GameStop Reports Earnings: What You Need to Know

Publish date:
Video Rating:
Video Duration:

GameStop  (GME) - Get GameStop Corp. Class A Report reported its second-quarter earnings on Wednesday where the company posted a wider-than-expected second-quarter loss.

The video gaming retailer reported a loss of 85 cents per share versus a loss of $1.71 a share in the year-ago quarter. On an adjusted basis, the company’s net loss was 76 cents a share.

The company says that it has invested in long-term growth initiatives that include expanding the company’s product catalog, enhancing its fulfillment network capabilities and technology, and adding talent across the organization. 

Related Videos