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Comment by turtlesdown11 | Hacker News Reader

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turtlesdown11·

Operating income was $232.1 million, not $285.9 million.

https://investor.gamestop.com/news-releases/news-details/202...

That total revenue also declined 5% YoY

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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.

Total revenue has declined for several years, -27% in 2024, -11% in 2023 (2023 rev was $5.9b, to $3.6b in 2025, this is a shrinking business).

They haven't had a genuinely good year in the last 15 years.

Their TTM revenue is down 66% from what it was in 2012.

In nominal dollars. In real dollars it's down 75%.

https://www.macrotrends.net/stocks/charts/GME/gamestop/reven...

And yet...

https://tradingeconomics.com/gme:us:eps

(Macrotrends has it, too.)

What's more important, revenue or profit?

Look at the 10Y. Still crap. No matter how you look at it this company is a dog.

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.

Yeah, Krypto. It's flying.

Apparently we have different definitions of flying. They sold a bunch of stock, bought treasuries and shut down some money sink stores. Amazing stuff. Apparently if I just buy treasuries and stop wasting money on garbage my stock should sore too.

This is such a weird religion.

What's your financial position with regards to gamestop?

What can you expect from an AI generated comment? Correctness?

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