Stock Analysis on Net

GameStop Corp. (NYSE:GME)

This company has been moved to the archive! The financial data has not been updated since June 1, 2022.

Common-Size Income Statement

GameStop Corp., common-size consolidated income statement

Microsoft Excel
12 months ended: Jan 29, 2022 Jan 30, 2021 Feb 1, 2020 Feb 2, 2019 Feb 3, 2018 Jan 28, 2017
Net sales 100.00 100.00 100.00 100.00 100.00 100.00
Cost of sales -77.58 -75.25 -70.48 -72.14 -67.04 -65.04
Gross profit 22.42% 24.75% 29.52% 27.86% 32.96% 34.96%
Selling, general and administrative expenses -28.44 -29.75 -29.74 -24.07 -27.25 -28.09
Goodwill and asset impairments -0.11 -0.30 -5.96 -12.26 -4.24 -0.39
Gain on sale of assets 0.00 0.64 0.00 0.00 0.00 0.00
Operating earnings (loss) -6.13% -4.67% -6.18% -8.47% 1.47% 6.48%
Interest income 0.00 0.04 0.17 0.07 0.02 0.01
Interest expense -0.45 -0.67 -0.60 -0.69 -0.62 -0.63
Interest expense, net -0.45% -0.63% -0.42% -0.62% -0.60% -0.62%
Earnings (loss) from continuing operations before income taxes -6.58% -5.30% -6.60% -9.09% 0.87% 5.86%
Income tax (expense) benefit 0.23 1.09 -0.58 -0.50 -0.49 -1.76
Net income (loss) from continuing operations -6.34% -4.22% -7.18% -9.59% 0.38% 4.10%
Income (loss) from discontinued operations, net of tax 0.00 -0.01 -0.10 1.47 0.00 0.00
Net income (loss) -6.34% -4.23% -7.28% -8.12% 0.38% 4.10%

Based on: 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), 10-K (reporting date: 2018-02-03), 10-K (reporting date: 2017-01-28).

Income statement item Description The company
Operating earnings (loss) The net result for the period of deducting operating expenses from operating revenues. GameStop Corp. operating earnings (loss) as a percentage of net sales increased from 2020 to 2021 but then slightly decreased from 2021 to 2022 not reaching 2020 level.
Earnings (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. earnings (loss) from continuing operations before income taxes as a percentage of net sales increased from 2020 to 2021 but then slightly decreased from 2021 to 2022 not reaching 2020 level.
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 2020 to 2021 but then slightly decreased from 2021 to 2022 not reaching 2020 level.