Total revenue declined because they closed stores. But income went up because those stores were losing money.
They also made a lot off of interest on their cash, but that is going to get cut by about 30% if this goes through, as the combined cash position Gamestop has access to declines from 9 billion to 6 billion. Or so I've heard.
I am? Last reported quarter was their 10Y high. The Q4 before that is in the top 5. And it's been positive for almost 2 years, whereas before, it had been negative for several.
>No matter how you look at it this company is a dog.
They also made a lot off of interest on their cash, but that is going to get cut by about 30% if this goes through, as the combined cash position Gamestop has access to declines from 9 billion to 6 billion. Or so I've heard.