News
Hosted on MSN3mon
GameStop's Next Chapter: Profits, $6B Balance Sheet and Bitcoin ...
Since 2017—when GameStop began reporting three main revenue categories (hardware, software and collectibles)—only collectibles have delivered consistent growth.
GME's core business is shrinking, and management shows little interest in revitalizing it. Click here to find out why GME ...
Hosted on MSN2mon
GameStop Has a Surprising New Strategy for Saving Its Business - MSN
In addition to the trading card focus, GameStop is also investing in cryptocurrency as it tries to find a more viable business model. Last month, the company bought about $500 million in bitcoin.
According to the earnings report, collectibles generated $718 million in net sales in GameStop’s 2024 fiscal year, which ended Feb. 1. Overall, collectibles accounted for just under 19% of the ...
Collectibles and trading cards have played a major role in GameStop’s recent financial turnaround, CEO Ryan Cohen said in an interview Wednesday. Speaking with David Bailey of BTC Inc. after ...
Collectibles: $139.4 million ($169.8 million) GameStop will likely not comment on the fourth quarter, which includes the holiday shopping season. Still, investors and analysts are hoping for some ...
GameStop swung to a profit in the first quarter despite falling sales as its collectibles business was the only segment to record growth. The video-game retailer on Tuesday posted a profit of $44. ...
GameStop is turning to a new direction as CEO Ryan Cohen announced they are shifting their focus to trading cards, particularly Pokemon and sports cards, from video games. During its 2025 annual ...
GameStop echoes Strategy in doubling down on bitcoin, expects to close more stores in 2025 By Reuters March 25, 20257:06 PM PDTUpdated March 25, 2025 ...
GameStop Corp. ’s GME collectibles segment stood out as the strongest performer in the first quarter of fiscal 2025, highlighting growing consumer engagement beyond traditional gaming products.
Some results have been hidden because they may be inaccessible to you
Show inaccessible results