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GameStop earnings after the close tomorrow. Will there be any more Bitcoin buys? Or Roaring Kitty memes/GIFs? Will anyone care about the results for the actual stores? Probably no conference call. $GME has been somewhat quiet this year. Stock down 3%.
GameStop $GME will report Q1 2025 earnings on June 10 at 4:30 PM EST. - $GME is closing stores around the globe to optimize costs and achieve better profitability: 966 net stores closed in FY24 (see breakdown below by region grabbed by the Co-Analyst from the most recent 10-K) - https://t.co/1FEAujhcaV
GameStop komt met cijfers: aandacht gaat best naar bitcoin https://t.co/dmCulk1BnI https://t.co/9UnPK76RXW
GameStop Corp. is set to report its Q1 2025 earnings on June 10 at 4:30 PM EST, marking the company's first earnings release since it began investing in Bitcoin. The video-game retailer, known for sparking the meme stock frenzy in 2021, has recently entered the cryptocurrency market, raising investor interest in its new strategy. Alongside its Bitcoin acquisition, GameStop has been restructuring its physical retail presence by closing 966 net stores worldwide in fiscal year 2024 to optimize costs and improve profitability. Despite these changes, the company’s stock has declined by 3% this year. The upcoming earnings report will be closely watched to assess the impact of the cryptocurrency investment and the ongoing store closures, though no conference call is expected.
