Welcome to our dedicated page for Gamestop news (Ticker: GME), a resource for investors and traders seeking the latest updates and insights on Gamestop stock.
GameStop Corp (GME) is a leading specialty retailer at the intersection of gaming, consumer electronics, and pop culture. This page aggregates official corporate communications and verified news developments, providing stakeholders with a centralized resource for tracking material events.
Investors and analysts will find timely updates including quarterly earnings disclosures, executive leadership announcements, strategic partnerships, and product launch details. All content is curated to meet regulatory standards while maintaining accessibility for both professional and casual observers of the company.
The archive includes press releases covering financial results, store operations updates, e-commerce initiatives, and corporate governance matters. Each entry is categorized for efficient navigation, reflecting GameStop's unique position in retail gaming and technology markets.
Bookmark this page for direct access to primary source materials from GameStop's investor relations team. Check regularly for updates on the company's omnichannel strategy, inventory developments, and responses to industry trends.
GameStop (NYSE: GME) has announced the pricing of $1.3 billion of 0.00% Convertible Senior Notes due 2030 in a private offering to qualified institutional buyers. The notes, set to close on April 1, 2025, will be unsecured obligations with no regular interest. The company expects net proceeds of approximately $1.28 billion, which will be used for general corporate purposes, including Bitcoin acquisition.
The notes' initial conversion rate is 33.4970 shares of Class A common stock per $1,000 principal amount, equivalent to a conversion price of $29.85 per share - a 37.5% premium over the current stock price. GameStop may redeem the notes after April 6, 2028, under specific conditions. Noteholders can require GameStop to repurchase their notes on April 3, 2028, at 100% of the principal amount.
GameStop (NYSE: GME) has announced plans to offer $1.3 billion in Convertible Senior Notes due 2030 through a private offering to qualified institutional buyers. The notes will be unsecured obligations with 0.00% interest rate and mature on April 1, 2030.
The initial purchasers will have a 13-day option to buy an additional $200 million in notes. Upon conversion, GameStop can choose to pay in cash, Class A common stock shares, or a combination of both. The conversion price will be based on the weighted average stock price during specific trading hours on the pricing date.
The company plans to use the proceeds for general corporate purposes, including Bitcoin acquisition according to their Investment Policy. The notes and related common stock shares will not be registered under the Securities Act and have restricted trading conditions.
GameStop (NYSE: GME) has announced a significant shift in its investment strategy as its board unanimously approved an update to the company's investment policy to include Bitcoin as a treasury reserve asset. The decision, announced from the company's headquarters in Grapevine, Texas on March 25, 2025, marks GameStop's entry into cryptocurrency holdings as part of its treasury management strategy.
GameStop (NYSE: GME) has released its Q4 and fiscal year 2024 financial results. For Q4, the company reported net sales of $1.283 billion, down from $1.794 billion in the previous year. Q4 net income doubled to $131.3 million from $63.1 million year-over-year, while adjusted EBITDA improved to $96.5 million from $88.0 million.
For the full fiscal year 2024, net sales decreased to $3.823 billion from $5.273 billion in FY2023. However, annual net income significantly improved to $131.3 million compared to $6.7 million in the previous year. The company ended Q4 with a strong cash position of $4.775 billion in cash, cash equivalents, and marketable securities. Notable operational changes included the divestiture of Italian operations and the wind-down of store operations in Germany.
GameStop (NYSE: GME) has scheduled the release of its fourth quarter fiscal 2024 financial results, which will be announced after market hours on Tuesday, March 25, 2025. The company will share its quarterly performance report from its headquarters in Grapevine, Texas.
GameStop (NYSE: GME) has announced a strategic partnership with Zip Co. (ASX: ZIP), making Zip their primary pay-in-installments service for both online and in-store customers in the United States. This collaboration integrates Zip's Buy Now, Pay Later (BNPL) solution across GameStop's retail network.
Zip, with 6.3 million active customers and 81.9K merchants across the U.S., Australia, and New Zealand, will provide flexible payment options to GameStop's customer base. The partnership is particularly significant as nearly 84% of Zip's U.S. customers already shop for gaming and accessories at GameStop, with many making repeat purchases.
This integration aims to enhance GameStop's payment flexibility while potentially expanding their customer base through Zip's inclusive credit assessment approach, which serves customers traditionally underserved by conventional financial institutions.
GameStop Corp. (NYSE: GME) has announced plans to pursue the sale of its operations in France and Canada as part of an evaluation of its international assets. The announcement represents a significant strategic move that could reshape the company's international presence.
The company has provided an email address (M&A@gamestop.com) for inquiries regarding this potential sale. The announcement includes standard cautionary statements regarding forward-looking statements, noting that actual results may differ from current expectations.
GameStop (NYSE: GME) has released its Q3 2024 financial results, reporting net sales of $0.860 billion, down from $1.078 billion in the prior year's quarter. The company achieved a net income of $17.4 million, improving from a $3.1 million loss in the same period last year. SG&A expenses decreased to $282.0 million from $296.5 million year-over-year.
The company's cash position stands at $4.616 billion. During the quarter, GameStop completed its at-the-market equity offering, selling 20.0 million shares for gross proceeds of approximately $400.0 million. The company stated it does not anticipate further at-the-market offerings during the current fiscal year.
GameStop (NYSE: GME) has announced it will release its third quarter fiscal 2024 financial results after market close on Tuesday, December 10, 2024. The company will provide detailed financial performance information for the period in this upcoming earnings release.
GameStop Corp. (NYSE: GME) has announced the appointment of Nat Turner to its Board of Directors. Turner currently serves as the Chairman and CEO of Collectors Holdings, Inc. The appointment represents a strategic addition to GameStop's leadership structure.
