UPDATE: Oppenheimer Downgrades GameStop (GME) to Perform

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Go back to UPDATE: Oppenheimer Downgrades GameStop (GME) to Perform

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