GameStop Earnings: What to Watch
GameStop (NYSE: GME) investors aren't looking for much good news from its upcoming earnings report. COVID-19 shopping pressures have likely kept customer traffic low even as the video game retailer reopened its stores. Those challenges are being amplified by the industry's switchover to a new generation of gaming consoles, which traditionally creates a tough selling environment in the months leading up to the move.
Yet GameStop may have some positive comments to make about its cost cuts, cash flow, and profitability. And investors will be focused on the chain's outlook for the critical holiday shopping season ahead. With that bigger picture in mind, let's look at the key trends to watch when GameStop announces second-quarter results on Wednesday, Sept. 9.
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Source Fool.com
