GameStop's Q1 Financial Results and Equity Offering Overview
Friday, 7 June 2024, 11:16
GameStop's Q1 Results and Equity Offering
GameStop Corp (NYSE:GME) released its first-quarter 2024 results, reporting net sales of $881.80 million, with an EPS loss of $(0.12), missing estimates.
Sales Impact and Transition
The company's performance reflects the growing trend of online sales and collectibles, indicating a shift in customer behavior.
- Net Sales: $881.80 million
- EPS: $(0.12)
- Missed estimates and reflects customer shift to online sales.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.