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GameStop's Q4 sales down 28.5% to $1.28B

Summary by BizToc
GameStop Corp. revealed on Tuesday that its net sales in the fourth quarter of its fiscal 2024 plunged by 28.5% compared to the same period a year before, to land at $1.28 billion. On the other hand, ...

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GameStop's Q4 sales down 28.5% to $1.28B

GameStop Corp. revealed on Tuesday that its net sales in the fourth quarter of its fiscal 2024 plunged by 28.5% compared to the same period a year before, to land at $1.28 billion. On the other hand, ...

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the deep divethe deep dive

GameStop Reports Upswing In Net Income Despite 28% Sales Drop

GameStop (NYSE: GME) posted its latest financial results for Q4 and fiscal year 2024, reporting quarterly net sales of $1.28 billion, down significantly from $1.79 billion in the same period last year. In the fourth quarter, gross profit margins expanded to 28.3% from 23.4% a year ago, suggesting tighter control over cost of sales. SG&A expenses totaled $282.5 million, an improvement from $359.2 million in last year’s fourth quarter—an over 21% …

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BizToc broke the news in on Tuesday, March 25, 2025.
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