GameStop(GME)

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游戏驿站美股盘后跌超12%
news flash· 2025-06-11 22:46
游戏驿站美股盘后跌超12% 智通财经6月12日电,视频游戏零售公司游戏驿站(GME)美股盘后跌超12%,该公司计划发行价值 17.5亿美元的可转债。这有望成为美国市场上2025年迄今最大规模的可转债供应。 ...
视频游戏零售公司游戏驿站(GME)美股盘后下跌12.36%,该公司计划发行价值17.5亿美元的可转债。这有望成为美国市场上2025年迄今最大规模的可转债供应。3月份,游戏驿站修改了自家的投资政策,从而为投资比特币铺平道路。
news flash· 2025-06-11 22:41
Group 1 - GameStop (GME) shares fell 12.36% in after-hours trading following the announcement of a $1.75 billion convertible bond issuance [1] - The convertible bond issuance is expected to be the largest in the U.S. market for 2025 to date [1] - In March, GameStop revised its investment policy to pave the way for investments in Bitcoin [1]
GameStop Q1 Earnings Beat Estimates, Collectibles Sales Improve Y/Y
ZACKS· 2025-06-11 15:35
Core Insights - GameStop Corp. (GME) reported first-quarter fiscal 2025 results with mixed performance, where the top line missed estimates while the bottom line exceeded expectations [1][2] Financial Performance - Adjusted earnings per share were 17 cents, surpassing the Zacks Consensus Estimate of 8 cents, compared to an adjusted loss of 12 cents in the prior-year quarter [2][8] - Net sales totaled $732.4 million, falling short of the consensus estimate of $750 million and declining 16.9% from $881.8 million in the same quarter last year [2][8] Sales Breakdown - Hardware and accessories sales decreased by 31.7% to $345.3 million from $505.3 million year-over-year [3] - Software sales were $175.6 million, down 26.7% from $239.7 million in the prior-year quarter [3] - Collectibles sales surged 54.6% to $211.5 million from $136.8 million in the year-ago quarter [3] Regional Sales Performance - U.S. sales fell 12.9% to $537.5 million from $617.3 million year-over-year [4] - Canadian sales declined 10.3% to $38.2 million from $42.6 million [4] - Australian sales increased by 2.9% to $81.9 million from $79.6 million [4] - European sales dropped 47.4% to $74.8 million from $142.3 million [4] Margin and Expense Analysis - Gross profit rose 3.4% to $252.8 million from $244.5 million year-over-year, with gross margin expanding 680 basis points to 34.5% from 27.7% [5] - Adjusted SG&A expenses decreased by 24.8% to $225.3 million from $299.5 million in the prior-year quarter, representing 30.8% of net sales, down 320 basis points from 34% [5] EBITDA and Operating Income - Adjusted EBITDA was $38.6 million, a significant improvement from an adjusted EBITDA loss of $37.6 million in the same quarter last year [6] - Adjusted operating income was $27.5 million compared to an adjusted operating loss of $55 million in the prior-year period [6] Cash Flow and Financial Position - GameStop ended the quarter with cash and cash equivalents of $6.39 billion, net long-term debt of $1.48 billion, and stockholders' equity of $4.99 billion [9] - Net merchandise inventory was $421.3 million, down from $675.8 million in the same period last year [9] - Net cash flow from operations was $192.5 million, with free cash flow totaling $189.6 million [10] Recent Developments - The company completed the sale of its Canadian operations on May 4, 2025, and acquired 4,710 Bitcoin using cash between May 3 and June 10, 2025 [10] - Over the past three months, GME shares increased by 37.1%, outperforming the industry growth of 11.5% [10]
GameStop: Positive Cash Flows And
Seeking Alpha· 2025-06-11 13:39
I analyze securities based on value investing, an owner's mindset, and a long-term horizon. I don't write sell articles as those are considered short theses, and I never recommend shorting.Former advisory representative at Fidelity. I do my own investing now and share my research here.Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expres ...
GameStop: Can Bitcoin Bet And Billions In Cash Offset Retail Decline?
Seeking Alpha· 2025-06-11 10:00
RiverNorthPhotography Listen here or on the go via Apple Podcasts and Spotify Transcript Today, we're taking a really close look at a company that's been, let's say, hard to pin down, GameStop (NYSE:GME). You think video games, maybe malls, but our sources, paraphrased and quoted here, from our news team, Seeking Alpha analysts and straight from GME's stock page, its Virtual Analyst Report, tell a story of pretty fundamental change happening. So our mission for this deeper dive into GME is simple. Cu ...
游戏驿站(GME.US)涉足比特币领域却遭股价下挫 Q1营收不及预期拖累表现
智通财经网· 2025-06-10 23:08
Core Insights - GameStop reported a 17% year-over-year decline in revenue for the first quarter, falling from $881.8 million to $732.4 million, missing Wall Street expectations of $750 million [1] - The company continues to face challenges as consumer preferences shift from physical games to digital downloads, streaming, and online shopping [1] - Despite the revenue decline, GameStop achieved a net profit of $44.8 million for the quarter, marking its fourth consecutive profitable quarter, with adjusted earnings per share of $0.17, exceeding analyst expectations of $0.08 [1] Revenue and Sales Performance - GameStop's revenue for the first quarter was $732.4 million, down from $881.8 million in the same period last year [1] - The hardware and accessories segment saw a significant revenue drop of approximately 32% [1] - The company plans to close a "significant" number of stores this year following the closure of nearly 600 U.S. locations in 2024 [1] Strategic Moves - In early May, GameStop sold its Canadian subsidiary, Electronics Boutique Canada, and anticipates completing the sale of its French operations within the fiscal year 2025 [2] - The company reported an operating loss of $10.8 million for the quarter, which included a $35.5 million impairment charge related to international restructuring [3] - GameStop has begun purchasing Bitcoin as part of its updated investment policy, acquiring 4,710 Bitcoins between May 3 and June 10 [3] Stock Performance - As of the latest close, GameStop's stock has declined by 3.8% year-to-date, while the S&P 500 index has increased by 2.7% during the same period [4]
GameStop Drops as Q1 Sales Miss Offsets Earnings Beat
FX Empire· 2025-06-10 22:07
EnglishItalianoEspañolPortuguêsDeutschالعربيةFrançaisImportant DisclaimersThe content provided on the website includes general news and publications, our personal analysis and opinions, and contents provided by third parties, which are intended for educational and research purposes only. It does not constitute, and should not be read as, any recommendation or advice to take any action whatsoever, including to make any investment or buy any product. When making any financial decision, you should perform your ...
GameStop(GME) - 2026 Q1 - Quarterly Report
2025-06-10 20:04
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED MAY 3, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 COMMISSION FILE NO. 1-32637 GameStop Corp. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) 625 Westport Parkway Grapevine, Texas 7605 ...
GameStop(GME) - 2026 Q1 - Quarterly Results
2025-06-10 20:03
Financial Performance - Net sales for Q1 2025 were $732.4 million, a decrease of 17% from $881.8 million in Q1 2024[6] - Operating loss improved to $10.8 million from a loss of $50.6 million in the prior year, with adjusted operating income at $27.5 million compared to an adjusted operating loss of $55.0 million[6] - Net income for the quarter was $44.8 million, a turnaround from a net loss of $32.3 million in Q1 2024[6] - Adjusted net income for Q1 2025 was $83.1 million, compared to an adjusted net loss of $36.7 million in Q1 2024[22] - Free cash flow for the 13 weeks ended May 3, 2025, was $189.6 million, a recovery from a negative free cash flow of $114.7 million in the prior year[30] Expenses and Liabilities - SG&A expenses decreased to $228.1 million from $295.1 million year-over-year, representing a reduction of approximately 23%[6] - Total current liabilities remained stable at $847.3 million in Q1 2025, slightly down from $848.3 million in Q1 2024[15] Assets and Equity - Cash, cash equivalents, and marketable securities increased significantly to $6.4 billion from $1.0 billion year-over-year[6] - Total assets increased to $7,502.6 million in Q1 2025 from $2,587.1 million in Q1 2024, representing a growth of 189.5%[15] - Total stockholders' equity increased to $4,987.4 million in Q1 2025 from $1,307.3 million in Q1 2024, reflecting a growth of 281.5%[15] Profitability Metrics - Gross profit margin improved to 34.5% in Q1 2025 from 27.7% in Q1 2024[11] - The operating loss margin decreased to (1.5)% from (5.7)% year-over-year[11] - Basic income per share was $0.10 compared to a loss of $0.11 per share in the prior year[11] Inventory and Sales Composition - Merchandise inventories decreased to $421.3 million in Q1 2025 from $675.8 million in Q1 2024, a reduction of 37.6%[15] - Hardware and accessories sales accounted for 47.1% of total net sales in Q1 2025, down from 57.3% in Q1 2024[19] Financing Activities - The company issued $1,500 million in convertible debt during Q1 2025, significantly impacting cash flows from financing activities[17] Adjusted EBITDA Considerations - Adjusted EBITDA for Q1 2025 was $38.6 million, compared to an adjusted EBITDA loss of $37.6 million in Q1 2024[25] - Adjusted EBITDA does not reflect cash expenditures or future capital requirements, which are significant for understanding financial performance[33] - Adjusted EBITDA excludes changes in working capital needs, impacting cash flow assessments[33] - Depreciation and amortization are non-cash charges, but future cash requirements for asset replacements are not reflected in adjusted EBITDA[33] - The computation of adjusted EBITDA may not be comparable to similar measures used by other companies, indicating potential discrepancies in financial analysis[33] Other Significant Events - The company completed the divestiture of its Canadian operations on May 4, 2025[6] - GameStop purchased 4,710 Bitcoin for cash between May 3, 2025, and June 10, 2025[6]
The Day Ahead: U.S. Markets Watch China Trade Updates, GameStop Earnings Today
FX Empire· 2025-06-10 09:51
EnglishItalianoEspañolPortuguêsDeutschالعربيةFrançaisImportant DisclaimersThe content provided on the website includes general news and publications, our personal analysis and opinions, and contents provided by third parties, which are intended for educational and research purposes only. It does not constitute, and should not be read as, any recommendation or advice to take any action whatsoever, including to make any investment or buy any product. When making any financial decision, you should perform your ...