GameStop earnings plunge 52% in Q1

GameStop Inc. (GME) posted a decline of 5.5% in sales to $1.93 billion for the first quarter, sending earnings down as much as 52.2% to $28.2 million. On an adjusted basis, earnings per share declined 39.6% to $0.38. The company, which saw the unexpected exit of its CEO after a short stint earlier this month, also announced … Continue reading GameStop earnings plunge 52% in Q1