Slow Sales Drive 3Q Miss for GameStop (GME); Baird Cuts Price Target to $46

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GameStop Reports Third Quarter 2015 Results

November 23, 2015 8:30 AM EST

Company reiterates full year EPS guidance of $3.66 to $3.86

Gross margin rate expands by 280 basis points

GRAPEVINE, Texas--(BUSINESS WIRE)-- GameStop Corp. (NYSE: GME), a global family of specialty retail brands that makes the most popular technologies affordable and simple, today reported sales and earnings for the third quarter ended October 31, 2015.

The following table summarizes the third quarter results for fiscal 2015 and 2014 (in millions, except per share amounts):

            Quarter Ended *(Adjusted Results) Oct 31, 2015 Nov 1, 2014 Change Net sales $2,016.3 $2,092.2... More

GameStop Reveals Black Friday Week Deals

November 20, 2015 10:27 AM EST

Black Friday savings event starts November 20 and runs through Black Friday Weekend

Newly announced deals add to the savings, Only at GameStop offers include unique bundles, new and pre-owned video game products, and one-of-a-kind collectibles and Pop! vinyl products

GRAPEVINE, Texas--(BUSINESS WIRE)-- GameStop, a family of specialty retail brands that make the most popular technologies affordable and simple, revealed today its Black Friday offers and a series of Only at GameStop special pricing events for 10 days, starting Friday, November 20 running through Sunday, November 29.

... More