earnings
confidence high
sentiment neutral
materiality 0.80
GameStop Q4 net income doubles to $131.3M on $1.28B sales; Board approves Bitcoin as treasury asset
GameStop Corp.
2024-FY EPS reported
$0.33
revenue$3,823,000,000
- Q4 net sales $1.283B, down 28.5% YoY; FY net sales $3.823B, down 27.5% YoY.
- Q4 net income $131.3M ($63.1M YoY); FY net income $131.3M ($6.7M YoY). Q4 adjusted EBITDA $96.5M.
- Cash and marketable securities $4.775B; completed Italy divestiture and Germany wind-down.
- Board unanimously approved updating investment policy to add Bitcoin as a treasury reserve asset.