secwatch.observer — SEC 8-K summary
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Issuer:     GameStop Corp. (GME)
CIK:        0001326380
Form:       8-K
Filed at:   2026-08-31T10:23:08+00:00
Accession:  0001326380-26-000046
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 1.01, 2.02, 3.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

GameStop Q2 prelim net income $290-310M vs $168.6M; exchange amended to $358M cash
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- Prelim Q2 net sales $780-800M vs $972.2M YoY; operating income $150-170M vs $66.4M.
- Net income $290-310M includes $238M eBay gains, $75M digital asset loss; holds 43.4M eBay shares worth $4.947B.
- Exchange amended: 55.5M shares (73%) and $358.4M cash (27%) for $1.4B notes; closing ~Sept 3, 2026.
- After exchange, ~$2.8B of 2030/2032 notes remain outstanding; cash on hand $5.05-5.07B.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1326380/000132638026000046/0001326380-26-000046-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1326380/000132638026000046/gme-20260831.htm
  HTML page:      https://secwatch.observer/filing/0001326380-26-000046

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