Key Takeaways GameStop posted a surprise profit but continues to lose revenue in core retail.The company is shifting into ...

GameStop's pivot to the trading card market signals high-growth potential. Click to read why I'm upgrading GME to a Buy and ...

“GameStop has just over $10 per share in cash generating an impressive 4% + of annual income, but no clear strategy to reasonably deploy capital,” wrote Wedbush analyst Michael Pachter, in a ...

GameStop's current asset turnover ratio is 2.08x, versus an industry average of just 1x.; GameStop's current focus on "extreme frugality" involves strategic cost-cutting and streamlining measures ...

In a strategic repositioning, the GameStop CEO hints at a willingness to accept cryptocurrency in exchange of trading ...

GameStop Is Now Focused On Achieving Profitability. Here Is The Plan GameStop is refocusing on its brick-and-mortar stores and planning an initiative to motivate the company's staff.

In addition to the trading card focus, GameStop is also investing in cryptocurrency as it tries to find a more viable business model. Last month, the company bought about $500 million in bitcoin.

GameStop cautioned the strategy is untested and bitcoin is highly volatile. ... GameStop also announced fourth-quarter net profit of $131.3 million, ...

Video game retailer GameStop (NYSE: GME) managed double-digit comparable-sales growth during the fourth quarter thanks to strong demand for the Nintendo Switch. But that's where the good news ...

The other problem is that GameStop has already tried a diversification strategy in the past. It didn't work. The company acquired Spring Mobile, a retailer of wireless phones and plans, back in 2014.

Video game retailer GameStop (GME-1.21%) managed double-digit comparable-sales growth during the fourth quarter thanks to strong demand for the Nintendo Switch. But that's where the good news ended.

Video game retailer GameStop (NYSE: GME) managed double-digit comparable-sales growth during the fourth quarter thanks to strong demand for the Nintendo Switch. But that's where the good news ended.