GameStop (GME) Misses Q2 EPS by 27c

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GameStop Reports Second Quarter Results And Strong Progress Toward Strategic Objectives

September 9, 2020 4:06 PM EDT

Global E-commerce Sales Increase 800%SG&A Improves by $133.7 millionGenerates Cash Flow From Operations of $192.8 million And Free Cash Flow of $181.9 million

GRAPEVINE, Texas, Sept. 09, 2020 (GLOBE NEWSWIRE) -- GameStop Corp. (NYSE: GME), today reported results for the second quarter ended August 1, 2020 that reflected strong positive cash flow, a strengthened balance sheet and progress toward its strategic objectives despite the negative impact from temporary store closures related to COVID-19 and operating in the last few months of the current generation console cycle. 

George Sherman,... More