Stock Analysis on Net
Stock Analysis on Net

GameStop Corp. (NYSE:GME) 

Common-Size Income Statement

GameStop Corp., common-size consolidated income statement

Microsoft Excel
12 months ended: Feb 3, 2024 Jan 28, 2023 Jan 29, 2022 Jan 30, 2021 Feb 1, 2020 Feb 2, 2019
Net sales 100.00 100.00 100.00 100.00 100.00 100.00
Cost of sales -75.46 -76.85 -77.58 -75.25 -70.48 -72.14
Gross profit 24.54% 23.15% 22.42% 24.75% 29.52% 27.86%
Selling, general, and administrative expenses -25.11 -28.36 -28.44 -29.75 -29.74 -24.07
Asset impairments -0.09 -0.05 -0.11 -0.30 -5.96 -12.26
Gain on sale of assets 0.00 0.00 0.00 0.64 0.00 0.00
Operating loss -0.65% -5.26% -6.13% -4.67% -6.18% -8.47%
Interest income 0.94 0.16 0.00 0.04 0.17 0.07
Interest expense 0.00 0.00 -0.45 -0.67 -0.60 -0.69
Interest income (expense), net 0.94% 0.16% -0.45% -0.63% -0.42% -0.62%
Other loss, net -0.04 0.00 0.00 0.00 0.00 0.00
Income (loss) from continuing operations before income taxes 0.25% -5.10% -6.58% -5.30% -6.60% -9.09%
Income tax (expense) benefit, net -0.12 -0.19 0.23 1.09 -0.58 -0.50
Net income (loss) from continuing operations 0.13% -5.28% -6.34% -4.22% -7.18% -9.59%
Income (loss) from discontinued operations, net of tax 0.00 0.00 0.00 -0.01 -0.10 1.47
Net income (loss) 0.13% -5.28% -6.34% -4.23% -7.28% -8.12%

Based on: 10-K (reporting date: 2024-02-03), 10-K (reporting date: 2023-01-28), 10-K (reporting date: 2022-01-29), 10-K (reporting date: 2021-01-30), 10-K (reporting date: 2020-02-01), 10-K (reporting date: 2019-02-02).

Income statement item Description The company
Operating loss The net result for the period of deducting operating expenses from operating revenues. GameStop Corp. operating loss as a percentage of net sales increased from 2022 to 2023 and from 2023 to 2024.
Income (loss) from continuing operations before income taxes Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. GameStop Corp. income (loss) from continuing operations before income taxes as a percentage of net sales increased from 2022 to 2023 and from 2023 to 2024.
Net income (loss) The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. GameStop Corp. net income (loss) as a percentage of net sales increased from 2022 to 2023 and from 2023 to 2024.