GameStop Corp. (NYSE: GME), a leading retail chain specializing in video games and consumer electronics, has announced financial results for the second quarter of fiscal 2025.
Second-quarter net sales increased to $972.2 million from $798.3 million in last year’s second quarterNet income was $168.6 million in Q2, compared to $14.8 million in the prior-year quarterExcluding special items, adjusted net income rose sharply to $138.3 million in Q2 from $5.2 million a year earlierOn a per-share basis, adjusted earnings were $0.25 in the second quarter, vs. $0.01 last yearOperating income was $66.4 million in the July quarter, vs. an operating loss of $22.0 million in Q2 2024Selling, general, and administrative expenses declined to $218.8 million for the period from $270.8 million in the year-ago quarterAt the end of the quarter, the company had cash, cash equivalents, and marketable securities of $8.7 billion
