Has GameStop Forged a Cost Path Toward Sustainable Profitability?
Key Takeaways GameStop's Q1 net income hit 32.3M loss on strong cost discipline. Adjusted costs fell 24.8% and gross margin expanded 680 basis points to 34.5%. Sales slid 17% as hardware and software declined, partly offset by collectibles strength.GameStop Corp. (GME) delivered a notable improvement in its fiscal first-quarter 2025 results, driven largely by disciplined cost management and improved operational efficiency. The company slashed adjusted SG&A expenses by 24.8% year over ...