GME Q4 Earnings Recap - Gamestop posts a double miss

GME Q4 2023 Earnings Recap - GameStop Corp. (NYSE: GME) just released financial results for the fourth quarter and fiscal year ended February 3, 2024. Unexpectedly the company had a double miss on both top line revenues and earnings. GME Net sales were $1.794 billion for the fourth quarter, compared to $2.226 billion in the prior year's fourth quarter. GME Net sales were $5.273 billion for fiscal year 2023, compared to $5.927 billion for fiscal year 2022. In this video I go over what I liked in Gamestop's Q4 earnings and my areas of concern as a potential investor and trader.
#TonyDenaro #GME #Gamestop

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DISCLAIMER: Content, strategies and opinions on this channel are for entertainment purposes only. These are Tony's opinions, not specific investment or legal advice for you. Always do your own due diligence, read company filings and financial statements and seek a duly licensed professional for investment, tax or legal advice. Past performance is not a predictor of future results. This is not personalized but rather general educational and informational material.