Last €29.28 EUR
Change Today -0.76 / -2.52%
Volume 50.0
G2SC On Other Exchanges
Symbol
Exchange
Berlin
As of 8:52 AM 04/17/14 All times are local (Market data is delayed by at least 15 minutes).

gamestop corp-class a (G2SC) Snapshot

Open
€29.16
Previous Close
€30.04
Day High
€29.41
Day Low
€29.13
52 Week High
11/15/13 - €45.54
52 Week Low
05/29/13 - €24.25
Market Cap
3.4B
Average Volume 10 Days
7.5
EPS TTM
--
Shares Outstanding
115.3M
EX-Date
03/13/14
P/E TM
--
Dividend
€1.32
Dividend Yield
2.87%
Current Stock Chart for GAMESTOP CORP-CLASS A (G2SC)

gamestop corp-class a (G2SC) Details

GameStop Corp. operates as a multichannel video game, consumer electronics, and wireless services retailer. The company sells new and pre-owned video game hardware; physical and digital video game software; pre-owned and value video game products; personal computer (PC) entertainment software in various genres, including sports, action, strategy, adventure/role playing, and simulation; digital products, including downloadable content, network points cards, prepaid digital and online timecards, and digitally downloadable software; video game accessories, such as controllers, gaming headsets, memory cards, and other add-ons for use with video game hardware and software; strategy guides, magazines, and gaming-related toys; and mobile and consumer electronics, including new smartphones, tablets, headphones, and accessories, as well as pre-owned smartphones, tablets, and MP3 players. It also operates electronic commerce Websites comprising gamestop.com, ebgames.com.au, ebgames.co.nz, gamestop.ca, gamestop.it, gamestop.es, gamestop.ie, gamestop.de, gamestop.co.uk, and micromania.fr. In addition, the company operates kongregate.com, a browser-based game site; Game Informer magazine, a physical and digital video game publication; a digital PC distribution platform available at gamestop.com/pcgames; iOS and Android mobile applications; and an online consumer electronics marketplace available at buymytronics.com. Further, it operates Simply Mac, a certified Apple products reseller; Spring Mobile, an authorized AT&T reseller operating AT&T branded wireless retail stores in the United States; and pre-paid wireless stores under the name Aio Wireless. As of March 27, 2014, it operated approximately 6,600 stores under the GameStop, EB Games, and Micromania names in 15 countries. The company, formerly known as GSC Holdings Corp., was founded in 1994 and is headquartered in Grapevine, Texas.

17,000 Employees
Last Reported Date: 04/2/14
Founded in 1994

gamestop corp-class a (G2SC) Top Compensated Officers

Chief Executive Officer and Director
Total Annual Compensation: $2.6M
President
Total Annual Compensation: $1.8M
Executive Chairman
Total Annual Compensation: $2.4M
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $1.2M
Executive Vice President of International
Total Annual Compensation: $998.3K
Compensation as of Fiscal Year 2012.

gamestop corp-class a (G2SC) Key Developments

GameStop Corp. Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended February 1, 2014; Provides Earnings Guidance for the First Quarter and Full Year of Fiscal 2014; Announces Goodwill Impairment Charges for the Fourth Quarter Ended February 1, 2014

GameStop Corp. reported unaudited consolidated earnings results for the fourth quarter and full year ended February 1, 2014. For the quarter, the company reported net sales of $3,683.8 million compared to $3,561.5 million a year ago. Operating earnings was $358.4 million compared to $412.3 million a year ago. Earnings before income tax expense was $356.6 million compared to $411.3 million a year ago. Net income attributable to company was $220.5 million or $1.89 per diluted share compared to $261.1 million or $2.15 per diluted share a year ago. Non-GAAP net income was $222.4 million or $1.90 per diluted share against $262.3 million or $2.16 per diluted share a year ago. The growth in sales and comps was driven by the successful launches of Microsoft's Xbox One and Sony's PlayStation 4. The decrease in earnings per share was primarily due to the impact of stronger-than-expected hardware sales and weaker-than-expected software sales, and the impact of the 53rd week last year. For the full year, the company reported net sales of $9,039.5 million compared to $8,886.7 million a year ago. Operating earnings was $573.5 million compared to operating loss of $41.6 million a year ago. Earnings before income tax expense was $568.8 million compared to loss before income tax expense of $44.9 million a year ago. Net earnings attributable to company was $354.2 million or $2.99 per diluted share compared to consolidated net loss attributable to company of $269.7 million or $2.13 per basic and diluted share a year ago. Non-GAAP net income was $356.1 million or $3.01 per diluted share against $403.0 million or $3.17 per diluted share a year ago. Sales increased 1.7% due to the launch of the new console cycle. During fiscal 2013, the company generated free cash flow of $632.6 million, which exceeded guidance range due to the timing of payments of accounts payable at the end of the year. The company provided earnings guidance for the first quarter and fiscal year 2014. For the quarter, the company expects total sales of 7.0% to 10.0%, comparable store sales of 5.0% to 8.0%, operating margin of 5.0% to 5.5% and diluted earnings per share of $0.55 to $0.60, depreciation & amortization expense of $40.0 to $42.0 million, income tax rate of 36.5% to 37.5% and net income of $64.0 to $70.0 million. For the fiscal year 2014, the company expects total sales of 8.0% to 14.0%, comparable store sales of 6.0% to 12.0%, operating margin of 6.5% to 7.0% and diluted earnings per share of $3.40 to $3.70, depreciation & amortization expense of $165.0 to $175.0 million, income tax rate of 36.5% to 37.5% and net income of $398.0 to $433.0 million. Capital expenditures of approximately $160 million. The company expects free cash flow of between $450 million and $500 million in 2014. For the fourth quarter ended February 1, 2014, the company recorded goodwill impairment charges of $10.2 million compared to nil a year ago.

GameStop Seeks Acquisitions

Rob Lloyd, Executive Vice President and Chief Financial Officer of GameStop Corp. (NYSE:GME) told, “we expect to add between a total of 300 to 400 stores among our three technology brands this year through either new store openings or acquisitions.”

GameStop Launches the GameStop Technology Institute; Jeff Donaldson to Serve as Senior Vice President

GameStop announced the launch of the GameStop Technology Institute (GTI), a new business unit focused on creating affiliations with technology corporations and academic institutions to discover and deliver business innovation and technology solutions to better address the needs of present empowered consumer. Joining GameStop as founding partners of GTI are IBM and the Center for Retailing Studies at Texas A&M University's Mays Business School. By joining forces with these companies, GameStop will leverage GTI to explore and build best-in-class research and development processes to create and implement within its global retail locations the next generation of new, innovative business applications. IBM will bring to GTI its cloud development experience, and design expertise from the IBM Design Lab. GameStop will leverage IBM's open cloud development platform, BlueMix, to build new mobile and cloud applications that integrate with GameStop's existing systems, creating a hybrid cloud environment that will allow GameStop to add greater context around both in-store and online customer interactions. By seamlessly linking a customer's online and in-store experiences using IBM's open-standards based, high-value cloud platform, GameStop will be able to remove the complexity involved with transactions and improve the level of service that they deliver to their customers. Harnessing the power of BlueMix enables GameStop developers to quickly innovate, prototype and connect with their customers at the right time using APIs for big data, analytics and mobile. GameStop's Jeff Donaldson will chair the direction and efforts of the institute, serving in the role of senior vice president of GTI.

 

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Industry Analysis

G2SC

Industry Average

Valuation G2SC Industry Range
Price/Earnings 13.9x
Price/Sales 0.5x
Price/Book 2.1x
Price/Cash Flow 9.2x
TEV/Sales 0.5x
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