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GameStop has purchased a significant amount of Bitcoin as a reserve investment, although this action has caused share price ...
GameStop invests 10% of its cash in Bitcoin, shifting its strategy despite shrinking core business. Read more here.
Collectibles and trading cards have played a major role in GameStop’s recent financial turnaround, CEO Ryan Cohen said in an ...
As GameStop Corp. GME prepares to unveil its first-quarter fiscal 2025 earnings results on June 10 after market close, investors face an important decision: Should they buy the stock now or hold their ...
GameStop’s third quarter earnings report today shows it still has a lot of work to do before its turnaround strategy pays off ... high-potential categories of collectibles and pre-owned merchandise.
Hardware and Accessories: $451.2 million ($597.0 million) Software: $207.7 million ($397.0 million) Collectibles ... Michael Pachter said GameStop provided no strategy for its future as it ...
GameStop’s collectibles category generated $271 million ... It’s currently unclear how many locations have pivoted to the retro strategy since being announced in August. Indy 500 runner ...
GameStop said in a filing it acquired 4,710 bitcoins, its first bitcoin purchase since unveiling its plans in March to invest in the digital asset.
“GameStop announced accelerated store closures with its earnings, but with no replacement strategy in sight ... software revenue fell 48% and collectibles revenue declined 18%.
Although GameStop is generating income, the company appears to have no strategy to deploy the capital ... software fell 15% to $271.8 million; and collectibles declined 3.7% to $171.1 million.
"GameStop has roughly $10 per share in cash now, but without a hint of any strategy that would reasonably deploy capital, we do not see why shares trade at 2x cash." "[GameStop] shares trade at a ...
Gill originally forecast that GameStop, a retailer of new and used video games, consoles and collectibles, would grow revenues and earnings and embrace a transformative business strategy based on ...