GameStop's stock rose 4% after CEO Ryan Cohen purchased one million shares in the open market, signaling strong insider confidence. This move stands out as the broader gaming sector, including Take-Two and Roblox, showed little change. Despite a 19% drop in sales, GameStop reported record operating income and raised its EBITDA forecast, driven by collectibles and cost discipline rather than game sales growth. Investors will watch if this insider buying trend continues and how the stock holds its gains amid ongoing challenges.
On the day GameStop released its earnings report, an insider purchased $1 million worth of company shares. This move suggests strong confidence in the company's future despite market uncertainties. Insider buying often signals positive expectations a...
GameStop's stock rose 4% following a strong fiscal Q2 report driven by a 57% increase in collectibles sales, which now form a higher-margin part of its business. The company reported adjusted earnings per share of $0.27, beating estimates, despite ov...
GameStop's Q2 FY2027 earnings report showed a major shift with collectibles now the largest revenue source, driving a gross margin increase to 43.7% from 29.1%. Revenue hit $790.2 million, beating estimates, and adjusted EBITDA more than doubled to $...
GameStop reported Q2 2026 revenue of $790.20 million, beating analyst estimates but showing a 19% year-over-year decline due to a strong prior year and strategic store closures. The company's Collectibles segment grew 57% to $356.30 million, offsetti...
GameStop is set to report its Q2 2026 earnings with analysts expecting an EPS of $0.27 and revenues around $756.85 million, down from $972.20 million the previous year. The company’s own sales forecast of $780-$800 million confirms a significant reve...
