secwatch.observer — SEC 8-K summary
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Issuer:     GameStop Corp. (GME)
CIK:        0001326380
Form:       8-K
Filed at:   2023-12-06T23:59:59+00:00
Accession:  0001326380-23-000061
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

GameStop Q3 net loss narrows to $3.1M on cost cuts; revenue falls 9% to $1.078B
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- Net sales $1.078B, down 9.1% YoY from $1.186B.
- Net loss improved to $3.1M from $94.7M loss in prior year.
- SG&A cut to $296.5M (27.5% of sales) from $387.9M (32.7%).
- Cash & marketable securities $1.210B; long-term debt limited to French COVID loan.
- No conference call; additional info in Form 10-Q.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1326380/000132638023000061/0001326380-23-000061-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1326380/000132638023000061/gme-20231206.htm
  HTML page:      https://secwatch.observer/filing/0001326380-23-000061

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