secwatch.observer — SEC 8-K summary
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Issuer:     GameStop Corp. (GME)
CIK:        0001326380
Form:       8-K
Filed at:   2022-09-07T23:59:59+00:00
Accession:  0001326380-22-000125
Event type: earnings
Sentiment:  neutral
Materiality: 0.55
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

GameStop Q2 sales $1.136B (down 4% YoY); collectibles up 26%; launches NFT marketplace
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- Net sales $1.136B vs $1.183B in Q2 last year, a decline of ~4%.
- Collectibles segment grew 26% YoY to $223.2M, part of long-term growth strategy.
- SG&A expenses $387.5M, down 14.3% sequentially from Q1 2022.
- Ended quarter with $908.9M cash and no material debt; inventory rose to $734.8M.
- Launched NFT marketplace and implemented SAP system during the quarter.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1326380/000132638022000125/0001326380-22-000125-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1326380/000132638022000125/gme-20220907.htm
  HTML page:      https://secwatch.observer/filing/0001326380-22-000125

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