GameStop (GME) Announces Appointment of Technology Veteran Jenna Owens as New COO
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GameStop (GME) Confirms it Appointed Jenna Owens as COO
March 23, 2021 4:41 PM EDTGameStop Corp. (NYSE: GME) (GameStop or the Company) today announced that it has appointed Jenna Owens to the role of Chief Operating Officer. Ms. Owens has a start date of March 29, 2021.
Ms. Owens brings approximately two decades of technology, operations, fulfillment, and supply chain experience to GameStop. Most recently, she was Director and... More
GameStop (GME) Announces 2021 Strategic Initiatives
March 23, 2021 4:27 PM EDTGameStop (NYSE: GME) is focused on transforming into a customer-obsessed technology company that delights gamers. The Board and management are taking the below steps in fiscal year 2021:
Investing in technology capabilities, including by in-sourcing talent and revamping systems, and evaluating next-generation assets;Building a superior... MoreGameStop (GME) Misses Q4 EPS by 1c, Revenues Miss; Comps Rise 6.5%
March 23, 2021 4:27 PM EDTGameStop (NYSE: GME) reported Q4 EPS of $1.34, $0.01 worse than the analyst estimate of $1.35. Revenue for the quarter came in at $2.11 billion versus the consensus estimate of $2.21 billion.
Comparable store sales increased 6.5%;Net sales were $2.122 billion compared to $2.194 billion in the fiscal 2019 fourth quarter, reflecting an operating environment that included a 12% decrease in the store base due to the Companys strategic de-densification efforts and a reduction of approximately 27% in European store operating days during the quarter as a result of temporary store closures in response to the COVID-19 pandemic;Global E-Commerce sales... More