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Stock impact report

GameStop Is Hinging Its Turnaround on These 5 Initiatives [The Motley Fool]

GameStop Corporation (GME) 
Last gamestop corporation earnings: 3/26 04:06 pm Check Earnings Report
Company Research Source: The Motley Fool
After a tough year for the technology brands segment, the company has put out a new set of strategic imperatives. GameStop ( NYSE:GME ) reported its fourth-quarter and full-year results on Mar. 28. While on the surface, both the top and bottom line were better than expected, weakness in key parts of the company's business further highlighted the precarious state of its turnaround. Before getting into that, here's a quick sales and earnings comparison across the retailer's last two fiscal years: Metric Year ending Jan. 28, 2017 Year ending Feb. 3, 2018 Revenue $8.61 billion $9.23 billion Adjusted earnings per share $3.74 $3.34 Data source: GameStop. Much of the sales momentum in the year was spurred by the successful launch of the  Nintendo  Switch console, but the positive effects were dampened by weakness in other areas of the business. A softer-than-expected launch for the  Apple  iPhone X and changes from AT&T  in its compens Show less Read more
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