NewsNovo
The revenue line is falling at GameStop. The income story is not, and that gap is the real development ahead of full second-quarter results due 8 September 2026.
The company has projected net sales of $780m to $800m for the quarter ended 1 August 2026, down from $972.2m in the equivalent period a year earlier, while guiding operating income to $150m to $170m against $66.4m in Q2 2025.
Three factors explain the revenue contraction, all of them supply-side rather than demand-signal: the Nintendo Switch 2 launch fell in the prior-year quarter and inflated that base; planned store closures have reduced the selling footprint; and the company exited its French operations through a sale.
Strip those items out and the decline reads less as structural deterioration and more as deliberate footprint reduction. The income picture is more striking.
Keep reading