NYSE$GME
GameStop Corp. · Q2 2024 earnings
Q2 2024 earnings · · Investor relations
Briefing
Announced second quarter 2024 results, revealing a decrease in net sales but an increase in net income compared to the prior year.
GameStop's second quarter 2024 results showed a decrease in net sales to $0.798 billion from $1.164 billion in the prior year, but net income increased to $14.8 million compared to a net loss of $2.8 million in the same quarter last year. The company's cash and cash equivalents stood at $4.204 billion at the end of the quarter.
- Net sales were $0.798 billion, down from $1.164 billion in the prior year's second quarter.
- SG&A expenses were $270.8 million, or 33.9% of net sales, compared to $322.5 million, or 27.7% of net sales, in the prior year's second quarter.
- Net income was $14.8 million, compared to a net loss of $2.8 million for the prior year’s second quarter.
- Cash, cash equivalents and marketable securities were $4.204 billion at the close of the quarter.
Headline financials
Revenue & EPS history
GameStop · Revenue · Quarterly
$798M
Revenue by segment
GameStop · $1.19B total across 3 segments · Q3 2023
- Hardware & Accessories$627M-6.4%52.8%
- Software$352M-19.0%29.7%
- Collectibles$207M+7.9%17.5%
Forward guidance
The press release contains forward-looking statements that are subject to significant risks and uncertainties.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 18 quarterly earnings reports · overlaid with Q2 2024
-2.7%
Avg return
Earnings day
-4.5%
Avg return
5 days after
-3.9%
Avg return
30 days after
51%
35 / 69 earnings
Positive
+41.5%
Q4 2022
Best reaction
-46.7%
Q1 2024
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +0.7% | -2.2% | — | |
| Q4 2025 | +1.8% | +5.4% | — | |
| Q3 2025 | +0.8% | -4.4% | -8.1% | |
| Q2 2025 | -0.7% | +8.2% | -1.2% | |
| Q1 2025 | +2.0% | -0.7% | +1.3% | |
| Q4 2024 | +11.7% | -12.1% | +8.1% | |
| Q3 2024 | +3.7% | +0.2% | +18.0% | |
| Q2 2024 | -14.9% | -14.8% | -13.8% | |
| Q1 2024 | -46.7% | -45.3% | -48.1% | |
| Q4 2023 | -12.9% | -17.2% | -25.9% | |
| Q3 2023 | +9.7% | +1.1% | +7.0% | |
| Q2 2023 | -1.8% | -11.5% | -21.6% | |
| Q1 2023 | -13.2% | -1.6% | -8.0% | |
| Q4 2022 | +41.5% | +42.1% | +19.9% | |
| Q3 2022 | +6.0% | -3.1% | -29.6% | |
| Q2 2022 | +2.7% | +16.3% | +0.8% | |
| Q1 2022 | +7.4% | +2.7% | -1.1% | |
| Q4 2021 | +4.5% | +41.8% | +73.6% | |
| Q3 2021 | -12.4% | -23.0% | -20.9% | |
| Q2 2021 | +0.1% | +2.2% | -13.2% | |
| Q1 2021 | -26.5% | -23.5% | -36.3% | |
| Q4 2020 | -38.1% | -6.9% | -22.3% | |
| Q3 2020 | -16.4% | -18.6% | +10.6% | |
| Q2 2020 | -19.2% | -10.3% | +56.1% | |
| Q1 2020 | +1.6% | -5.8% | -16.0% | |
| Q4 2019 | +1.9% | -16.1% | +14.4% | |
| Q3 2019 | -12.7% | -13.9% | -12.3% | |
| Q2 2019 | -3.4% | -7.4% | +6.1% | |
| Q1 2019 | -32.6% | -32.8% | -28.9% | |
| Q4 2018 | -6.9% | -4.9% | -15.4% | |
| Q3 2018 | -8.8% | -10.1% | -18.2% | |
| Q2 2018 | -1.0% | -0.6% | -9.7% | |
| Q1 2018 | +2.1% | +8.8% | +8.6% | |
| Q4 2017 | -8.9% | -7.6% | -0.1% | |
| Q3 2017 | +5.6% | +6.0% | +12.2% | |
| Q2 2017 | -9.7% | -12.7% | -6.8% | |
| Q1 2017 | -2.1% | -0.6% | -9.1% | |
| Q4 2016 | -14.0% | -9.8% | -3.7% | |
| Q3 2016 | +11.1% | +10.1% | +6.8% | |
| Q2 2016 | -9.3% | -10.2% | -11.1% | |
| Q1 2016 | -3.1% | -2.1% | -14.8% | |
| Q4 2015 | -0.9% | — | — | |
| Q3 2015 | -3.5% | — | — | |
| Q2 2015 | -6.3% | — | — | |
| Q1 2015 | +9.9% | — | — | |
| Q4 2014 | -3.6% | — | — | |
| Q3 2014 | -13.1% | — | — | |
| Q2 2014 | +3.9% | — | — | |
| Q1 2014 | +4.0% | — | — | |
| Q4 2013 | +4.3% | — | — | |
| Q3 2013 | -4.9% | — | — | |
| Q2 2013 | +8.4% | — | — | |
| Q1 2013 | -11.4% | — | — | |
| Q4 2012 | +12.6% | — | — | |
| Q3 2012 | +8.9% | — | — | |
| Q2 2012 | +8.9% | — | — | |
| Q1 2012 | -8.4% | — | — | |
| Q4 2011 | +0.9% | — | — | |
| Q3 2011 | +0.9% | — | — | |
| Q2 2011 | -1.9% | — | — | |
| Q4 2009 | +1.1% | — | — | |
| Q1 2010 | +1.1% | — | — | |
| Q1 2011 | +3.5% | — | — | |
| Q4 2008 | +0.7% | — | — | |
| Q4 2010 | +0.7% | — | — | |
| Q3 2010 | -0.9% | — | — | |
| Q3 2009 | -0.9% | — | — | |
| Q2 2009 | +0.5% | — | — | |
| Q2 2010 | +0.5% | — | — |
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