GameStop (GME) Revenue — Quarter Ended Feb 3, 2024
Revenue for the reported quarter rose sharply from the prior quarter but fell noticeably from the same period a year ago. This resulted in a mixed performance compared to recent periods.
Key takeaway
Quarter ended Feb 3, 2024 · FY2023 Q4
Revenue for the reported quarter rose sharply from the prior quarter but fell noticeably from the same period a year ago. This resulted in a mixed performance compared to recent periods.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$1.8B
Revenue reported for this quarter.
Quarter-over-quarter
+66.3%
Change from the immediately preceding quarter.
Year-over-year
-19.4%
Change from the comparable year-ago quarter.
Trailing four quarters
$5.3B
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 |
|---|---|---|
| Apr 29, 2023 | $1.2B | -10.3% |
| Jul 29, 2023 | $1.2B | +2.4% |
| Oct 28, 2023 | $1.1B | -9.1% |
| Feb 3, 2024 | $1.8B | -19.4% |
Revenue performance
The sequential revenue growth was robust, while the annual comparison showed a contraction.
Quarterly comparison
When measured against the previous quarter, revenue expanded significantly; however, compared to the same quarter last year, it was lower.
What to watch
The sustainability of the sequential revenue improvement is a key focus.