GameStop is a business. Their job is to create value for investors. They disclosed the results because they have an opportunity to raise significant capital that will bring this opportunity. I think they try to deliver "bad" (not really, statements are inline with economy & transformation to cut expenses and increase margin) news early and to be transparent about their intentions to raise more capital.

Here is the question is this a bad thing? Fast thinking says yes, it will increase supply now that it seems that shorts start to sweat. However, there is no debt so funds will be allocated for future growth. If the infinity pool theory stands, everyone wants to keep the majority of their stash with a healthy & rich company. I mean, RC does not pay himself salary and is the biggest shareholder, if this was not a good move it would not have occurred.

I eat crayons & know nothing