GameStop (GME) Announces Prelim. Sales Results for First Nine Weeks of Fiscal 2021 Reflecting an Approximately 11% Increase
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GameStop Announces At-The-Market Equity Offering Program
April 5, 2021 6:05 AM EDTGRAPEVINE, Texas, April 05, 2021 (GLOBE NEWSWIRE) -- GameStop Corp. (NYSE: GME) (GameStop or the Company) today announced that it has filed a prospectus supplement withthe U.S. Securities and Exchange Commission (SEC), under which it may offer and sell up to a maximum of 3,500,000 shares of its common stock (the Common Stock) from time to time through an at-the-market equity offering program (the ATM Offering). The Company intends to use the net proceeds from any sales of its Common Stock under the ATM Offering to further accelerate its transformation as well as for general corporate purposes and further... More
GameStop Announces Preliminary Sales Results for the First Nine Weeks of Fiscal 2021 Reflecting an Approximately 11% Increase Compared to the Prior Year Period
April 5, 2021 6:00 AM EDTGRAPEVINE, Texas, April 05, 2021 (GLOBE NEWSWIRE) -- GameStop Corp. (NYSE: GME), today announced preliminary unaudited sales results for the first quarter to date period representing the nine-weeks ended April 3, 2021, as compared to the nine weeks ended April 4, 2020.
Preliminary Sales Performance
For the first nine-weeks of fiscal 2021, total global sales increased approximately 11% from the nine-week period ended April 4, 2020February: the four-week period ended February 27, 2021 total global sales increased approximately 5.3% from the four-week period ended February 29, 2020March: the five-week period ended April 2, 2021,total global sales increased approximately 18%... More