secwatch.observer — SEC 8-K summary
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Issuer:     GameStop Corp. (GME)
CIK:        0001326380
Form:       8-K
Filed at:   2024-06-07T23:59:59+00:00
Accession:  0001193125-24-156615
Event type: earnings
Sentiment:  neutral
Materiality: 0.50
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

GameStop Q1 net sales drop 28.7% to $882M; net loss narrows to $32.3M
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1326380/000119312524156615/0001193125-24-156615-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1326380/000119312524156615/d614611d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-156615

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer