GameStop Fiscal Q2 Swings to Adjusted Earnings, Sales Decline-March 2024-www.financetom.com

GameStop Fiscal Q2 Swings to Adjusted Earnings, Sales Decline

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GameStop Fiscal Q2 Swings to Adjusted Earnings, Sales Decline

Sep 11, 2024 4:05 AM

04:27 PM EDT, 09/10/2024 (MT Newswires) -- GameStop ( GME ) reported late Tuesday its fiscal Q2 swung to adjusted earnings of $0.01 per diluted share from a loss of $0.03 a year earlier.

Two analysts polled by Capital IQ expected a loss of $0.09 per share.

Net sales for the quarter ended Aug. 3 was $798.3 million, down from $1.16 billion a year earlier.

Two analysts surveyed by Capital IQ expected $895.7 million.

Price: 23.50, Change: +0.05, Percent Change: +0.21

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