GameStop sales top estimates, losses narrow more than expected as company taps new executives

GameStop (GME) reported fiscal first-quarter results that reflected improved sales and narrowing losses, even as many investors continue to fixate on the company’s “meme stock” clout over business performance. The company also announced two Amazon veterans would be joining the company as chief executive officer and chief financial officer.

Shares traded 5% lower during the after hours session before paring some losses.

Here were the main results from GameStop’s report compared to consensus…


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