Edition:
United States

GameStop Corp (GME.N)

GME.N on New York Stock Exchange

7.82USD
24 May 2019
Change (% chg)

$0.12 (+1.56%)
Prev Close
$7.70
Open
$7.71
Day's High
$7.86
Day's Low
$7.71
Volume
600,163
Avg. Vol
880,327
52-wk High
$17.26
52-wk Low
$7.68

Latest Key Developments (Source: Significant Developments)

Matcherino Enters Into Strategic Partnership With Gamestop To Facilitate Growth Of Esports Tournaments
Thursday, 4 Apr 2019 09:00am EDT 

April 4 (Reuters) - GameStop Corp ::MATCHERINO - ENTERED INTO A STRATEGIC PARTNERSHIP WITH GAMESTOP TO FACILITATE GROWTH OF ESPORTS TOURNAMENTS.  Full Article

Gamestop Remains Open To Reaching An Agreement With Hestia And Permit Following Additional Discussions
Friday, 29 Mar 2019 09:05am EDT 

March 29 (Reuters) - GameStop Corp ::GAMESTOP COMMENTS ON DIRECTOR NOMINATIONS.GAMESTOP CORP - "HAVE HAD EXTENSIVE CORRESPONDENCE AND HELD MULTIPLE DISCUSSIONS WITH HESTIA, PERMIT CAPITAL".GAMESTOP CORP - PROPOSED SETTLEMENT AGREEMENT REJECTED BY HESTIA AND PERMIT.GAMESTOP CORP - OFFERED TO NOMINATE ONE OF HESTIA AND PERMIT'S PROPOSED CANDIDATES.GAMESTOP CORP - ALSO PROPOSED TO APPOINT AN ADDITIONAL INDEPENDENT DIRECTOR TO BOARD, IN CONSULTATION WITH HESTIA AND PERMIT.GAMESTOP CORP - HESTIA AND PERMIT DECLINED TO PROVIDE INFORMATION ON DIRECTOR CANDIDATES, OTHER THAN HESTIA MANAGING MEMBER KURT WOLF.GAMESTOP CORP - REMAINS OPEN TO REACHING AN AGREEMENT WITH HESTIA AND PERMIT FOLLOWING ADDITIONAL DISCUSSIONS..GAMESTOP - WILL REVIEW HESTIA AND PERMIT'S NOTICE OF NOMINATIONS TO ASSESS WHETHER IT COMPLIES WITH CO'S AMENDED & RESTATED BYLAWS.GAMESTOP CORP - 2019 ANNUAL MEETING HAS NOT YET BEEN SCHEDULED.  Full Article

Gamestop Corp Announces Strategic Partnerships In Esports Space, Including An Alliance With Complexity Gaming
Wednesday, 27 Mar 2019 09:01am EDT 

March 27 (Reuters) - GameStop Corp ::GAMESTOP CORP - ANNOUNCING STRATEGIC PARTNERSHIPS IN ESPORTS SPACE, INCLUDING AN ALLIANCE WITH COMPLEXITY GAMING.GAMESTOP - CO & COMPLEXITY GAMING TO OPEN NEW GAMESTOP PERFORMANCE CENTER WHICH WILL SERVE AS NEW HEADQUARTERS FOR COMPLEXITY GAMING.  Full Article

Houston Outlaws Says GameStop Added As Official Partner For Overwatch League Team
Wednesday, 27 Mar 2019 08:00am EDT 

March 27 (Reuters) - GameStop Corp ::HOUSTON OUTLAWS SAYS ADDS GAMESTOP AS OFFICIAL PARTNER FOR OVERWATCH LEAGUE TEAM.  Full Article

Gamestop Says George Sherman Will Get A "Make Whole" Equity Award
Thursday, 21 Mar 2019 05:17pm EDT 

March 21 (Reuters) - GameStop Corp ::GAMESTOP SAYS SHERMAN WILL RECEIVE A "MAKE WHOLE" EQUITY AWARD WITH A GRANT DATE FAIR VALUE OF $6 MILLION - SEC FILING.GAMESTOP - GEORGE SHERMAN TO ALSO RECEIVE A 2019 ANNUAL EQUITY AWARD WITH A GRANT DATE FAIR VALUE OF $4.5 MILLION.  Full Article

Gamestop Says Various Banks Have Committed Credit Facilities To Prime Communications
Wednesday, 21 Nov 2018 01:33pm EST 

Nov 21 (Reuters) - GameStop Corp ::GAMESTOP CORP - VARIOUS BANKS HAVE COMMITTED TO PROVIDE $810 MILLION OF SENIOR SECURED CREDIT FACILITIES TO PRIME COMMUNICATIONS.GAMESTOP - PRIME COMMUNICATIONS MUST PAY A REVERSE TERMINATION FEE OF $25 MILLION IF DEAL TERMINATED DUE TO NON-RECEIPT OF DEBT FINANCING BY PRIME.GAMESTOP CORP - PRIME COMMUNICATIONS HAS OBTAINED A DEBT FINANCING COMMITMENT FOR TRANSACTION.  Full Article

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

Photo

GameStop forecasts surprise first-quarter loss, shares fall

GameStop Corp on Tuesday warned of a potential first-quarter loss as the world's largest video game retailer wrestles with slowing sales of video games and consoles at its stores.