GameStop Reports First Quarter Fiscal 2019 Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/4/2026
- Wall Street ends lower as solid jobs data fuels hawkish Fed bets
- US nonfarm payrolls blow past expectations in August; unemployment rate steady at 4.1%
- BofA's Hartnett says stay long commodities and gold as 'policy panic' works
- Oil ends week higher on renewed US-Iran strikes, diesel hits record
- TikTok owner ByteDance said to secure $29.6bn loan for AI push
- After-Hours Movers: LULU, IOT, PATH, DOCU, ASAN, GWRE, ZS, PL, SWBI, OXM
- After-Hours Movers: AVGO, SNOW, HPE, NTAP, NTSK, CHPT, FIVE, TLYS, PVH, RARE
- After-Hours Movers: DELL, PANW, GTLB, CRDO, MDB, HPE, SMCI
- After-Hours Movers: WDAY, ADSK, S, RBRK, MRVL, ULTA, GAP, AFRM
- After-Hours Movers: NVDA, CRM, SNPS, CRWD, OKTA, NTNX
GameStop (GME) PT Lowered to $8 at Macquarie
June 5, 2019 8:41 AM EDTMacquarie analyst Ben Schachter lowered the price target on GameStop (NYSE: GME) to $8.00 (from $11.00) while maintaining a Neutral rating.
GME cut its dividend to zero and outlined a high-level turnaround strategy.Mgmt.s plan is to reduce costs, optimize... MoreGameStop (GME) Tops Q1 EPS by 10c, Revs Miss; Eliminates Dividend
June 4, 2019 4:08 PM EDTGameStop (NYSE: GME) reported Q1 EPS of $0.07, $0.10 better than the analyst estimate of ($0.03). Revenue for the quarter came in at $1.55 billion versus the consensus estimate of $1.64 billion.
Consolidated comparable store sales decrease of 10.3% (10.2% in the U.S. and 10.4% internationally).
George Sherman, GameStops chief executive officer said, Since joining GameStop in April, I have been undertaking a thorough review of the business and working closely with the team to improve our operational and financial performance, address the challenges that have... More
