GameStop (GME) Misses Q1 EPS by 34c

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Go back to GameStop (GME) Misses Q1 EPS by 34c

GameStop Reports First Quarter Results

June 9, 2020 4:06 PM EDT

First Quarter Net Sales of $1.021 billion; Comparable Store Sales Declined 17% Excluding Stores Closed Due to COVID-19 with Majority of Locations Limited to Curbside Pickup

First Quarter E-commerce Sales Increased 519%; Increased over 1,000% During the Six Weeks Following Store Closures Due to COVID-19  Ends First Quarter with $570 million in Cash, Inventory Reduction of 43% and Accounts Payable Decline of 54% Compared to the First Quarter of Fiscal 2019

GRAPEVINE, Texas, June 09, 2020 (GLOBE NEWSWIRE) -- GameStop Corp. (NYSE:... More