GameStop reported its Q4 earnings with figures falling short of Wall Street expectations. The company posted adjusted earnings per share (EPS) of $0.22, missing the estimated $0.30, and reported net sales of $1.79 billion, below the anticipated $2.05 billion and down 8.1% YoY. This marks a significant year-over-year decline in revenue, down 19%, with hardware and accessories sales dropping 12% to $1.09 billion, software net sales decreasing 31% to $465.3 million, and collectibles net sales at $233.7 million. Following the earnings release, GameStop's stock price plummeted by 17%, reflecting investor disappointment over the company's performance.