GameStop Corp. reported a surprising third-quarter profit, attributed to cost-cutting measures, despite a continued decline in sales. The company's revenue fell, yet profits exceeded expectations, leading to an 11% jump in its stock price. However, analysts from Wedbush have indicated that GameStop has 'virtually no chance' of returning to profitability in its core business. Additionally, the company is facing a 20% drop in sales and is considering further store closures. Baird analysts expressed limited confidence in GameStop's ability to restore growth or improve profitability, reflecting concerns over the retail sales outlook for video games.