secwatch.observer — SEC 8-K summary
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Issuer:     GameStop Corp. (GME)
CIK:        0001326380
Form:       8-K
Filed at:   2022-12-07T23:59:59+00:00
Accession:  0001326380-22-000136
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

GameStop Q3 net sales $1.186B, down 8.6% YoY; cash at $1.042B
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1326380/000132638022000136/0001326380-22-000136-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1326380/000132638022000136/gme-20221207.htm
  HTML page:      https://secwatch.observer/filing/0001326380-22-000136

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