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GameStop Corp
Previous close
$23.45
Day range
$23.24 - $25.39
Year range
$9.95 - $64.83
Market cap
11.11B USD
Avg Volume
5.83M
P/E ratio
193.44
Dividend yield
-
Primary exchange
NYSE
In the news
Financials
Income Statement
Revenue
Net income
(USD) | Aug 2024info | Y/Y change |
---|---|---|
Revenue | 798.30M | -31.41% |
Operating expense | 277.20M | -17.70% |
Net income | 14.80M | 628.57% |
Net profit margin | 1.85 | 870.83% |
Earnings per share | 0.01 | 133.33% |
EBITDA | -21.20M | -15.85% |
Effective tax rate | 15.43% | — |
Balance Sheet
Total assets
Total liabilities
(USD) | Aug 2024info | Y/Y change |
---|---|---|
Cash and short-term investments | 4.20B | 251.90% |
Total assets | 5.54B | 97.46% |
Total liabilities | 1.15B | -24.97% |
Total equity | 4.38B | — |
Shares outstanding | 426.51M | — |
Price to book | 2.28 | — |
Return on assets | -1.75% | — |
Return on capital | -2.08% | — |
Cash Flow
Net change in cash
(USD) | Aug 2024info | Y/Y change |
---|---|---|
Net income | 14.80M | 628.57% |
Cash from operations | 68.60M | 162.88% |
Cash from investing | 78.40M | 250.19% |
Cash from financing | 3.05B | 113,170.37% |
Net change in cash | 3.20B | 2,043.80% |
Free cash flow | 32.35M | 125.86% |
About
GameStop Corp. is an American video game, consumer electronics, and gaming merchandise retailer. The company is headquartered in Grapevine, Texas, and is the largest video game retailer worldwide. As of February 2024, the company operates 4,169 stores including 2,915 in the United States, 203 in Canada, 404 in Australia and 647 in Europe under the GameStop, EB Games, EB Games Australia, Micromania-Zing, ThinkGeek and Zing Pop Culture brands. The company was founded in Dallas in 1984 as Babbage's, and took on its current name in 1999.
The company's performance declined during the mid-to-late 2010s due to the shift of video game sales to online shopping and failed investments by GameStop in smartphone retail. In 2021, after retail investors on Reddit noticed that the short interest exceeded 100%, the company's stock price skyrocketed from $17.25 to over US$500 per share. According to the SEC report, this volatility was only in part due to the massive buying power of retail investors. The company received significant media attention during January and February 2021 due to the volatility of its stock price in the GameStop short squeeze; the company was ranked 577th on the Fortune 500. Wikipedia
CEO
Founded
1984
Headquarters
Website
Employees
17,000