Gamestop Corporation - Class A logo

GME

Gamestop Corporation - Class A

$38.45

Earnings Summary

Revenue
$1378.4Mn
Net Profits
$-157.9Mn
Net Profit Margins
-11.46%

Highlights

Revenue:

Gamestop Corporation - Class A’s revenue jumped 7.96% since last year same period to $1378.4Mn in the Q2 2022. On a quarterly growth basis, Gamestop Corporation - Class A has generated -38.84% fall in its revenue since last 3-months.

Net Profits:

Gamestop Corporation - Class A’s net profit fell -136.38% since last year same period to $-157.9Mn in the Q2 2022. On a quarterly growth basis, Gamestop Corporation - Class A has generated -7.05% fall in its net profits since last 3-months.

Net Profit Margins:

Gamestop Corporation - Class A’s net profit margin fell -118.95% since last year same period to -11.46% in the Q2 2022. On a quarterly growth basis, Gamestop Corporation - Class A has generated -75.04% fall in its net profit margins since last 3-months.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Gamestop Corporation - Class A post its latest quarter earnings

EPS Estimate Current Quarter
-0.38
EPS Estimate Current Year
-0.38

Highlights

EPS Estimate Current Quarter:

Gamestop Corporation - Class A’s earning per share (EPS) estimates for the current quarter stand at -0.38 - a -5.56% fall from last quarter’s estimates.

EPS Estimate Current Year:

Gamestop Corporation - Class A’s earning per share (EPS) estimates for the current year stand at -0.38.

Key Ratios

Key ratios of the Gamestop Corporation - Class A post its Q2 2022 earnings

Earning Per Share (EPS)
-0.52

Highlights

Earning Per Share (EPS):

Gamestop Corporation - Class A’s earning per share (EPS) fell -372.73% since last year same period to -0.52 in the Q2 2022. This indicates that the Gamestop Corporation - Class A has generated -372.73% annual rate of fall in its earning per share (EPS) in the last 4 quarters.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-06-01
-0.36
-0.52
-44.44%
2022-03-17
0.21
-0.46
-319.05%

Company Information

GameStop Corp. is a leading specialty retailer in gaming, entertainment, and consumer electronics retail via its extensive network of e-commerce and physical properties. With a market capitalization of $8.137 billion, GameStop operates 4,816 stores across North America, Australia, and Europe. Originally called Babbage’s when launched in 1984, the company later got its current name in 1999. GameStop Corp’s offerings include new and pre-owned gaming consoles, video games accessories such as VR headsets, memory cards, joysticks, etc., pre-owned video game software, digital currency, downloadable entertainment content, pre-paid digital subscription cards, full-game downloads, consumer electronics, and TVs among other products. The corporation operates its businesses under Micromania, GameStop, and EB Games brands; and e-commerce platforms for collectibles under Zing Pop Culture and ThinkGeek brands. The company’s inventory was recorded at $1.141 billion in Q3 2021, registering a 32.52% increase against the $861 million reported last year. This uptick shows the company’s increased investment in inventory to cater to rising demand and reduce supply-chain issues. As the name suggests, GameStop poses to be a one-stop destination for everything games. Hence, its product portfolio also includes licensed accessories and merchandise from the TV, video game, and pop culture staples. In addition, the company’s Game Informer is a print and digital video game publication that features new title release reviews, game tips, and industry news. The President, CEO, and the company’s director is Matthew Furlong. In Q3 2021, GameStop’s net sales were $1.297 billion compared to $1.005 billion reported in Q3 2020. This marks a 29% YoY jump on the company’s increased brand relationships with LG, Samsung, Vizio, etc. Though sales increased, the company suffered a sharp 460.64% YoY increase in the net loss, which rose to $105.4 million in Q3 2021 compared to $18.8 million in Q3 2020. This converts to a $1.39/share loss compared to 29 cents/share a year ago. Currently Gamestop Corporation - Class A has a market cap of $10.56 Billion. It has a P.E ratio of -20.51. The shares of Gamestop Corporation - Class A are trading at $128.98. .

Organisation
Gamestop Corporation - Class A
Headquarters
Grapevine, Texas, US
Employees
2.02K
Industry
Retail Trade
CEO
Julian Raines