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Stock impact report

GameStop is closing more stores this year. Here's what we know so far. [Yahoo! Finance]

GameStop Corporation (GME) 
Last gamestop corporation earnings: 3/26 04:06 pm Check Earnings Report
Company Research Source: Yahoo! Finance
GameStop did not respond to USA TODAY's multiple requests for comment, but closures have been reported in states such as Ohio, California, and Alabama. In a March 2025 filing with the Securities and Exchange Commission (SEC), GameStop said it planned on closing “a significant number of additional stores in fiscal 2025,” which ends on Jan. 31, 2026, per the documents. In the documents, GameStop said a significant amount of customers have chosen to download games instead of buying games physically in-store. “The current consoles from Sony, Nintendo and Microsoft have facilitated download technology,” GameStop wrote. “If consumers' preference for downloading video game content in lieu of physical software continues to increase, our business and financial performance may be adversely impacted.” When the documents were filed, GameStop said the company closed 590 stores during fiscal year 2024 and was operating 3,203 stores worldwide. The company had previously announced plans to s Show less Read more
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