Categories AlphaGraphs, Earnings, Leisure & Entertainment
GME Earnings: GameStop reports profit for Q3 2024; sales drop 20%
Video game company GameStop Corp. (NYSE: GME) has posted a double-digit decrease in sales for the third quarter of 2024. The business swung to a profit from a loss in the prior-year quarter.
GameStop reported a net income of $17.4 million or $0.04 per share for the October quarter, compared to a loss of $3.1 million or $0.01 per share in the same period last year. On an adjusted basis, earnings per share was $0.06 in Q3.
Net sales declined to $860.3 million in the third quarter from $1.08 billion in the year-ago period. Cash, cash equivalents, and marketable securities were $4.62 billion at the close of the quarter.
Prior Performance
Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.
Most Popular
NKE Q2 Earnings Preview: Can Nike maintain the recovery momentum?
Sneaker giant NIKE, Inc. (NYSE: NKE) entered the fiscal year facing heightened competition and shifting consumer preferences. Its upcoming second-quarter results are expected to reflect these evolving industry dynamics and
Earnings Preview: Conagra Brands’ (CAG) sales and earnings projected to decline in Q2 2026
Shares of Conagra Brands, Inc. (NYSE: CAG) rose 1% on Friday. The stock has dropped 7% in the past three months. The branded food company is slated to report its
Costco (COST) reports strong growth in Q1 FY26 earnings; revenue up 8%
Costco Wholesale Corporation (NASDAQ: COST) has reported an increase in net income for the first quarter of fiscal 2026. Revenues grew 8.3% year-over-year. The Issaquah, Washington-headquartered warehouse giant’s total revenues
