Dec 15, 2024
GameStop is still losing money in every region it operates in
It’s not very common for the following four things to all be true about a company:
- Sales are falling.
- The company is losing money in its primary business in every region where it operates.
- The company still generates a profit, overall.
- The company has billions of dollars more cash on its balance sheet than it did a year ago.
But then again, GameStop is not a very normal company.
See the full article here.