GameStop Corp. GME has experienced a significant decline over the past three months, with its shares plummeting 10.4%, underperforming the Zacks industry's rally of 28.9%. The company also trailed the ...

Under the leadership of Ryan Cohen, GameStop has been implementing a cost-cutting strategy that could result in a profitable year for the video game retailer. ... GameStop's Path to Profitability.

Key Takeaways GameStop posted a surprise profit but continues to lose revenue in core retail.The company is shifting into ...

Shares of GameStop Corp (NYSE:GME) are pushing higher in Monday afternoon trading, seeing a spike in volatility despite a ...

GameStop Corp. surprised investors with a quarterly profit in its second-quarter results Tuesday, but the videogame retailer still has many challenges ahead, according to analyst firm Wedbush.

GameStop's current asset turnover ratio is 2.08x, versus an industry average of just 1x.; GameStop's current focus on "extreme frugality" involves strategic cost-cutting and streamlining measures ...

The other problem is that GameStop has already tried a diversification strategy in the past. It didn't work. The company acquired Spring Mobile, a retailer of wireless phones and plans, back in 2014.

GameStop CEO Matt Furlong said the company's aim is to create a path toward full-year profitability in the future. For the full year, GameStop had $1.39 billion in cash and cash equivalents on ...

Video game retailer GameStop (NYSE: GME) managed double-digit comparable-sales growth during the fourth quarter thanks to strong demand for the Nintendo Switch. But that's where the good news ...

GameStop cautioned the strategy is untested and bitcoin is highly volatile. ... GameStop Approves Bitcoin Investment Strategy, Reports Strong Quarterly Profit. Faizan Farooque . Wed, Mar 26, 2025, ...

GameStop is closing 120-130 of its video game stores and expanding tech-focused stores selling mobile phones and electronics. This mirrors RadioShack's failing strategy, and with competition from ...