GameStop Reports First Quarter Fiscal Year 2022 Results

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GameStop (GME) Posts Wider Q1 Loss as Revenue Beat; Inventory Rises

June 1, 2022 4:10 PM EDT

GameStop (NYSE: GME) reported Q1 EPS of ($2.08), $0.63 worse than the analyst estimate of ($1.45). Revenue for the quarter came in at $1.38 billion versus the consensus estimate of $1.32 billion.

Inventory was $917.6 million at the close of the quarter, compared to $570.9 million at the close... More