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Stock impact report

Does Profit Growth On Falling Sales And Collectibles Momentum Change The Bull Case For GameStop (GME)? [Yahoo! Finance]

GameStop Corporation (GME) 
Last gamestop corporation earnings: 3/26 04:06 pm Check Earnings Report
Company Research Source: Yahoo! Finance
income rose to US$77.1 million and diluted earnings per share increased to US$0.13 from US$0.04. The quarter underlined an earnings-driven turnaround powered by tighter cost controls and growing collectibles sales, even as core hardware and software revenues continued to weaken. We'll now examine how this profit growth amid falling sales, and especially the rising importance of collectibles, shapes GameStop's investment narrative. AI is about to change healthcare. These 30 stocks are working on everything from early diagnostics to drug discovery . The best part - they are all under $10b in market cap - there's still time to get in early. To own GameStop today, you have to believe that management can squeeze durable profits out of a shrinking core retail base while successfully leaning into collectibles and tight cost control. The latest quarter reinforces that trade-off: revenue slipped to US$821 million and missed expectations, yet net income jumped to US$77.1 million as SG&A Show less Read more
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