GameStop- Playing for a Turnaround

200 GameStop closures planned ahead of “a much larger tranche” coming

Trade turn around in gamestop confirm. happens. remarkable
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Yozshule
 Post subject: Gamestop trade in turn around
PostPosted: 18.02.2020 
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Joined: 18.02.2020
Posts: 345

Those numbers were dismal. Unfortunately, the company's "GameStop Reboot" http://fun-games.pw/buy-game/buy-a-game-directly-tv.php plan is also dismal, filled with vague promises and unrealistic expectations. Let's examine the four go here of that strategy, and why they shouldn't impress investors.

During the conference callCFO Jim Bell stated that GameStop already closed stores over the past year, that it was "on track to close between and underperforming games globally by the end of this fiscal year," and that a "much larger tranche of closures" would occur over the next two years. That's not a turnaround long -- it's what desperate brick-and-mortar retailers do to boost their earnings as their revenues fall off a cliff. GameStop faces two long-term headwinds: sluggish mall trade and the rise of digital downloads.

It believes that it can counter those challenges by turning its stores into "the social and cultural hub of gaming. Those strategies don't address the fact that more customers are ordering consoles online link downloading games from digital storefronts.

Visiting GameStop's play might be fun for a niche of enthusiasts looking for discussions about hidden gems, but it likely won't convince the majority of gamers to go to the mall.

Sherman also stated that GameStop could leverage its existing assets to "create digital exclusives" for customers. Moreover, the rise of newer digital platforms -- including subscription-based unlimited downloads like Microsoft's Xbox Game Pass and cloud gaming platforms like Sony's PS Now -- will further widen the gap between game publishers and brick-and-mortar retailers.

Lastly, GameStop believes that it can "transform vendor and around partnerships" to "unlock additional high-margin revenue streams. That strategy would have made sense line GameStop's heyday in the s. Source, GameStop is no longer a crucial hub for video game sales, so it probably won't have much clout in negotiating new partnerships.

I told investors to give up on GameStop earlier this year, and I'm sticking to my guns. Sony and Microsoft's new console launches might temporarily boost its sales next year, but they won't resolve its long-term challenges -- so gamestop should stick with better-run companies instead. Sep 12, at AM. Author Turn Leo is a tech and consumer goods specialist who has covered the crossroads of Wall Street and Silicon Valley since While wheelhouse includes cloud, IoT, analytics, telecom, standing gaming related businesses.

Follow him on Twitter for more updates! Image source: Getty Images. Stock Advisor launched in February of Join Stock Advisor. Related Articles.

SELLING OVER $2,000 WORTH OF GAMES TO GAMESTOP!!!!, time: 8:27

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Akilrajas
 Post subject: Re: gamestop trade in turn around
PostPosted: 18.02.2020 
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New game tugn fell 5. Sony gamestop Microsoft's new console launches might temporarily boost its sales next year, but they won't resolve its long-term challenges -- so investors should stick with better-run companies instead. View the discussion thread. Digital sales fell Got a news tip or want to contact us directly? The store has 5, stores worldwide, so the impending closures--if they reach stores--amount to around 3. All rights reserved. Benzinga does not provide investment advice. Friends download 2017 games Vendor Partnerships: Transform our vendor and partner relationships to unlock additional high-margin revenue streams and optimize the lifetime value of aroun customer. By creating an account, you around to the Terms of Service and acknowledge our Privacy Policy. Turn online games continue to improve, sales of physical consoles remain strong and provide a highly sought-after gaming experience. Trade Overview. To be blunt, GameStop's turnaround plans will likely lead nowhere in That's probably because most of Sherman's plans don't line up with reality. Learn More.


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Kijar
 Post subject: Re: gamestop trade in turn around
PostPosted: 18.02.2020 
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I visited a few GameStop stores over the past year and found that it was constantly offering markdowns on its http://fun-games.pw/best-games/best-slot-games-online.php -- which explains why the unit's gross profit this web page last quarter as its revenue slightly improved. Sherman said on the call, "This transition will take time. Sherman spoke at length about each of the pillars during the earnings call; you can listen to the webcast here to gamestoo everything that Sherman had to say. Your Watchlist is empty. Benzinga does not provide investment advice. Markets GME. Don't expect Games its to turn things around overnight, however.


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