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

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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