GameStop Corp. (GME) is currently priced at $24.97, experiencing a decrease of 44 cents (-1.73%) from the previous close of $25.41. The trading volume is at $1.66 million, representing a 24.22% change relative to the average volume.
In the latest quarterly earnings report released on March 23rd, GameStop reported earnings per share of 23.29 cents, falling short of the consensus estimate of 37 cents.
GameStop's cash flow activities show a net change in cash of -$1.54 billion, with operating cash flow at $193.6 million. Notable figures include free cash flow of $187.4 million and debt repayment of $4 million.
With total revenue of $1.10 billion, GameStop generated a gross profit of $386.8 million. Operating income stands at $144.9 million, resulting in a net income of $127.9 million. Earnings per share (EPS) and EPS diluted are reported at 28 cents and 24 cents, respectively.
Key financial metrics include a quick ratio of 14.68, net profit margin of 11.58%, and a price-earnings ratio of 20.89. GameStop's return on equity is 2.35, with a price-to-book ratio of 1.96.
GameStop's balance sheet shows total assets of $10.45 billion, including $6.30 billion in cash and cash equivalents. Total liabilities amount to $5 billion, with a net debt of -$1.94 billion.
This real-time financial report provides insights into GameStop Corp.'s current financial status and performance metrics.
GameStop Corp., a specialty retailer, provides games and entertainment products through its e-commerce properties and various stores in the United States, Canada, Australia, and Europe. The company sells new and pre-owned gaming platforms; accessories, such as controllers, gaming headsets, virtual reality products, and memory cards; new and pre-owned gaming software; and in-game digital currency, digital downloadable content, and full-game downloads. It also sells collectibles comprising licensed merchandise primarily related to the gaming, television, and movie industries, as well as pop culture themes. As of January 29, 2022, the company operated 4,573 stores and ecommerce sites under the GameStop, EB Games, and Micromania brands; and 50 pop culture themed stores that sell collectibles, apparel, gadgets, electronics, toys, and other retail products under the Zing Pop Culture brand, as well as offers Game Informer, a print and digital video game publication featuring reviews of new releases, previews of the big titles on the horizon, and coverage of the latest developments in the gaming industry. The company was formerly known as GSC Holdings Corp. GameStop Corp. was founded in 1996 and is headquartered in Grapevine, Texas.