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GameStop Still Expects to Earn a Profit This Year


Investors had conflicting expectations heading into GameStop's (NYSE: GME) first-quarter earnings results. Its stores were closed to customer traffic during COVID-19-related shutdowns, after all. On the other hand, demand for video games and accessories spiked as millions of people sought home entertainment options.

The retailer's executives detailed those challenges and opportunities in a conference call with investors this past week. Below, we'll look at a few highlights from that presentation by CEO George Sherman and his team.

Image source: Getty Images.

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Source Fool.com

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