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GameStop is reopening some stores after making more money than expected last quarter.

ResultsRead the original at benzinga.com
Neutral

Reopened stores and a revenue beat suggest stabilization, but total revenue fell and video game and pre-owned sales dropped; the company gave no reopening scope.

GME · GameStop Corp.

AI read · Neutral

The AI's read

GameStop said select closed stores are reopening starting September 11 and reported Q2 revenue that beat estimates. Overall revenue fell and video game and pre-owned sales dropped sharply. The reopenings lack scope detail, so the positives and negatives roughly cancel for now.

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