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GameStop stock soars 35% on surprise quarterly profit, higher sales

Por: MarketWatch Business March 22, 2023

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GameStop earned $48.2 million, or 16 cents a share, in the fourth quarter, contrasting with a loss of $147.5 million, or 49 cents a share, in the year-ago quarter. Sales dropped slightly to $2.23 billion, from $2.25 billion a year ago, in the prior year’s fourth quarter. Analysts polled by FactSet expected the videogame retailer to report an adjusted loss of 13 cents a share on sales of $2.18 billion. GameStop said it trimmed its inventory to... + full article



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