GameStop (GME) Cuts FY11 Sales, Comps Guidance, Affirms EPS Outlook; Announces $500M Buyback

November 17, 2011 8:36 AM EST
With its Q3 report, GameStop (NYSE: GME) affirms its FY11 EPS outlook, but reduced its sales guidance from 4.5-6.5% to 2-3%, same-store sales from up 1-3% to down 1%-unchanged.

The company also announced a $500 million buyback program.


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Guidance, Hot Guidance, Stock Buybacks