How much money does GameStop make a year?

GameStop Corp. is the world’s largest video game and entertainment software retailer. The company operates 4,816 retail stores across the United States and in fifteen countries worldwide….Compare GME With Other Stocks.

GameStop Annual Revenue (Millions of US $)
2019	$8,285
2018	$8,547
2017	$7,965
2016	$9,364

How much money did GameStop make in 2021?

For the fiscal period ended January 2021, GameStop earned $1.34 per share on revenue of $2.12 billion. Wall Street was expecting earnings per share of $1.35 on revenue of $2.21 billion, according to Refinitiv’s average of the six analysts.

Was GameStop profitable?

Net income was $80.5 million, or $1.19 per diluted share on 67.8 million shares outstanding and included a $1.03 per share tax benefit as described above, as compared to diluted earnings per share of $0.32 in the fiscal 2019 fourth quarter.

When was the last time GameStop turned a profit?

For the 52-week period ending on February 2, 2019, GameStop reported a record-breaking net loss of $673 million. This was a change from the net profit of $34.7 million in the previous year. The net sales for fiscal year 2018 were down 3% year-on-year to $8.29 billion. The company also eliminated its dividend.

Was GameStop profitable in 2020?

GameStop reports $215 million loss in fiscal 2020, misses fourth-quarter expectations. After a huge year for video games, GameStop reported its Q4 and fiscal 2020 earnings on Tuesday. The company missed estimates, with $5 billion in revenue and a $215 million loss for the year.

How much does the average GameStop employee make?

Average GameStop hourly pay ranges from approximately $8.18 per hour for Cashier/Sales to $22.36 per hour for District Manager. The average GameStop salary ranges from approximately $16,000 per year for Game Tester to $74,013 per year for District Manager.

What is the market value of GameStop stock?

And GameStop is now the most valuable stock in the S&P SmallCap 600 index. It’s more three-times more valuable than the index’ No. 2: $7.3 billion Cleveland-Cliffs ( CLF ). And if in the benchmark S&P 500, GameStop would rank 257 in terms of market value, ahead of Nasdaq ( NDAQ) and Campbell Soup ( CPB ).

How many shares of GameStop does Blackrock own?

It owns 9.5 million shares, through September, or nearly 14% of shares outstanding. Adding that up and Fidelity hauled in a nearly $3 billion gain just this year for its investors. Similarly, BlackRock scored $2.6 billion and Vanguard $1.6 billion, as they own 12.3% and 7.6% of GameStop, respectively.

How much money is being bet on sports every year?

Online gambling has been growing steadily for the last 20 years. The industry was barely worth $10 million in 2000. But today, it’s bigger than Facebook. More money is wagered online than is spent on Valentine’s Day. In the UK, new casinos launch every month, each with the goal of becoming a future powerhouse.

What is the hourly pay at GameStop?

The average hourly rate of pay for a Gamestop game adviser or sales associate is $7.83 per hour, or just above minimum wage. Employees that have been promoted to senior game adviser make an average of $9.12 per hour.

How much does GameStop pay employees?

Hourly pay at GameStop Corp. ranges from an average of $8.49 to $18.81 an hour. GameStop Corp. employees with the job title Retail Store Manager make the most with an average hourly rate of $16.33, while employees with the title Cashier make the least with an average hourly rate of $8.25.

What are the benefits of working at GameStop?

Benefits of Working at GameStop. GameStop has a very good benefits plan for their employees, but in order to qualify for them you have to work full-time. Benefits include: 15% employee discount on games and merchandise. Health insurance options from a number of providers.

What are the requirements for GameStop?

Requirements Must be at least 18 years old. Preferred experience working in a distribution center. High school diploma or GED preferred. Able to lift and move boxes up to 50 pounds. Must be able to work 8 hours 6 or 7 days a week. Able to walk or stand all day. Must comply with all of GameStop’s policy and procedures.

GameStop hasn’t turned a profit since 2017 and has gone through five chief executives in that time. George Sherman, who formerly led Advance Auto Parts and Best Buy Services, took the helm in April 2019. Since then, the retailer has closed more than 1,000 stores, with plans to shutter more in the coming months.

What happened to GameStop January 2021?

Gamestop shocked the Stock Market when it dramatically spiked in value late January, but it wasn’t a random occurrence. On Jan. 28, 2021, almost exactly one month later, one share of GameStop stock reached a high of $483, a jump of nearly 2,500%.

Is GameStop debt free?

Shares of GameStop Corp. GME, +6.17% rose 1.3% in premarket trading Monday, after the videogame and consumer electronics retailer said Monday it has effectively eliminated its long-term debt. The company said it completed its voluntary early redemption of $216.4 million of its 10.0% senior notes due 2023.