GameStop (GME) Tops Q4 EPS by 48c, Comps Decline 26.1%
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GameStop Reports Fourth Quarter and Fiscal 2019 Results Ahead of Earnings Expectations
March 26, 2020 4:06 PM EDTAdvanced Strategy, Improved Capital Structure, Lowered Inventory and Actioned Cost Reduction Program
Debt Reduced by $401 Million; Inventory Reduced by 31% and Invested $199 Million to Repurchase 38.1 Million Shares
Enters 2020 with a Strengthened Balance Sheet and Refreshed Board of Directors Further Enhancing Ability to Drive Transformation Plan
GRAPEVINE, Texas, March 26, 2020 (GLOBE NEWSWIRE) -- GameStop Corp. (NYSE: GME), today reported sales and earnings for the fourth quarter and fiscal year ended February 1, 2020.Â
Fiscal Year 2019 Highlights:
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