GameStop's current asset turnover ratio is 2.08x, versus an industry average of just 1x.; GameStop's current focus on "extreme frugality" involves strategic cost-cutting and streamlining measures ...

GameStop Is Now Focused On Achieving Profitability. Here Is The Plan GameStop is refocusing on its brick-and-mortar stores and planning an initiative to motivate the company's staff.

Video game retailer GameStop (NYSE: GME) managed double-digit comparable-sales growth during the fourth quarter thanks to strong demand for the Nintendo Switch. But that's where the good news ...

While GameStop’s total gross profit remained stable at approximately $1.23 billion in 2024, compared to 2020, the reduced store count pushed gross profit per store to approximately $385,000 ...

Shares of GameStop Corp (NYSE:GME) are pushing higher in Monday afternoon trading, seeing a spike in volatility despite a ...

GameStop plans significant store closures in FY 2025 due to struggling in-person sales. The retailer will invest in Bitcoin as part of its strategy for profitability. GameStop will close a ...

GameStop Corp. surprised investors with a quarterly profit in its second-quarter results Tuesday, but the videogame retailer still has many challenges ahead, according to analyst firm Wedbush.

The other problem is that GameStop has already tried a diversification strategy in the past. It didn't work. The company acquired Spring Mobile, a retailer of wireless phones and plans, back in 2014.

GameStop shares are surging after the struggling video game retailer reported its first profitable quarter in two years. In early trading the company's stock soared 46% to $25.70.

GameStop cautioned the strategy is untested and bitcoin is highly volatile. ... GameStop Approves Bitcoin Investment Strategy, Reports Strong Quarterly Profit. Faizan Farooque . Wed, Mar 26, 2025, ...

GameStop has around $10 per share in cash and shares trade for roughly two times that figure, Pachter added. "Without a hint of any strategy that would reasonably deploy capital, we do not see why ...

GameStop Corp. surprised investors with a quarterly profit in its second-quarter results Tuesday, but the videogame retailer still has many challenges ahead, according to analyst firm Wedbush.