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GameStop Corp (GME)

GME on New York Consolidated

18.64USD
14 Dec 2017
Change (% chg)

$-0.03 (-0.16%)
Prev Close
$18.67
Open
$18.81
Day's High
$18.93
Day's Low
$18.34
Volume
1,429,051
Avg. Vol
3,098,380
52-wk High
$26.68
52-wk Low
$15.85

Latest Key Developments (Source: Significant Developments)

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

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

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GameStop posts surprise rise in comparable sales, raises forecast

GameStop Corp , the world's largest video game and gaming console retailer, reported a surprise rise in quarterly comparable store sales and raised its full-year forecast for the sales amid a continued rise in demand for the Nintendo Switch console.