Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnAISquareMore
GameStop Expects Q2 Sales Decline, Net Income Growth

GameStop Expects Q2 Sales Decline, Net Income Growth

MT newswireMT newswire2026/08/31 11:18
By:MT newswire
07:18 AM EDT, 08/31/2026 (MT Newswires) -- GameStop (GME) said Monday that Q2 net sales are expected at $780 million to $800 million, down from $972.2 million a year earlier, mainly due to store closures, the France divestiture and the prior-year Nintendo Switch 2 launch. An analyst polled by FactSet expected $756.9 million. The net income is expected at $290 million to $310 million, up from $168.6 million a year earlier, the company said. An analyst polled by FactSet expected $161.3 million. The company expects to report full Q2 results on Sept. 8, it added. GameStop shares were up 5% in premarket activity.
0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!