earnings
confidence medium
sentiment negative
materiality 0.65
GameStop Q3 net sales $1.186B, down 8.6% YoY; cash at $1.042B
GameStop Corp.
2022-Q3 EPS reported
-$1.19
revenue$3,700,800,000
- Net sales $1.186B vs $1.297B in prior-year Q3, a decline of 8.6%.
- SG&A $387.9M (32.7% of sales) vs $421.5M (32.5%) in prior-year Q3.
- Inventory $1.131B vs $1.141B at close of prior-year Q3.
- Cash, cash equivalents and marketable securities $1.042B; long-term debt limited to French COVID loan.
- New and expanded brand relationships strong; collectibles category strong on year-to-date basis.