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GameStop | 10-Q/A: Quarterly report (Amendment)

GameStop | 10-Q/A: Quarterly report (Amendment)

遊戲驛站 | 10-Q/A:季度報表(修正版)
美股SEC公告 ·  2024/10/25 22:57

Moomoo AI 已提取核心訊息

GameStop reported Q2 FY2024 net sales of $798.3 million, down 31.4% from $1.16 billion in the prior year, while posting a net profit of $14.8 million compared to a $2.8 million loss last year. The decline was primarily driven by a 47.7% drop in software sales and a 24.4% decrease in hardware and accessories revenue. Gross profit margin improved to 31.2% from 26.3%.The company continued its cost optimization efforts, reducing selling, general and administrative expenses by 16% to $270.8 million. Interest income increased significantly to $39.5 million, up from $11.6 million last year, benefiting from higher returns on investments and proceeds from its at-the-market stock offering that raised approximately $3.1 billion.As of August 3, 2024, GameStop maintained a strong liquidity position with $4.2 billion in cash and marketable securities. The company has established an Investment Committee led by Chairman Ryan Cohen to manage its investment portfolio, and voluntarily terminated its $250 million revolving credit facility in August 2024 as it focuses on operating efficiency and strategic growth initiatives.
GameStop reported Q2 FY2024 net sales of $798.3 million, down 31.4% from $1.16 billion in the prior year, while posting a net profit of $14.8 million compared to a $2.8 million loss last year. The decline was primarily driven by a 47.7% drop in software sales and a 24.4% decrease in hardware and accessories revenue. Gross profit margin improved to 31.2% from 26.3%.The company continued its cost optimization efforts, reducing selling, general and administrative expenses by 16% to $270.8 million. Interest income increased significantly to $39.5 million, up from $11.6 million last year, benefiting from higher returns on investments and proceeds from its at-the-market stock offering that raised approximately $3.1 billion.As of August 3, 2024, GameStop maintained a strong liquidity position with $4.2 billion in cash and marketable securities. The company has established an Investment Committee led by Chairman Ryan Cohen to manage its investment portfolio, and voluntarily terminated its $250 million revolving credit facility in August 2024 as it focuses on operating efficiency and strategic growth initiatives.
遊戲驛站報告了2024財年第二季度的淨銷售爲79830萬,較前一年的11.6億下降了31.4%,同時實現凈利潤1480萬,相比去年280萬的虧損有所改善。這一下降主要是由於軟體銷售下降了47.7%,硬件和配件的營業收入減少了24.4%。毛利潤率從26.3%上升到31.2%。該公司持續進行成本優化工作,將銷售、一般和行政費用減少了16%,降至27080萬。利息收入顯著增加至3950萬,較去年1160萬有所上升,得益於更高的投資回報和來自其市場股票發行的收益,籌集了大約31億。截至2024年8月3日,遊戲驛站保持了強勁的流動性,擁有420億的現金和可交易證券。公司已成立由董事長Ryan Cohen領導的投資委員會來管理其投資組合,並在2024年8月自願終止了25000萬的循環信貸額度,以專注於運營效率和戰略增長計劃。
遊戲驛站報告了2024財年第二季度的淨銷售爲79830萬,較前一年的11.6億下降了31.4%,同時實現凈利潤1480萬,相比去年280萬的虧損有所改善。這一下降主要是由於軟體銷售下降了47.7%,硬件和配件的營業收入減少了24.4%。毛利潤率從26.3%上升到31.2%。該公司持續進行成本優化工作,將銷售、一般和行政費用減少了16%,降至27080萬。利息收入顯著增加至3950萬,較去年1160萬有所上升,得益於更高的投資回報和來自其市場股票發行的收益,籌集了大約31億。截至2024年8月3日,遊戲驛站保持了強勁的流動性,擁有420億的現金和可交易證券。公司已成立由董事長Ryan Cohen領導的投資委員會來管理其投資組合,並在2024年8月自願終止了25000萬的循環信貸額度,以專注於運營效率和戰略增長計劃。
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