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GameStop (GME) Tops Q1 EPS by 38c, Revenue Beats, Offers Outlook

Go back to GameStop (GME) Tops Q1 EPS by 38c, Revenue Beats, Offers Outlook

GameStop Releases First Quarter 2021 Financial Results

June 9, 2021 4:09 PM EDT

Net Sales Grew 25% to $1.3 Billion

Appoints Technology Veterans Matt Furlong and Mike Recupero to CEO and CFO Positions, Respectively

GRAPEVINE, Texas, June 09, 2021 (GLOBE NEWSWIRE) -- GameStop Corp. (NYSE: GME), today reported results for the first quarter ended May 1, 2021.

First Quarter Fiscal 2021 Highlights

Net sales increased 25.1% to $1.277 billion, compared to $1.021 billion in the fiscal 2020 first quarter, overcoming a nearly 12% reduction in the Companys global store base due to strategic de-densification... More