GameStop (GME) Reports In-Line Q2 EPS, Comps Increase 1.9%

GameStop (NYSE: GME) reported Q2 EPS of $0.15, in-line with the analyst estimate of $0.15. Revenue for the quarter came in at $1.69 billion versus the consensus estimate of $1.62 billion.

Continued strength in Nintendo Switch sales helps drive a 1.9% increase in same store sales

Earnings Outlook

The company is reiterating its full-year diluted earnings per share guidance of $3.10 to $3.40, and given the success of hardware sales to date, we now expect full-year comparable store sales to be at the high end of our previously stated guidance range of -5.0% to 0.0%.

For earnings history and earnings-related data on GameStop (GME) click here.

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