Core Insights - GameStop shares increased by 10% in premarket trading following stronger-than-expected second-quarter results, marking a return to profitability driven by robust hardware and collectibles sales [1] Financial Performance - The company reported earnings of $0.25 per share, exceeding the consensus estimate of $0.16, with revenue rising to $972.2 million from $798.3 million year-over-year, surpassing estimates of $823.3 million [1] - Operating income improved significantly to $66.4 million from a loss of $22 million in the previous year, while selling, general, and administrative expenses decreased to $218.8 million from $270.8 million [2] - Net income surged to $168.6 million from $14.8 million, with adjusted net income reaching $138.3 million compared to $5.2 million in the prior year [2] Sales Growth - Collectibles sales experienced a remarkable growth of 63% year-over-year, while hardware and accessories revenue increased by 31% to $592.1 million, driven by demand related to the launch of Nintendo's Switch 2 and a strong pipeline of game releases [3]