That’s great.
It is not our intent to sell gaming consoles by themselves. You’re doing well as far as a trade-in perspective, as well as demand perspective?Yeah. The increased demand for gaming and entertainment has turned good title releases into great title releases as customers seek entertainment options.In terms of SG&A, we continue to focus on our long-term expense reduction efforts.
And then, as a follow-up, just wanted to dig a little bit more into the comment about hitting positive EBITDA for the year.
This is Jim.
The phone number for the call is 877-451-6152 …
It’s just not been from a hygiene standpoint, something that we wanted to do exchanging games and exchanging software via curbside, now that stores are open. So, can you kind of give us a sense of some of the other assumptions embedded there and what gives you confidence? These appointments represented an important milestone in GameStop’s transformation as we continue to evolve the company’s business strategy for long-term success.We’ve already benefited from our new Board members’ expertise and perspectives as we navigate the evolving gaming and omni-channel retail environments, execute on our strategic initiatives and prepare the company to maximize value creation associated with the next-generation of console launches later this year.Before turning the call over call over to Jim, I’d like to share why I’m confident that GameStop has a bright future. We originally borrowed about $150 million on the revolver, and we’ve paid down $50 million of that. 11/22/2016 05:00 PM (EST) That’s helpful. It really is three dimensional. As with all our articles, AlphaStreet, Inc. does not assume any responsibility for your use of this content, and we strongly encourage you to do your own research, including listening to the call yourself and reading the company’s SEC filings. As of today, we are nearly 90% reopened around the world to either safe, limited customer access or curbside pickup. 12/10/2019 05:00 PM (EST)
Despite the decline in overall — in the overall category, Nintendo Switch continues to perform very well with sales in the quarter showing a material increase compared to the first quarter last year.Software, particularly catalog and pre-owned, as well as our collectibles, tend to be market basket builders in store. We don’t have any reason to believe that it is a return to gaming. I’d also like to work with three newly appointed directors to our Board, all of whom joined us during the quarter.
03/23/2017 05:00 PM (EDT)
We do anticipate some of the SG&A reductions to come back in future quarters as we return to more normalized operations of our stores and our distribution centers. 08/24/2017 05:00 PM (EDT)
So if we look at margins on pre-owned versus software versus hardware, we’ve seen them historically, it’s been a long time since there has been a new hardware launch.
Is that when you say it’s adjusted, yes, we do not include stores that are closed for longer than two weeks in particular places [Phonetic]. And if you’re looking about it, for example, those are new entrants, it’s important because then there are second, third, fourth order transactions that come from those new entrants that we enjoy here with respect to especially customers that come into our loyalty program. Is that an adjusted number excluding closures? First, we have a strong leadership position in gaming and a strong loyalty base of consumers that we can monetize through revenue sharing partnerships. We want to extend our appreciation for all of their efforts.Our priority has been and continues to be the well being of our employees, customers and business partners during this unprecedented time. Q1 2020 GameStop Corp Earnings Call 06/09/2020 05:00 PM (EDT) GME. Thanks for taking the question. And now we have a UV cleaning process or putting off our hardware through as we return it to our refurb operation center, we do expect to see trading as a down payment toward new gaming consoles and new games.Okay, great.
03/26/2020 05:00 PM (EDT) Best of luck.Thank you. You may begin.Thank you, and welcome to GameStop’s first quarter fiscal 2020 earnings conference call. I’ll then share some insight into how we’re approaching the remainder of the year. A conference call with GameStop Corp.’s management is scheduled for June 9, 2020 at 5:00 p.m.
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