GameStop Corp. (NYSE: GME) (“GameStop” or the “Company”) today
released financial results for the third quarter ended October 29,
2022. The Company’s condensed and consolidated financial
statements, including GAAP and non-GAAP results, are below. The
Company’s Form 10-Q and supplemental information can be found at
http://investor.GameStop.com.
THIRD QUARTER OVERVIEW
- Net sales were $1.186 billion, compared to $1.297 billion in
the prior year's third quarter.
- Sales attributable to new and expanded brand relationships were
strong in the quarter, while sales in the collectibles category
remained strong on a year-to-date basis.
- Selling, general and administrative expenses (“SG&A”) were
$387.9 million, or 32.7% of sales, compared to $421.5 million, or
32.5% of sales, in the prior year's third quarter. Notably,
SG&A as a percentage of revenue was down on a sequential basis
from 34.1% in Q2 of this year, reflecting the Company’s ongoing
cost reduction efforts.
- Inventory was $1.131 billion at the close of the period,
compared to $1.141 billion at the close of the prior year's third
quarter.
- Cash, cash equivalents and marketable securities were $1.042
billion at the close of the third quarter.
- Long-term debt remains limited to a low-interest, unsecured
term loan associated with the French government’s response to
COVID-19.
CONFERENCE CALL INFORMATION
The Company will host an investor conference call today,
December 7, 2022, at 5:00 pm ET to review its financial results.
The phone number for the investor conference call is 1-877-407-6169
and the confirmation code is 13734613. This call, along with
supplemental information, can also be accessed at
http://investor.GameStop.com. A recording of the conference call
will be made available on the Company’s investor relations website
for two months.
NON-GAAP MEASURES AND OTHER METRICS
As a supplement to the Company’s financial results presented in
accordance with U.S. generally accepted accounting principles
(GAAP), GameStop may use certain non-GAAP measures, such as
adjusted SG&A, adjusted operating income (loss), adjusted net
income (loss), adjusted diluted earnings (loss) per share, adjusted
EBITDA and free cash flow. The Company believes these non-GAAP
financial measures provide useful information to investors in
evaluating the Company’s core operating performance. Adjusted
selling, general and administrative expenses (“Adjusted SG&A”),
adjusted operating income (loss), adjusted net income (loss),
adjusted diluted earnings (loss) per share and adjusted EBITDA
exclude the effect of items such as transformation costs, asset
impairments, store closure costs, severance, as well as divestiture
costs. Results reported as constant currency exclude the impact of
fluctuations in foreign currency exchange rates by converting the
Company’s local currency financial results using the prior period
exchange rates and comparing these adjusted amounts to the
Company’s current period reported results. The Company’s definition
and calculation of non-GAAP financial measures may differ from that
of other companies. Non-GAAP financial measures should be viewed as
supplementing, and not as an alternative or substitute for, the
Company’s financial results prepared in accordance with GAAP.
Certain of the items that may be excluded or included in non-GAAP
financial measures may be significant items that could impact the
Company’s financial position, results of operations or cash flows
and should therefore be considered in assessing the Company’s
actual and future financial condition and performance.
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS -
SAFE HARBOR
This press release contains forward-looking statements within
the meaning of the Private Securities Litigation Reform Act of
1995. Such statements are based upon management’s current beliefs,
views, estimates and expectations, including as to the Company’s
industry, business strategy, goals and expectations concerning its
market position, strategic and transformation initiatives, future
operations, margins, profitability, sales growth, capital
expenditures, liquidity, capital resources, expansion of technology
expertise, and other financial and operating information, including
expectations as to future operating profit improvement. Such
statements include without limitation those about the Company’s
expectations for fiscal 2022, future financial and operating
results, projections and other statements that are not historical
facts. Forward-looking statements are subject to significant risks
and uncertainties and actual developments, business decisions,
outcomes and results may differ materially from those reflected or
described in the forward-looking statements. The following factors,
among others, could cause actual developments, business decisions,
outcomes and results to differ materially from those reflected or
described in the forward-looking statements: economic, social, and
political conditions in the markets in which we operate; the impact
of the COVID-19 pandemic on the Company’s business and financial
results; the cyclicality of the video game industry; the Company’s
dependence on the timely delivery of new and innovative products
from its vendors; the impact of technological advances in the video
game industry and related changes in consumer behavior on the
Company’s sales; the Company’s ability to keep pace with changing
industry technology and consumer preferences; the Company’s ability
to obtain favorable terms from its current and future suppliers and
service providers; the ability of the Company’s third party
delivery services to deliver products to the Company’s retail
locations, fulfillment centers and consumers and changes in the
terms the Company has with such service providers; the Company’s
dependence on sales during the holiday selling season; the decrease
in popularity of certain types of video games containing graphic
violence; the Company’s ability to renew or enter into new leases
on favorable terms; the Company’s ability to implement a new ERP
system; the Company’s ability to maintain strong retail and
ecommerce experiences for its customers; the Company’s strategic
plans and transformation initiatives and the Company’s ability to
achieve the desired results of its transformation initiatives
within the anticipated time-frame or at all; enhanced risks as new
business initiatives lead the Company to engage in new activities;
risks associated with the Company’s digital asset products and
services, including extreme price volatility, heightened risk of
cybersecurity threats, failures in the blockchain networks on which
such digital assets are offered, and risks and challenges related
to content moderation and control; the competitive nature of the
Company’s industry, including competition from multi-channel
retailers, ecommerce businesses, and others; disruptions or
interruptions to the Company’s logistics capabilities or supply
chain or the supply chain of the Company's suppliers; the Company’s
ability to anticipate, identify and react to trends in pop culture
with regard to its sales of collectibles; the ability and
willingness of the Company’s vendors to provide marketing and
merchandising support at historical or anticipated levels;
restrictions on the Company’s ability to purchase and sell
pre-owned products; changes to tariff and import/export
regulations; unfavorable changes in the Company’s global tax rate;
legislative actions; the Company’s ability to comply with federal,
state, local and international laws and regulations and statutes;
the evolution of government regulation related to blockchain,
digital assets and Web 3.0 technology; including as to whether
particular assets could be deemed to be securities and developments
regarding the treatment of digital assets under tax laws;
fluctuations in the Company’s results of operations from quarter to
quarter; the restrictions contained in the agreement governing the
Company’s revolving credit facility; the Company’s ability to
generate sufficient cash flow to fund its operations; the Company’s
ability to incur additional debt; turnover in senior management or
the Company’s ability to attract and retain qualified personnel;
turnover in the Company’s Board of Directors; the Company’s ability
to maintain the security or privacy of its customer, associate or
Company information; potential damage to the Company’s reputation
or customers' perception of the Company; occurrence of weather
events, natural disasters, public health crises and other
unexpected events; potential failure or inadequacy of the Company's
computerized systems; the Company’s ability to maintain effective
control over financial reporting; volatility in the Company’s Class
A Common Stock price, including volatility due to potential short
squeezes; continued high degrees of media coverage by third
parties; the availability and future sales of substantial amounts
of the Company’s Class A Common Stock; and potential future
litigation and other legal proceedings. Additional factors that
could cause results to differ materially from those reflected or
described in the forward-looking statements can be found in
GameStop's most recent Annual Report on Form 10-K filed with the
SEC on March 17, 2022 and in GameStop’s Quarterly Reports on Form
10-Q filed with the SEC on September 7, 2022 and the date hereof,
and other filings made from time to time with the SEC and available
at www.sec.gov or on the Company’s investor relations website
(http://investor.GameStop.com). Forward-looking statements
contained in this press release speak only as of the date of this
press release. The Company undertakes no obligation to publicly
update any forward-looking statement, whether as a result of new
information, future developments or otherwise, except as may be
required by any applicable securities laws.
GameStop Corp.
Consolidated Statements of
Operations
(in millions, except per share
data)
(unaudited)
13 Weeks ended October 29,
2022
13 Weeks ended October 30,
2021
Net sales
$
1,186.4
$
1,296.6
Cost of sales
894.8
978.0
Gross profit
291.6
318.6
Selling, general and administrative
expenses
387.9
421.5
Operating loss
(96.3
)
(102.9
)
Interest (income) expense, net
(3.7
)
0.8
Loss before income taxes
(92.6
)
(103.7
)
Income tax expense
2.1
1.7
Net loss
$
(94.7
)
$
(105.4
)
Loss per share:
Basic loss per share
$
(0.31
)
$
(0.35
)
Diluted loss per share
(0.31
)
(0.35
)
Weighted-average common shares
outstanding:
Basic
304.2
303.6
Diluted
304.2
303.6
Percentage of Net
Sales:
Net sales
100.0
%
100.0
%
Cost of sales
75.4
75.4
Gross profit
24.6
24.6
Selling, general and administrative
expenses
32.7
32.5
Operating loss
(8.1
)
(7.9
)
Interest (income) expense, net
(0.3
)
0.1
Loss before income taxes
(7.8
)
(8.0
)
Income tax expense
0.2
0.1
Net loss
(8.0
)%
(8.1
)%
GameStop Corp.
Consolidated Statements of
Operations
(in millions, except per share
data)
(unaudited)
39 Weeks ended October 29,
2022
39 Weeks ended October 30,
2021
Net sales
$
3,700.8
$
3,756.8
Cost of sales
2,828.5
2,787.2
Gross profit
872.3
969.6
Selling, general and administrative
expenses
1,227.6
1,170.7
Asset Impairments
2.5
0.6
Operating loss
(357.8
)
(201.7
)
Interest (income) expense, net
(3.3
)
26.0
Loss before income taxes
(354.5
)
(227.7
)
Income tax expense
6.8
6.1
Net loss
$
(361.3
)
$
(233.8
)
Loss per share:
Basic loss per share
$
(1.19
)
$
(0.82
)
Diluted loss per share
(1.19
)
(0.82
)
Weighted-average common shares
outstanding:
Basic
304.1
286.0
Diluted
304.1
286.0
Percentage of Net
Sales:
Net sales
100.0
%
100.0
%
Cost of sales
76.4
74.2
Gross profit
23.6
25.8
Selling, general and administrative
expenses
33.2
31.2
Asset Impairments
0.1
—
Operating loss
(9.7
)
(5.4
)
Interest (income) expense, net
(0.1
)
0.7
Loss before income taxes
(9.6
)
(6.1
)
Income tax expense
0.2
0.2
Net loss
(9.8
)%
(6.2
)%
GameStop Corp.
Condensed Consolidated Balance
Sheets
(in millions)
(unaudited)
October 29, 2022
October 30, 2021
ASSETS:
Current assets:
Cash and cash equivalents
$
803.8
$
1,413.0
Marketable securities
238.3
—
Receivables, net of allowance of $2.0 and
$5.1, respectively
125.3
83.4
Merchandise inventories
1,131.3
1,140.9
Prepaid expenses and other current
assets
283.1
275.8
Total current assets
2,581.8
2,913.1
Property and equipment, net of accumulated
depreciation of $981.4 and $1,122.0, respectively
138.5
179.6
Operating lease right-of-use assets
523.2
615.8
Deferred income taxes
14.3
—
Other noncurrent assets
64.7
53.5
Total assets
$
3,322.5
$
3,762.0
LIABILITIES AND STOCKHOLDERS’
EQUITY:
Current liabilities:
Accounts payable
$
888.4
$
711.5
Accrued liabilities and other current
liabilities
504.2
608.5
Current portion of operating lease
liabilities
186.2
211.9
Current portion of long-term debt
9.9
1.4
Total current liabilities
1,588.7
1,533.3
Long-term debt, net
28.8
44.8
Operating lease liabilities
349.6
409.7
Other long-term liabilities
110.4
19.3
Total liabilities
2,077.5
2,007.1
Total stockholders’ equity
1,245.0
1,754.9
Total liabilities and stockholders’
equity
$
3,322.5
$
3,762.0
GameStop Corp.
Consolidated Statements of
Cash Flows
(in millions)
(unaudited)
13 Weeks ended October 29,
2022
13 Weeks ended October 30,
2021
Cash flows from operating activities:
Net loss
$
(94.7
)
$
(105.4
)
Adjustments to reconcile net loss to net
cash flows from operating activities:
Depreciation and amortization
15.1
16.9
Stock-based compensation expense
13.3
6.2
Gain on sale of digital assets
(0.2
)
—
Digital asset impairments
0.2
—
Loss on disposal of property and
equipment, net
3.5
1.4
Other
11.9
(0.8
)
Changes in operating assets and
liabilities:
Receivables, net
(26.0
)
(15.2
)
Merchandise inventories
(414.6
)
(546.4
)
Prepaid expenses and other current
assets
(11.3
)
(1.1
)
Prepaid income taxes and income taxes
payable
—
0.9
Accounts payable and accrued
liabilities
672.7
351.7
Operating lease right-of-use assets and
liabilities
8.1
(2.0
)
Changes in other long-term liabilities
(0.7
)
0.1
Net cash flows provided by (used in)
operating activities
177.3
(293.7
)
Cash flows from investing activities:
Proceeds from sale of digital assets
0.1
—
Purchases of marketable securities
(237.0
)
—
Capital expenditures
(13.0
)
(12.5
)
Other
0.3
(0.3
)
Net cash flows used in investing
activities
(249.6
)
(12.8
)
Cash flows from financing activities:
Settlements of stock-based awards
(0.3
)
—
Other
—
—
Net cash flows (used in) provided by
financing activities
(0.3
)
—
Exchange rate effect on cash, cash
equivalents and restricted cash
(24.9
)
(1.0
)
Decrease in cash, cash equivalents and
restricted cash
(97.5
)
(307.5
)
Cash, cash equivalents and restricted cash
at beginning of period
957.0
1,775.6
Cash, cash equivalents and restricted cash
at end of period
$
859.5
$
1,468.1
GameStop Corp.
Consolidated Statements of
Cash Flows
(in millions)
(unaudited)
39 Weeks ended October 29,
2022
39 Weeks ended October 30,
2021
Cash flows from operating activities:
Net loss
$
(361.3
)
$
(233.8
)
Adjustments to reconcile net loss to net
cash flows from operating activities:
Depreciation and amortization
47.5
53.2
Stock-based compensation expense
32.2
20.7
Gain on sale of digital assets
(7.1
)
—
Digital asset impairments
33.9
—
Asset impairments
2.5
0.6
Loss on disposal of property and
equipment, net
5.1
1.9
Loss on retirement of debt
—
18.2
Other
6.9
(1.4
)
Changes in operating assets and
liabilities:
Receivables, net
13.3
21.0
Merchandise inventories
(245.0
)
(545.2
)
Prepaid expenses and other current
assets
(38.7
)
(5.1
)
Prepaid income taxes and income taxes
payable
0.9
(12.9
)
Accounts payable and accrued
liabilities
288.7
376.9
Operating lease right-of-use assets and
liabilities
(7.7
)
(18.1
)
Changes in other long-term liabilities
(1.2
)
—
Net cash flows used in operating
activities
(230.0
)
(324.0
)
Cash flows from investing activities:
Proceeds from sale of digital assets
77.4
—
Purchases of marketable securities
(237.0
)
—
Capital expenditures
(44.3
)
(40.7
)
Other
0.3
(0.4
)
Net cash flows used in investing
activities
(203.6
)
(41.1
)
Cash flows from financing activities:
Proceeds from issuance of common stock,
net of costs
—
1,672.8
Payments of senior notes
—
(307.4
)
Repayments of revolver borrowings
—
(25.0
)
Settlements of stock-based awards
(3.3
)
(136.6
)
Other
—
(0.1
)
Net cash flows (used in) provided by
financing activities
(3.3
)
1,203.7
Exchange rate effect on cash, cash
equivalents and restricted cash
(23.5
)
(5.5
)
(Decrease) increase in cash, cash
equivalents and restricted cash
(460.4
)
833.1
Cash, cash equivalents and restricted cash
at beginning of period
1,319.9
635.0
Cash, cash equivalents and restricted cash
at end of period
$
859.5
$
1,468.1
Schedule I
Sales Mix
(in millions)
(unaudited)
13 Weeks ended October 29,
2022
13 Weeks ended October 30,
2021
Net
Percent
Net
Percent
Net Sales:
Sales
of Total
Sales
of Total
Hardware and accessories (1)
$
627.0
52.8
%
$
669.9
51.7
%
Software (2)
352.1
29.7
434.5
33.5
Collectibles
207.3
17.5
192.2
14.8
Total
$
1,186.4
100.0
%
$
1,296.6
100.0
%
39 Weeks ended October 29,
2022
39 Weeks ended October 30,
2021
Net
Percent
Net
Percent
Net Sales:
Sales
of Total
Sales
of Total
Hardware and accessories (1)
$
1,897.2
51.3
%
$
1,983.0
52.8
%
Software (2)
1,152.2
31.1
1,229.0
32.7
Collectibles
651.4
17.6
544.8
14.5
Total
$
3,700.8
100.0
%
$
3,756.8
100.0
%
(1) Includes sales of new and pre-owned
hardware, accessories, hardware bundles in which hardware and
digital or physical software are sold together in a single SKU,
interactive game figures, strategy guides, mobile and consumer
electronics.
(2) Includes sales of new and pre-owned
video game software, digital software and PC entertainment
software.
GameStop Corp. Schedule II (in
millions, except per share data) (unaudited)
Non-GAAP results
The following tables reconcile the Company's selling, general
and administrative expenses ("SG&A"), operating loss, net loss
and loss per share as presented in its unaudited consolidated
statements of operations and prepared in accordance with Generally
Accepted Accounting Principles ("GAAP") to its adjusted SG&A,
adjusted operating loss, adjusted net loss, adjusted EBITDA and
adjusted loss per share. The diluted weighted-average shares
outstanding used to calculate adjusted earnings per share may
differ from GAAP weighted-average shares outstanding. Under GAAP,
basic and diluted weighted-average shares outstanding are the same
in periods where there is a net loss. The reconciliations below are
from continuing operations only.
13 Weeks Ended
13 Weeks Ended
39 Weeks Ended
39 Weeks Ended
October 29, 2022
October 30, 2021
October 29, 2022
October 30, 2021
Adjusted SG&A
SG&A
$
387.9
$
421.5
$
1,227.6
$
1,170.7
Transformation costs(1)(3)
(1.3
)
—
(0.4
)
(24.7
)
Significant transactions(2)
—
—
—
(0.4
)
Divestitures and other(3)
—
—
—
(0.1
)
Adjusted SG&A
$
386.6
$
421.5
$
1,227.2
$
1,145.5
Adjusted Operating Loss
Operating loss
$
(96.3
)
$
(102.9
)
$
(357.8
)
$
(201.7
)
Transformation costs(1)(3)
1.3
—
0.4
24.7
Asset impairments
—
—
2.5
0.6
Significant transactions(2)
—
—
—
0.4
Divestitures and other(3)
—
—
—
0.1
Adjusted operating loss
$
(95.0
)
$
(102.9
)
$
(354.9
)
$
(175.9
)
Adjusted Net Loss
Net loss
$
(94.7
)
$
(105.4
)
$
(361.3
)
$
(233.8
)
Transformation costs(1)(3)
1.3
—
0.4
24.7
Asset impairments
—
—
2.5
0.6
Significant transactions(2)
—
—
—
18.6
Divestitures and other(3)
—
—
—
0.1
Adjusted net loss
$
(93.4
)
$
(105.4
)
$
(358.4
)
$
(189.8
)
Adjusted loss per share
Basic
$
(0.31
)
$
(0.35
)
$
(1.18
)
$
(0.66
)
Diluted
(0.31
)
(0.35
)
(1.18
)
(0.66
)
Number of shares used in adjusted
calculation
Basic
304.2
303.6
304.1
286.0
Diluted
304.2
303.6
304.1
286.0
(1) Current year includes the impact of
stock-based compensation forfeitures partially offset by cash
severance costs related to workforce optimization efforts in
connection with our transformation initiatives. Prior year includes
cash severance and stock-based compensation costs for key personnel
that separated from the Company and expenses for consultants and
advisors related to transformation initiatives.
(2) Prior year includes transaction costs
associated with the ATM offering. Adjusted net loss in the prior
year also includes the impact of the make-whole premium and
accelerated amortization associated with the voluntary early
redemption of the 2023 Senior Notes.
(3) Prior year amounts related to cash
severance costs and stock-based compensation have been reclassified
to conform to the current year presentation.
13 Weeks Ended
13 Weeks Ended
39 Weeks Ended
39 Weeks Ended
October 29, 2022
October 30, 2021
October 29, 2022
October 30, 2021
Reconciliation of
Net Loss to Adjusted EBITDA
Net loss
$
(94.7
)
$
(105.4
)
$
(361.3
)
$
(233.8
)
Interest (income) expense, net(1)
(3.7
)
0.8
(3.3
)
26.0
Depreciation and amortization
15.1
16.9
47.5
53.2
Income tax expense
2.1
1.7
6.8
6.1
EBITDA
$
(81.2
)
$
(86.0
)
$
(310.3
)
$
(148.5
)
Stock-based compensation
13.3
6.2
32.2
12.7
Transformation costs(2)(3)
1.3
—
0.4
6.5
Asset impairments
—
—
2.5
0.6
Significant transactions(1)
—
—
—
0.4
Divestitures and other (3)
—
—
—
18.3
Adjusted EBITDA
$
(66.6
)
$
(79.8
)
$
(275.2
)
$
(110.0
)
(1) Prior year includes transaction costs
associated with the ATM offering and the impact of the make-whole
premium and accelerated amortization associated with the voluntary
early redemption of the 2023 Senior Notes.
(2) Current year includes the impact of
stock-based compensation forfeitures partially offset by cash
severance costs related to workforce optimization efforts in
connection with our transformation initiatives. Prior year includes
cash severance and stock-based compensation costs for key personnel
that separated from the Company and expenses for consultants and
advisors related to transformation initiatives.
(3) Prior year amounts related to cash
severance costs and stock-based compensation have been reclassified
to conform to the current year presentation.
GameStop Corp. Schedule III
(in millions) (unaudited)
Non-GAAP results
The following table reconciles the Company's cash flows provided
by operating activities as presented in its unaudited Consolidated
Statements of Cash Flows and prepared in accordance with GAAP to
its free cash flow. Free cash flow is considered a non-GAAP
financial measure. Management believes, however, that free cash
flow, which measures our ability to generate additional cash from
our business operations, is an important financial measure for use
by investors in evaluating the company’s financial performance.
13 Weeks Ended
13 Weeks Ended
39 Weeks Ended
39 Weeks Ended
October 29, 2022
October 30, 2021
October 29, 2022
October 30, 2021
Net cash flows provided by (used in)
operating activities
$
177.3
$
(293.7
)
$
(230.0
)
$
(324.0
)
Capital expenditures
(13.0
)
(12.5
)
(44.3
)
(40.7
)
Free cash flow
$
164.3
$
(306.2
)
$
(274.3
)
$
(364.7
)
Non-GAAP Measures and Other
Metrics
Adjusted EBITDA is a supplemental financial measure of the
Company’s performance that is not required by, or presented in
accordance with, GAAP. We believe that the presentation of this
non-GAAP financial measure provides useful information to investors
in assessing our financial condition and results of operations. We
define Adjusted EBITDA as net income (loss) before income taxes,
plus interest expense, net and depreciation and amortization,
excluding stock-based compensation, transformation costs, business
divestitures, asset impairments, severance and other non-cash
charges. Net income (loss) is the GAAP financial measure most
directly comparable to Adjusted EBITDA. Our non-GAAP financial
measures should not be considered as an alternative to the most
directly comparable GAAP financial measure. Furthermore, non-GAAP
financial measures have limitations as an analytical tool because
they exclude some but not all items that affect the most directly
comparable GAAP financial measures. Some of these limitations
include:
- certain items excluded from Adjusted EBITDA are significant
components in understanding and assessing a company’s financial
performance, such as a company’s cost of capital and tax
structure;
- Adjusted EBITDA does not reflect our cash expenditures or
future requirements for capital expenditures or contractual
commitments;
- Adjusted EBITDA does not reflect changes in, or cash
requirements for, our working capital needs;
- although depreciation and amortization are non-cash charges,
the assets being depreciated and amortized will often have to be
replaced in the future, and Adjusted EBITDA does not reflect any
cash requirements for such replacements; and
- our computations of Adjusted EBITDA may not be comparable to
other similarly titled measures of other companies.
We compensate for the limitations of Adjusted EBITDA as an
analytical tool by reviewing the comparable GAAP financial measure,
understanding the differences between the GAAP and non-GAAP
financial measures and incorporating these data points into our
decision-making process. Adjusted EBITDA is provided in addition
to, and not as an alternative to, the Company’s financial results
prepared in accordance with GAAP, and should not be considered in
isolation or as a substitute for analysis of our results as
reported under GAAP. Because Adjusted EBITDA may be defined and
determined differently by other companies in our industry, our
definitions of these non-GAAP financial measures may not be
comparable to similarly titled measures of other companies, thereby
diminishing their utility.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20221207005811/en/
GameStop Investor Relations 817-424-2001 ir@gamestop.com
GameStop Public Relations 646-386-0091 media@gamestop.com
GameStop (NYSE:GME)
Historical Stock Chart
From Mar 2024 to Apr 2024
GameStop (NYSE:GME)
Historical Stock Chart
From Apr 2023 to Apr 2024