GameStop Corp. today released financial results on the company’s new Investor Relations platform for the second quarter ended July 31, 2021.
The gaming retailer published condensed and consolidated financial statements for the quarter.
The Company’s Form 10-Q and supplemental information can be found at GameStop’s Investor Relations.
SECOND QUARTER OVERVIEW
Generated net sales of $1.183 billion, compared to $942 million in the prior year’s second quarter.
Ended the period with cash and restricted cash of $1.78 billion.
Ended the period with no long-term debt, other than a $47.5 million low-interest loan associated with the French government’s pandemic response.
Invested in long-term growth initiatives that include expanding the Company’s product catalog, enhancing its fulfillment network capabilities and technology, and adding talent across the organization.
Entered into a lease of a new 530,000 square foot fulfillment center in Reno, Nevada, positioning the Company’s fulfillment network to span both coasts of the continental U.S.
Entered into a lease of a new customer care center in Pembroke Pines, Florida and started building out U.S.-based customer care operations.
GameStop’s Earnings Release can be found here:
GameStop’s Q2 2021 Earnings Call can be heard here:
GameStop’s Form 10-Q can be found here:
Source: GameStop News Room