The video game retailer has a lot to prove with this week's quarterly update.One of the more interesting stocks reporting fresh financial results this week is GameStop (GME +1.20%). The video game retailer and OG of meme stocks will step up with its fiscal third-quarter report after the market close on Tuesday.GameStop has struggled with growth in recent years. Net sales declined for six of the last seven fiscal years. Even the one year of positive top-line growth -- fiscal 2021 -- followed the pandemic-hob ...

Unity Software Inc (NYSE:U) is one of the best names on the New York Stock Exchange (NYSE) today, last seen up 9.6% to trade at $39.36, brushing off recent tech sector weakness. The video game software company reported adjusted third-quarter revenue of 20 cents per share on $470.60 million in revenue, both of which topped analyst estimates. Unity stock is heading for its best single-session gain since Aug. 12. Despite taking a roughly 16% haircut off of its Sept. 16 annual highs of $46.93, support stepped u ...

Core Insights - GameStop Corp. (GME) reported significant improvements in its fiscal first-quarter 2025 results, primarily due to effective cost management and operational efficiency [1][4] - The company achieved a 3.4% increase in gross profit, with gross margin expanding by 680 basis points to 34.5% [2] - GameStop's net income shifted from a loss of $32.3 million to a profit of $44.8 million, reflecting the benefits of its cost restructuring [4] Financial Performance - Adjusted SG&A expenses decreased by 24.8% year over year to $225.3 million, improving as a percentage of net sales by 320 basis points to 30.8% [1] - Adjusted EBITDA turned positive at $38.6 million, reversing a loss of $37.6 million from the previous year [3] - Adjusted operating income rose to $27.5 million from a loss of $55 million in the prior year [3] Revenue and Sales - Despite a 17% decline in net sales, attributed to weaknesses in hardware and software, the collectibles segment provided some offset [5][9] - The company’s gross profit increased to $252.8 million from $244.5 million [2] Valuation and Estimates - GameStop's shares have decreased by 23.6% year to date, contrasting with the industry's growth of 13.7% [8] - The forward price-to-sales ratio for GME is 3.23X, slightly below the industry average of 3.58X [10] - The Zacks Consensus Estimate for GME's fiscal 2025 earnings indicates a year-over-year growth of 127.3%, while fiscal 2026 estimates suggest a decline of 52% [11]