PER SHARE VIEW $3.26, REVENUE VIEW $8.97 BILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Gamestop Names Michael K. Mauler As Its New CEO
Tuesday, 6 Feb 2018 04:05pm EST 

Feb 6 (Reuters) - Gamestop Corp ::GAMESTOP NAMES MICHAEL K. MAULER AS ITS NEW CHIEF EXECUTIVE OFFICER.GAMESTOP CORP - MAULER WILL ALSO JOIN GAMESTOP'S BOARD OF DIRECTORS..  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

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

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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.