GME faces questions about the world's battered supply chain and adapting to a digital world. GameStop reported revenue of $1.297 billion, better than FactSet estimates for $1.189 billion. Yearly comparisons have gotten tougher as more GameStop stores reopened in late 2020. The company lost $1.39 per share. That was worse than the 52-cent per-share loss forecast.
The situation reflects its focus on front-loading investments in inventory to meet increased customer demand and mitigate supply chain issues.$GameStop(GME)$
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