GameStop (GME) Reports In-Line Q2 EPS, Offers Guidance
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GameStop Reports Second Quarter 2016 Results
August 25, 2016 4:01 PM EDTGRAPEVINE, TX -- (Marketwired) -- 08/25/16 -- 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 second quarter ended July 30, 2016.
The following table summarizes the second quarter results for fiscal 2016 and 2015 ($ in millions, except per share amounts):
Quarter Ended July 30, 2016 Aug. 1, 2015 Change ------------- ------------ -------- Net Sales $1,631.8 $1,761.9 -7.4% Same store sales* -10.6% 8.1% GAAP Net Income $27.9 $25.3 10.3% GAAP Diluted EPS $0.27 $0.24 12.5% Non-GAAP Net Income $27.9 $33.1 -15.7% Non-GAAP Diluted EPS $0.27 $0.31 -12.9% Technology Brands Operating Earnings $13.9 $0.4 3,375.0% *excludes Technology Brands stores... More