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GameStop Shares Plunge Over 14% After Revenue Decline - MSNGameStop reported $798 million in net sales through its second quarter, down 31% from the same period last year ($1.1 billion) and below analyst estimates of $896 million, according to FactSet.
GameStop Corp. posted the biggest quarterly drop in revenue in two years, showing the struggling video game retailer’s efforts to boost digital purchases haven’t compensated for a decline in ...
GameStop shares fell 7% before the bell on Thursday on signs that it will take longer for the brick-and-mortar videogame retailer to stem a revenue decline due to tough competition and weak demand.
Videogame retailer GameStop reported a decline in first-quarter revenue on Tuesday as customers increasingly opted for digital downloads over purchases at its brick-and-mortar stores, sending its ...
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GameStop’s revenue dropped by 17% after pivot to BTC - MSNGameStop saw its stock drop over 3.5% after-hours on Tuesday, after reporting a steep 17% decline in first-quarter revenue, landing at $732.4M, down from $881.8M a year earlier.
GameStop shares fell in extended trading Tuesday as the retailer's quarterly revenue fell year-over-year. ... Aurora Cannabis Stock Falls as Canadian Producer Expects International Sales to Decline .
However, revenue took a downturn in fiscal 2020 (pretty much calendar 2019) even before Covid hit, down 22%. Except for fiscal 2022, revenue has or is forecast to decline through fiscal 2026 ...
GameStop stock plunged on Wednesday after revealing a 31% revenue decline in its second-quarter earnings. The video game retailer's revenue drop comes amid the industry's shift to digital game ...
(Reuters) -Videogame retailer GameStop reported a decline in first-quarter revenue on Tuesday as customers increasingly opted for digital downloads over purchases at its brick-and-mortar stores ...
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