The company said it is struggling to sell hardware in its stores around the world as more and more games are downloaded digitally if not simply ordered online. GameStop has announced that it will ...
like the closure of Game Informer after 33 years. GameStop also saved money in the past quarter by closing stores. The bulk of GameStop's revenue came from hardware and accessories, which came in ...
GameStop shares trade for twice as much as its cash holdings. A GameStop analyst sees no strategy from the video game retailer or reason to hold shares. A GameStop Corporation GME analyst is ...
The value of GameStop’s stock continued to decline on Wednesday after the video game retailer—often the focus of meme stock trading since a viral 2021 rally—reported a decline in sales ...
After closing 287 stores in 2023, GameStop has announced that it is anticipating the closure of a "larger number of stores" in the coming year.
GameStop investors received a sobering wakeup call on Wednesday after the video game retailer saw its stock plunge as much as 18%. The decline came after the struggling retailer announced its ...
Taking a trip to GameStop to sell a game or buy a new one is nostalgic for many, but it may soon be even harder to find a location. The company announced a large number of locations will close.
GameStop's financial results for the second quarter (ended August 3, 2024) showed a continuing decline for the company, with a 45% drop in sales year-on-year. Net sales amounted to $798 million ...
GameStop's (GME) second quarter sales declined year-over-year, missing Wall Street's expectations, but the video game retailer managed to swing to a surprise profit. Revenue in the latest was $798 ...
a decline in game sales as microtransactions proliferate, the growth of subscription services, and an ongoing hardware sales decline as major headwinds. Once again, GameStop (GME) does not have an ...
Shares of video game retailer GameStop (NYSE:GME) fell 14.8% in the morning session after the company reported second-quarter earnings results. Its revenue unfortunately declined and missed by a ...
Shares in GameStop fell 12 per cent on the share sale ... meme stock Bed Bath & Beyond would work his magic on their beloved games retailer. But, so far, there is little evidence of change beyond ...