GameStop Reports Higher First-Quarter Sales and Earnings
GameStop reported higher first-quarter sales and net income for the quarter ended May 2, 2026. The company's collectibles business drove a 14% increase in net sales to $835.3 million compared to $732.4 million last year. A significant unrealized gain on derivative assets contributed to a jump in net income from $44.8 million to $389.6 million.
Topics: collectibles_business retail share_repurchase video_games