GameStop Q3 Earnings Beat Despite Sales Decline of 20% Y/Y [Yahoo! Finance]
GameStop Corporation (GME)
Last gamestop corporation earnings: 3/26 04:06 pm
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Source: Yahoo! Finance
On the contrary, the bottom line beat the consensus mark and improved from the year-ago period. GME posted adjusted earnings per share of 6 cents, beating the Zacks Consensus Estimate of break-even earnings. Find the latest EPS estimates and surprises on Zacks Earnings Calendar. GameStop Corp. price-consensus-eps-surprise-chart | GameStop Corp. Quote GameStop reported net sales of $860.3 million, which missed the consensus estimate of $900 million. Also, the metric decreased 20.2% from $1,078.3 million in the year-ago quarter. The decrease in consolidated net sales was caused by lower sales across all categories. By sales mix, hardware and accessories sales fell 28% to $417.4 million from $579.4 million in the year-ago quarter. Software sales were $271.8 million, down 15.4% from $321.3 million in the year-ago quarter. Sales in the collectibles unit declined 3.7% to $171.1 million from $177.6 million in the year-ago quarter. By geographic location, net sales declined 24.5%
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GME
Earnings
- 12/10/24 - In-Line
GME
Sec Filings
- 12/10/24 - Form 10-Q
- 12/10/24 - Form 8-K
- 12/5/24 - Form 3
- GME's page on the SEC website