GameStop Corp. GME and Best Buy Co., Inc. BBY stand at very different crossroads in the retail landscape. GameStop, once heavily dependent on physical video game sales, is in the midst of a deep ...

GameStop is set to announce its earnings during the last week of March. It's possible that the retailer could report an annual profit for the first time since 2018.

Under the leadership of Ryan Cohen, GameStop has been implementing a cost-cutting strategy that could result in a profitable year for the video game retailer. ... GameStop's Path to Profitability.

While GameStop’s total gross profit remained stable at approximately $1.23 billion in 2024, compared to 2020, the reduced store count pushed gross profit per store to approximately $385,000 ...

GameStop Corp. surprised investors with a quarterly profit in its second-quarter results Tuesday, but the videogame retailer still has many challenges ahead, according to analyst firm Wedbush.

GameStop stock fell as much as 15% during the struggling video game retailer's annual shareholder meeting on Monday as the company gave few details on its strategy going forward.Chairman and CEO ...

GameStop's CEO, Ryan Cohen, outlined plans to achieve profitability through cost cuts. A proposal suggesting GameStop adopt a Bitcoin standard by raising funds through a share issuance to invest ...

GameStop has around $10 per share in cash and shares trade for roughly two times that figure, Pachter added. "Without a hint of any strategy that would reasonably deploy capital, we do not see why ...

GameStop Echoes Strategy in Doubling Down on Bitcoin, Expects to Close More Stores in 2025. By Reuters | March 25, 2025. ... It also posted a rise in fourth-quarter profit, ...

GameStop eyes more store closures amid 20% sales drop The gaming retailer swung to a profit in Q3 even as it announced an exit from Germany and warned of higher store closures than previous years ...

Key Takeaways GameStop posted a surprise profit but continues to lose revenue in core retail.The company is shifting into ...