GameStop (GME) Reports Q4 EPS Growth of 21.9%; Comps Rose 9.6%; Affirms FY09 Outlook; Issues Q1 Guidance
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Price: $18.04 --0%
Revenue Growth %: +10.1%
Financial Fact:
Cost of sales: 1.25B
Today's EPS Names:
COE, BEKE, BJ, More
Revenue Growth %: +10.1%
Financial Fact:
Cost of sales: 1.25B
Today's EPS Names:
COE, BEKE, BJ, More
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GameStop Corp. (NYSE: GME) reports Q4 EPS of $1.39, 5 cents better than the analyst estimate of $1.34 and up 21.9% from the $1.14 reported in the same quarter last year. Revenue for the quarter was $3.5 billion, versus the consensus of $3.46 billion.
Same store sales rose 9.6% during the quarter.
Sees Q1 comps flat to up 2%, with EPS in the range of $0.40-$0.42, versus the consensus of $0.39.
Affirms its FY09 outlook for sales growth of 10-12%, comps up 4-6%, and EPS growth of 18-22%. Sees generating free cash flow of over $500 million.
UPDATE: Click here to see a summary of some highlights from the company's Q4 conference call.
Same store sales rose 9.6% during the quarter.
Sees Q1 comps flat to up 2%, with EPS in the range of $0.40-$0.42, versus the consensus of $0.39.
Affirms its FY09 outlook for sales growth of 10-12%, comps up 4-6%, and EPS growth of 18-22%. Sees generating free cash flow of over $500 million.
UPDATE: Click here to see a summary of some highlights from the company's Q4 conference call.
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