Natalie Berg’s Post

It’s time for GameStop to stick a fork in its Retail ? 🍴 It’s time for GameStop (GME) to stick a fork in its retail operations and embrace a second life as a holding company? in the mold of Warren Buffett's Berkshire Hathaway (BRK-A)(BRK-B). 🎮 GameStop is “a totally different company now,” said retail expert and investor Jeff Macke. 📉 The company continues to be pummeled by structural changes in the video gaming industry — from the switch to digital downloads, to competition for eyeballs with streamers like Netflix (NFLX), to an aging console gaming base. 💰 The company received $2.1 billion last week after selling another 75 million new shares. Some three weeks earlier, it sold 45 million shares, netting $933 million. ❓ What are they going to do with all that cash? Interested in your thoughts below… Read full article: https://lnkd.in/ed6MRGrU #retailnews #transformation #Holdings #Investments

Roaring Kitty: Visionary or Speculator? Unleashing Debate with a $48 Million GameStop Triumph Gill's return has sparked a heated debate: Is he a visionary or a daring speculator? His remarkable journey from $53k to $48 million on GameStop has divided opinions, with some praising his foresight while others question the risks involved. Join the conversation and share your perspective on whether Roaring Kitty's triumph reflects genius or gamble. Let the discourse unfold! #RoaringKitty #GameStop #MarketInsight #SpeculativeInvesting #TradingDebate

GameStop Momentum: Just a Stock or a Movement? GameStop, a retail company known for video games and accessories, received over $2 billion infusion of cash by selling new shares to eager investors. This surge in investment was driven by a massive rally led by YouTube influencer and financial analyst Keith Gill, also known as Roaring Kitty. After three years of silence, Roaring Kitty made a dramatic return to YouTube, with GameStop stock charts showing in the background. Despite a challenging start to the year marked by a 40% drop in stock price, Gill confidently assured everyone that he had the situation under control. His predictions proved accurate; GameStop's shares doubled in the past six months, with a 23% increase this month driven by retail investors. GameStop's story offers several key takeaways for the public: - It showcased how retail investors can sway stock prices, challenging Wall Street norms via social media platforms. - It raised awareness about stock market mechanics like short squeezes, which expose vulnerabilities in financial institutions. - It fostered a sense of community among retail investors, illustrating their collective power to influence financial markets. Interested in learning more about investing? #GameStop #Investing #WomenInFinance #Cornertrader

I am so excited for this week’s episode of “Leveling Up with Gary & Jill,” where we’re launching the first of a two-part special that dives deep into the history and rollercoaster journey of GameStop.   I’m flying solo as the host for this episode, but it’s jam-packed with insights as I sit down with long-time friend Bill Chinn, who was with me at the forefront during the pivotal days of Babbage’s and GameStop.   From humble beginnings to meteoric rise, GameStop's story is one of ambition, innovation, and resilience. Bill and I share captivating stories and hard-earned wisdom from our time working together during the balance of my Babbage’s tenure, and then Bill continuing as a senior executive at GameStop in later years. We shed light on the mergers, bankruptcies, and high-stakes drama that shaped the company's trajectory.   As we trace the arc of GameStop's evolution, we uncover invaluable lessons about entrepreneurship, leadership, and the power of perseverance in the face of adversity.   Whether you're an entrepreneur, a gaming enthusiast, or simply fascinated by the inner workings of corporate America, this two-part special is not to be missed.   Listen in as we pull back the curtain on one of the most influential companies of our time: https://lnkd.in/gZSbet8V.   Make sure you’re subscribed to the Leveling Up with Gary & Jill podcast so you don’t miss part two. We’ll be exploring Bill’s current role as the president of the entrepreneur catalyst, The DEC Network, and how his experiences at GameStop have helped him navigate the challenges of the modern business landscape.   #Mentorship #Entrepreneurship #Teaching #Learning #Leadership

🎮 What would GameStop co-founder Gary Kusin have done differently if given a second chance? 👇 Gary joins me on #RetailDisrupted this week to discuss everything from malls and makeup to meme stocks! We explore: ♦ GameStop’s origins: what inspired Gary and James McCurry to launch the world’s first video game store in the early 80s? ♦ The pivot to makeup: Gary discusses how a conversation with former Macy’s Chairman Terry Lundgren sparked the idea for Laura Mercier. ♦ Continuous improvement versus continuous change. ♦ Customer centricity: why so many brands today fail to get this right. ♦ Kinko’s: Gary shares how, as Kinko’s CEO, he turned the loss-making business into to a highly profitable enterprise that was later acquired by FedEx. ♦ Meme stocks: Gary shares his views on the GameStop stock market frenzy. Full episode available on Apple, Spotify or wherever you get your podcasts. As always, if you're able to leave a quick ⭐ rating, this really helps the show! 🙏 Apple: https://lnkd.in/ej-7ZGVb #gamestop #lauramercier #kinkos #fedex #retailinsights #retail #retailpodcast #leadership #retailleadership #garykusin

GameStop, the video game retailer, witnessed a notable 11.6% drop in its shares to $25.38 following CEO Ryan Cohen 's disclosure of plans to reduce its store network during the annual general shareholder meeting. The brief meeting, lasting about 20 minutes, left investors concerned about the lack of specifics regarding GameStop's substantial cash reserves, which amount to approximately $4 billion from recent share sales. Cohen emphasized a strategy focused on fewer stores and enhanced sales through value-added items but did not outline plans for utilizing the cash pile, disappointing analysts and investors looking for clarity on future investments or acquisitions. Despite challenges in the gaming console market and digital downloads impacting second-hand software sales, GameStop reported a solid profit margin of 36% fueled by robust performance in used software and hardware resale. #GameStop #RyanCohen #ShareholderMeeting #RetailSector #StockMarket #InvestorConcerns #CashReserves #BusinessStrategy #GamingIndustry #cxolanes

“Change, Confidence and Clarity” - CEO BlockBuster and Seven Eleven. He stresses that and “Change Equals Opportunity” I could not agree more… and see the irony at the same time. Do you? Wanna know how I am growing LinkedIn following to 100k? Follow me to get regular updates and actionable insights: https://lnkd.in/dSnZK_v3

Gamestop reports Q1 loss of $1.35 per share, beats revenue estimates In a surprising twist for the fiscal Q1 2024, Gamestop experienced a larger-than-anticipated loss of $1.35 per share, primarily driven by a $1.1 billion non-cash impairment charge. Despite this setback, the company still managed to exceed revenue expectations, posting $1.15 billion against a forecasted $1.11 billion. 📈 What really stands out is Gamestop's impressive 12.3% year-over-year increase in comparable sales, bolstered by robust demand in both new and used video games and collectibles. Moreover, their e-commerce sector soared, marking a 105.6% increase and making up 14.6% of total sales. But here's a thought-provoking point: with digital sales climbing, what does the future hold for physical gaming stores? Can Gamestop's strategy pivot sustain its growth in the shifting landscape of the gaming industry? 🚀 Looking forward, Gamestop projects Q2 revenues to be between $1.25 billion and $1.35 billion, slightly below market expectations. Despite a turbulant stock performance in recent months, notably influenced by the 'meme stock' phenomenon, it's clear that Gameplay's saga is far from over. 💬 I’m curious to hear your thoughts: - How do you see the evolution of physical versus digital game sales impacting retailers like Gamestop? - What strategies could Gamestop employ to further capitalize on the e-commerce boom? Please share your views below! ⬇️ #Gamestop #Earnings #RetailInvesting #DigitalTransformation #GamingIndustry #Ecommerce Growth

"Dive into the dynamic world of stock market investing with our latest blog post! 📈 Discover the captivating journey of GameStop Corp. (GME), the gaming industry giant, as we analyze its stock performance, company fundamentals, and investment strategies for the upcoming financial year 2024-25. From its roots as Babbage’s in 1984 to its current status as a global gaming and consumer electronics powerhouse, GME continues to captivate investors worldwide. Stay informed and join the conversation today! #GameStop #GME #Investing #StockMarket" https://lnkd.in/dyF53QY5

It’s GameStop earnings day🤑 The video game retailer GameStop (NYSE: GME) turned volatile again last week after the Roaring Kitty post. Will it break $32 or drop below $20?▶️ https://lnkd.in/dP-puGn6 #gamestop #earnings #stockanalysis #investingtips #technicalanalysis #memestock #wallstreet #stockmarketnews