Categories AlphaGraphs, Earnings, Leisure & Entertainment

GME infographic: Highlights of GameStop’s Q4 2021 earnings

GameStop Corp. (NYSE: GME) has reported a surprise loss for the fourth quarter of 2021, compared to profit last year. Meanwhile, sales increased 6% and topped analysts’ expectations.

The company reported a net loss of $147.5 million or $1.94 per share for the latest quarter, on an unadjusted basis, compared to a profit of $80.5 million or $1.19 per share in the same period of last year. The adjusted loss was $1.86 per share, compared to earnings of $1.34 per share in the prior-year quarter.

At $2.25 billion, foruth-quarter net sales were up 6% from the year-ago period. The top-line also exceeded analysts’ estimates.

Read management/analysts’ comments on GameStop’s Q4 2021 earnings

During the quarter, the company established new and expanded brand relationships, including with PC gaming companies such as Alienware, Corsair, and Lenovo, that contributed to sales growth. It also grew PowerUp Rewards Pro members by 32% on a year-over-year basis, taking total membership to about 5.8 million.

Prior Performance

  • Gamestop Q2 2021 earnings infographic
  • GameStop Q1 2021 earnings infographic


Stocks you may like:

Apple (AAPL) Stock

Microsoft (MSFT) Stock

Alphabet (GOOGL) Stock

International Business Machines Corp. (IBM) Stock


Most Popular

MU Earnings: Micron’s Q4 profit declines but beats estimates

Micron Technology Inc. (NASDAQ: MU) Thursday said its fourth-quarter profit declined from last year, hurt by a sharp fall in revenues. Earnings, however, beat the market’s projection. On an adjusted

What are Philip Morris’ (PM) anticipations for the near term?

Shares of Philip Morris International Inc. (NYSE: PM) were down 1% on Thursday. The stock has dropped over 9% year-to-date. Although the tobacco industry has felt the pinch of inflation,

Key highlights from CarMax (KMX) Q2 2023 earnings results

CarMax, Inc. (NYSE:KMX) reported second quarter 2023 earnings results today. Net revenues rose 2% year-over-year to $8.1 billion. Net earnings were $125.9 million, or $0.79 per share, compared to $285.2 million,

Add Comment
Viewing Highlight