Categories AlphaGraphs, Leisure & Entertainment

Infographic: How GameStop (GME) performed in Q4 2020

GameStop Corp. (NYSE: GME) reported its fourth quarter 2020 earnings results today.

Net sales totaled $2.12 billion compared to $2.19 billion in the year-ago period owing to a decrease in the store base due to strategic de-densification efforts and a reduction in European store operating days due to temporary store closures caused by the COVID-19 pandemic.

Comparable store sales increased 6.5%.

GAAP net income was $80.5 million, or $1.19 per share, compared to $21 million, or $0.32 per share, last year. Adjusted net income was $90.7 million, or $1.34 per share.

Both the top and bottom line numbers missed expectations.

The company is not providing guidance for fiscal year 2021 at present.

Prior performance

Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!

Most Popular

Disney (DIS): A look at the major winning points for its streaming business

Shares of the Walt Disney Company (NYSE: DIS) have been rallying since the entertainment leader delivered strong results for its third quarter of 2022 a day ago. The stock was

KSS Stock: After terminating sale talks, what awaits Kohl’s this year

Kohl’s Corporation (NYSE: KSS) has been on investors' radar ever since the retailer put itself up for sale earlier this year, after coming under pressure from activist investors. Putting an

Walt Disney Company (DIS) Q3 revenues, earnings beat Street view

Entertainment behemoth The Walt Disney Company (NYSE: DIS) on Wednesday reported higher revenues and earnings for the third quarter of 2022. The results also topped expectations. Third-quarter revenues of the Los

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top