GameStop Corp. (GME): auditor change — GameStop reports Q3 net sales $860M, net income $17.4M; completes ATM offering of 20M shares for $400M

GameStop Corp.

2024-Q3 EPS reported $0.00 revenue$2,540,400,000

Net sales fell to $860M from $1.078B YoY; net income of $17.4M vs loss of $3.1M.
SG&A reduced to $282M from $296.5M; cash and securities at $4.616B.
Sold 20M shares in ATM for ~$400M gross proceeds; no further ATM expected this fiscal year.
Auditor changed from Deloitte to KPMG for FY ending Jan 31, 2026; Deloitte to finish current year audit.

item 2.02 item 4.01 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Auditor Changes SEC 8-K Item 4.01/4.02 confidence 0.95

GameStop Corp. dismissed Deloitte & Touche LLP as its auditor.

Action: dismissal
Auditor: Deloitte & Touche LLP
Successor: KPMG LLP

Exact text from the filing

This process also resulted in the effective dismissal of Deloitte & Touche LLP (“Deloitte”) as the Company’s independent registered public accounting firm.

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Auditor Changes SEC 8-K Item 4.01/4.02 confidence 0.95

GameStop Corp. engaged KPMG LLP as its auditor.

Action: engagement
Auditor: KPMG LLP

Exact text from the filing

On December 6, 2024, after completing a competitive proposal process, the Audit Committee (the “Audit Committee”) of the Board of Directors (the “Board”) of GameStop Corp. (the “Company”) selected KPMG LLP (“KPMG”) as the Company’s independent registered public accounting firm for the Company’s fiscal year ending January 31, 2026, subject to completion of KPMG’s standard client acceptance procedures and execution of an engagement letter.

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GameStop Corp. filing history →

Source: SEC EDGAR

accession 0001326380-24-000168

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