GME
GameStop Corp.
GameStop Corp. Q2 FY2021 earnings call
September 8, 2021 · fiscal period ended 2021-07
EPS · actual vs est
$-0.19 / $-0.11Miss -72.7%
Revenue · actual vs est
$1.18B / $837.4MBeat +41.3%
Summary
Generated 2021-09-08
Management highlights
- New management team settled in, focused on delighting customers and delivering value for stockholders.
- Added technology talent across the organization. Expanded fulfillment network with a 530,000-square-foot facility in Reno, Nevada (to be operational next year) and a 700,000-square-foot facility in York, Pennsylvania that began shipping orders during the quarter.
- Grew catalog by adding new products and leading brands across consumer electronics, collectibles, toys, etc.
- Signed lease on a new customer care facility in South Florida and started adding talent to that team.
- Raised more than $1.1 billion in net proceeds from the June ATM program, ended quarter with cash and restricted cash of $1.775 billion.
Segment performance
No specific breakdown of product segment financial performance provided in the transcript.
Guidance
We are not providing formal guidance at this time.
Q&A highlights
Q: No Q&A session as part of today's call A:
Key numbers
Reported versus consensus
Earnings calendar feed
| Metric | Reported | Consensus | Delta | Prior year |
|---|---|---|---|---|
| EPS | $-0.19 | $-0.11 | -72.7% | $-0.35 |
| Revenue | $1.18B | $837.4M | +41.3% | $942.0M |
Transcript
September 8, 2021Full transcript unavailable for redistribution
The structured summary above covers the available call sections. Full transcript text is not included on this page.
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Prior quarters
This page presents the stored structured earnings-call summary and deterministic earnings calendar values. How this is generated. For informational purposes only; not investment advice.