Wedbush Cuts Price Target on GameStop (GME) to $36 Following 4Q Results

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Go back to Wedbush Cuts Price Target on GameStop (GME) to $36 Following 4Q Results

GameStop Reports Sales and Earnings for Fiscal 2015 and Provides 2016 Outlook

March 24, 2016 4:05 PM EDT

GRAPEVINE, TX  -- (Marketwired) -- 03/24/16 -- GameStop Corp. (NYSE: GME), a global family of specialty retail brands that makes the most popular technologies affordable and simple, today reported sales and earnings for the fourth quarter and fiscal year ended Jan. 30, 2016.

Paul Raines, chief executive officer, stated, "In 2015, the GameStop team achieved several significant milestones in our on-going transformation efforts. The company posted its third straight year of positive comps, exceeded $1 billion in digital receipts, gained market share in our core video game business, and introduced new collectibles products that contributed over $300... More