Latest News on GameStop (GME) Stock

  • GameStop Is Hinging Its Turnaround on These 5 Initiatives [April 22 2018 04:50 AM]
  • After a tough year for the technology brands segment, the company has put out a new set of strategic imperatives. Read more about this GameStop (GME) news
  • What’s Best Buy’s Valuation? [April 20 2018 07:30 AM]
  • Consumer electronics retailer Best Buy (BBY) was trading at a forward PE (price-to-earnings) ratio of 15.0x as of April 18. Best Buy’s fiscal 4Q18 revenue as well as earnings were way ahead of analysts’ expectations. Improved consumer sentiment, strong gaming sales, and a favorable competitive landscape resulting from a decline in competitors helped Best Buy end the fiscal year on a strong ... Read more about this GameStop (GME) news

  • What Analysts Expect for Best Buy’s Earnings [April 20 2018 06:00 AM]
  • In the past 12 quarters, Best Buy’s (BBY) earnings have exceeded analysts’ expectations 11 times and were in line with expectations once. In fiscal 4Q18, which ended on February 3, 2018, Best Buy delivered adjusted EPS (earnings per share) of $2.42 and easily surpassed the consensus analyst estimate of $2.04. Read more about this GameStop (GME) news

  • How Best Buy Is Working to Improve Its Margins [April 20 2018 04:31 AM]
  • Best Buy’s (BBY) gross as well as operating margin declined in fiscal 2018, which ended on February 3, 2018. Best Buy’s gross margin contracted 60 basis points to 23.4% in fiscal 2018. This contraction in the segment’s gross margin was a result of the unfavorable comparison with fiscal 2017, which included a gain of $183 million related to the cathode ray tube settlement. Read more about this GameStop (GME) news

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