• Loading stock data...
Saturday, October 18, 2025

GameStop Earnings Bring Mixed Results

  • GameStop’s earnings grew 25.6% year-over-year in the fiscal second quarter, as it continues to pivot toward e-commerce.
  • Earnings dipped slightly from Q1.
Design: Alex Brooks

GameStop spent much of its fiscal second quarter pivoting toward e-commerce, inching toward profitability in the process.

The video game retailer earned $1.18 billion in the 13 weeks ending July 31, up 25.6% year-over-year, but down 7.8% from last quarter’s $1.28 billion

  • GameStop lost $61.6 million in the quarter, compared to a $111.3 million loss in the same period last year, and a $66.8 million hit in Q1.
  • The game retailer, which became synonymous with the meme stock craze earlier this year, is reportedly in talks with fellow meme stock company AMC on a potential partnership. GameStop and AMC’s stock prices are up 957% and 2259% respectively since the start of the year.
  • GameStop raised $1.13 billion in June to help fuel its e-commerce pivot.

New chairman Ryan Cohen is looking to make the video game retailer the “Amazon of gaming,” and has added several former Amazon executives to key roles. GameStop is also hiring developers to build an NFT platform.

The company said that the Securities and Exchange Commission had requested documents related to its trading activity, but the probe was not expected to negatively impact revenue or operations.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Trump Push to End Quarterly Earnings Has Major Sports Ramifications

U.S. President Trump proposes moving to semi-annual reporting for public companies.

ESPN Income Down As Subscribers Fall, but Flagship Launch Looms

ESPN shows somewhat mixed results in Disney’s latest quarterly report.
Mar 31, 2025; Orlando, Florida, USA; A detailed view of the shoes worn by LA Clippers guard James Harden (1) during the game against the Orlando Magic at Kia Center.

Adidas Warns of Potential Price Hikes From Trump Tariffs

Skechers pulled its full-year guidance last week.
Dec 27, 2023; Oklahoma City, Oklahoma, USA; A close up view of New York Knicks forward Julius Randle (30) shoes during the second half against the Oklahoma City Thunder at Paycom Center.

Skechers Is Latest Company to Pull Guidance, Citing U.S. Tariffs

Skechers’s healthy international business will help it weather the effects of tariffs.

Featured Today

How Vanderbilt Went From SEC Doormat to Dark Horse CFP Candidate

After beating LSU, Clark Lea said: “Internally, we expect to win.”
May 27, 2025; Indianapolis, Indiana, USA; Indiana Pacers guard T.J. McConnell (9) shoots a three point basket over New York Knicks guard Josh Hart (3) during the third quarter of game four of the eastern conference finals for the 2025 NBA Playoffs at Gainbridge Fieldhouse
October 18, 2025

NBA Stars Swap Wine With League Friends and Foes

A wine-exchange tradition emerged from the bubble season’s close quarters.
May 25, 2025; Indianapolis, Indiana, USA; Derek Jeter walks the red carpet on Sunday, May 25, 2025, ahead of the 109th running of the Indianapolis 500 at Indianapolis Motor Speedway
October 16, 2025

The Players’ Tribune Is Still Kicking 11 Years Later

Founder Derek Jeter is still closely involved in the publication.
Las Vegas Aces center A'ja Wilson (22) celebrates with her teammates after her last second shot to take the lead 90-88 against the Phoenix Mercury in Game 3 of the WNBA Finals at Mortgage Matchup Center in Phoenix on Oct. 8, 2025.
exclusive
October 10, 2025

Standoff Over WNBA’s Future Has Dominated Finals

CBA negotiations have stolen the spotlight from the Aces’ dominant performance.
Jonathan Mariner

Former MLB CFO Jumps to PE, Says Teams Are Undervalued

Mariner worked in Major League Baseball for 24 years.
March 20, 2025

Nike Struggles Continue, but Signs of Turnaround Appear

The embattled company beats tepid expectations in both revenue and earnings.
James Harden
April 24, 2025

Adidas Posts Big Profits in First Quarter Without Yeezy

Profits and sales are up after selling off remaining Yeezys last year.
Sponsored

How Jenny Just Is Shaping the Future of Sports Ownership

Jenny Just on bringing her investment experience to sports ownership.
Oracle Park
March 18, 2025

S.F. Giants Selling Stake to Private Equity to Pay for Facility Upgrades

The team said the cash would not be used to grow payroll.
Aug 11, 2024; Paris, France; Medals are carried out on Louis Vuitton trays after the women's volleyball gold medal match during the Paris 2024 Olympic Summer Games at South Paris Arena
February 16, 2025

LVMH’s New Push: World’s Most Powerful Luxury Group Is Coming for Sports

LVMH is making long-term deals—and they’re not done.
February 14, 2025

DraftKings Turns First Full-Year Profit, Stock Up 47% in 2025

The company’s sports betting business continues to grow despite headwinds.
Billie Jean King
February 13, 2025

Billie Jean King: ‘Billionaires, Not Millionaires’ Are Fueling Women’s Sports Boom

Billie Jean King wants more women involved in team ownership, too.