YvetteGunther
2021-12-09

Looking at Q3's 10Q, just one interesting observation is "how" GME actually increased their revs 29% yoy.
$256.9M increase in Hardware sales, +62% (minuscule margins)
$45M increase in collectibles, +31% (less minuscule margins but still a joke)
$10M "decrease" in software (games) - 2.2% when that's what they're known for and gaming industry growing, doesn't look good, esp when their biggest margins are selling used games.
Just an idea: Considering the brand is probably available at a bargain price, maybe Gamestop should just rebrand to Toys R Us.... It's certainly fitting in many respects, don't you think?$GameStop(GME)$

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