earnings
confidence high
sentiment neutral
materiality 0.50
GameStop Q1 net sales drop 28.7% to $882M; net loss narrows to $32.3M
GameStop Corp.
2024-Q1 EPS reported
-$0.11
revenue$881,800,000
- Net sales $0.882B vs $1.237B YoY; net loss $32.3M vs $50.5M prior year.
- SG&A expenses $295.1M (33.5% of sales) vs $345.7M (27.9% of sales) YoY.
- Cash, cash equivalents and marketable securities $1.083B at quarter end.
- Long-term debt remains minimal; no conference call scheduled.