GameStop (GME) Revenue — Quarter Ended Oct 28, 2023
Revenue decreased for the quarter, continuing a trend of declines from both the previous quarter and the same period last year. This marked a continuation of lower sales performance.
Key takeaway
Quarter ended Oct 28, 2023 · FY2023 Q3
Revenue decreased for the quarter, continuing a trend of declines from both the previous quarter and the same period last year. This marked a continuation of lower sales performance.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$1.1B
Revenue reported for this quarter.
Quarter-over-quarter
-7.3%
Change from the immediately preceding quarter.
Year-over-year
-9.1%
Change from the comparable year-ago quarter.
Trailing four quarters
$5.7B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Jan 28, 2023 | $2.2B | -1.2% |
| Apr 29, 2023 | $1.2B | -10.3% |
| Jul 29, 2023 | $1.2B | +2.4% |
| Oct 28, 2023 | $1.1B | -9.1% |
Revenue performance
Revenue fell to its lowest point among recent quarters, declining sequentially and on a year-over-year basis. The drop reflects a persistent downward trend in sales.
Quarterly comparison
Compared to the immediately preceding quarter, revenue was lower, with the decline more pronounced when measured against the same quarter one year earlier.
What to watch
The trailing twelve-month revenue figure offers a broader perspective on the company's overall revenue trajectory.