GameStop reports $835.3M revenue for Q1, up 14% year-over-year, exceeding analyst expectations by $0.14 per share.
GameStop posted first-quarter non-GAAP earnings per share of $0.30, surpassing estimates by $0.14. Revenue reached $835.3 million, a 14% increase from the same period last year.
The company’s results exceeded consensus forecasts, reflecting stronger-than-expected performance. Prior-year Q1 revenue stood at $734.8 million, with earnings below current levels.
GameStop’s board also approved a $2.0 billion share repurchase program, valid through June 2, 2029, replacing an earlier authorization.