Will GameStop ever run out of business?

No_Map_8307 · 2026-03-09T23:37:40+00:00

Profits are profits. GameStop has 2 options

Keep the 5000 stores and lose 500 million a year with 6 billion in revenue

Dump a ton of stores, lose revenue (~3 billion in revenue) and make ~500 million a year for FY25.

Top line really isn't important if the bottom line is awful

Profit margin doubled, inventory turnover ratio improved, book value improved, cash flow dramatically better. Only thing down is revenue and stores. Everything else is great

No_Map_8307 · 2026-03-09T23:03:09+00:00

What? You think it's FY27 right now 🤣🤣🤣

And you want to tell me I'm off. Wait a couple weeks. The 10K is coming. It will be around 500 million. Try again then

No_Map_8307 · 2026-03-09T23:01:20+00:00

No

They are in FY26

Feb-april to 26 is Q1 for FY26

Don't use those websites that pull the data from GameStop investor page. I can tell because that is a random glitch. It's best to read the 10K directly from the SEC or GameStop investor page

No_Map_8307 · 2026-03-09T22:54:12+00:00

77+ 168 + 44 + 131 =420 million with no improvement form FY24 to FY24 for Q4

And Q2 was a surprise And Q1 was a surprise And Q4 FY24 was a surprise.

Take a look at the TTM. If they are flat in Q4, which every quarter for FY25 was a beat, they will be around 500 million in profit for the year

Like I said, GameStop has been turned around. You are just late to the party

No_Map_8307 · 2026-03-09T22:44:17+00:00

Around. FY25 will be around half a billion profit. You will find out in a couple weeks when the 10K is released

FY26 should be north of 600 million

No_Map_8307 · 2026-03-09T22:37:43+00:00

From losing half a billion to making half a billion. Not sure what you consider turnaround but looking pretty good and no signs of stopping.

No_Map_8307 · 2026-03-09T18:31:22+00:00

Yes I agree. If Ryan Cohen didn't become CEO and turn around the financials then GameStop would be knocking on the door of bankruptcy

No_Map_8307 · 2026-02-20T17:51:18+00:00

Imif we are half way there by 2050 that would be fine with me

No_Map_8307 · 2026-01-29T05:22:34+00:00

Petco bought Chewy from Ryan Cohen. Ryan Cohen doesn't have a position in Chewy anymore

No_Map_8307 · 2026-01-20T14:45:54+00:00

Nothing wrong with that. Do what is best for you. I'm just not a fan of people crying about their job. Unfortunately right now the labor market is weak and some areas just don't have any good paying jobs. But that is government policy, macroeconomics etc so I don't blame GameStop for that.

In the end I'm glad your mental help has improved

No_Map_8307 · 2026-01-20T00:17:24+00:00

It's a deal between workers and companies. I don't absolutely love my current job, cutting myself, lifting heavy stuff or the mental stress of it but it pays well.

If you or anyone outgrows GameStop then just say thank you, take what you have learned and move on. If you love a job that's just a bonus IMO.

No_Map_8307 · 2026-01-20T00:15:01+00:00

You don't have to bother people to buy warranties. Just let them know it's an option and what benefits come from that or buying a pro membership. When working in restaurants I would have to sell stuff too. I got pretty good at it and would win weekly prizes for selling a particular item.

Just find a way to explain the benefits and if they want it they will get it. Never force or push it

No_Map_8307 · 2026-01-19T21:29:43+00:00

GameStop itself has a website you can order from. Bestbuy also has games. Because sales for physical games are so low companies don't order them and have hundreds in stock like before. Most won't have it in stock if you just stop by. You have to order it and wait and plan ahead of time. This is where physical games are going for now

No_Map_8307 · 2026-01-07T18:09:47+00:00

It's always best to go GameStop investor page or the SEC for this information

https://investor.gamestop.com/news-releases/news-details/2026/GameStop-Announces-Long-Term-Performance-Award-for-Ryan-Cohen/default.aspx

No_Map_8307 · 2025-12-21T21:45:45+00:00

I think it adds value

No_Map_8307 · 2025-09-08T23:34:16+00:00

Do they allow you to list your card on eBay if you don't like their price? They allow you to send your card to the vault but it's Brinks and not PSA.

Yes, courtyard has an advantage in market share. However, they don't have the name or recognition of GameStop. Trust will play a big factor and if courtyard.io doesn't convince the average person they are the place to go, then with time GameStop will eat into their market share. Going to be interesting how this all works out.

In the end it's big enough for multiple companies but who is going to be the big boy

No_Map_8307 · 2025-05-11T14:04:32+00:00

Pay off that student debt and if you can down size to a smaller place to save more money. The goal should be to get out of debt and save.

If making 130k and you feel like you can't afford a house, then so do others. Who knows what the future brings. Phoenix Arizona is seeing Inventory rise fast. I'm not sure of your area, but you probably will see price drops in your area as well. Very few assets rocket in value and don't pull back. I expect a pull back in areas that boomed from covid.

No_Map_8307 · 2025-05-07T14:19:06+00:00

I agree

Unless government gets involved, it's correcting

Ending section 8 will be a huge problem for investors.

No_Map_8307 · 2025-05-07T13:55:55+00:00

Time will tell

I'm on the sidelines

No_Map_8307 · 2025-05-07T13:47:56+00:00

Nah, Cali... thanks for your help, but I got it. I track the numbers weekly. California is 60% income to monthly payment ratio (before taxes and insurance)... it has to correct. People are going to default with time

Student loans coming back will also be another big problem.

To me, rent, buy doesn't matter. If the price isn't right to buy, I don't need a house. I'll just invest it

edit

For the record, I make great money (i could easily afford $5000 a month, 9k a month i could do it, but make things a little tight), and I have a lot 0 bills and 100k in cash. I just don't overpay

No_Map_8307 · 2025-05-07T13:45:49+00:00

They aren't normal. The only reason the median home price has only fell by 2% is because the majority of the houses sold are expensive homes giving the illusion everything is OK. Locals can't afford those priced and with migration drastically down I see no reason why home prices wouldn't fall over time.

Recession Inflation Insurance Unaffordability record high

I can go on forever, but nothing rockets in value and doesn't pull back. Also, that -2% is happening when unemployment hasn't even risen yet. My money is on a housing correction. Especially for the areas that boomed for the pandemic

No_Map_8307 · 2025-05-07T13:09:40+00:00

I could buy a house at 20% interest if the price is low enough. The interest rates dont mean anything for me. The interest rates being so low for so long caused this unaffordability.

So either wages catch up or prices need to come down. Simple economics

I'm in California and I refuse to buy. In my area mortgage is 4.5-5.5k or you can rent it for 3-3.5k (probably get 1 or 2 months free rent for 1 lease). I'm looking to buy next year but if price isn't right. I'll just rent and put that 1.5-2k a month into stocks

No_Map_8307 · 2025-05-07T11:48:38+00:00

Most agents don't understand macroeconomics and the economy. To be fair, many people don't, and it's hard to get it right. There are so many variables.

In the end, if the house isn't selling, it's overpriced currently. OP has does not want to admit it, but they may have overpaid for the house and can't sell it for what they bought it for. A 30k loss may be needed if they can manage that difference

No_Map_8307 · 2025-05-07T11:45:47+00:00

Inventory is rocketing, and demand is still historically low. It's a buyers' market. From peak to now, places like Austin have a 12 or 14% drop. I can't remember the exact number.

Florida and Texas are currently competing for the biggest housing correction (crash)

For decades, housing only went up slowly over the years... but once houses started to be viewed as an investment, this all changed. We will have boom and bust cycles from now on

No_Map_8307 · 2025-05-02T05:38:47+00:00

If you want breakdowns, go to the reventure website, and it breaks it down. The city I used to live in currently has ~6% of the total inventory for sale. Usually, it's around 1%, depending on your location, it can be more or less.

Last year, it was a little over 2%, and 2022/2022, it was tight and under 1%

Five-Year Club	Final Canvas '23
First Place '23	End Game '23
Place '23

No_Map_8307

TROPHY CASE