Seeking Alpha

Question marks on how GameStop's holiday season will go

  • Shares of GameStop (GME -9.2%) slump after a Q3 earnings beat is shoved aside by investors looking at weak guidance from the company for the critical Q4 holiday period.
  • The company sees Q4 EPS of $1.97-$2.14 vs. $2.15 consensus on its view comparable store sales will range somewhere between 2% and 9% during the period.
  • Channel checks on how gamers are buying titles for the Xbox One and PlayStation 4 could create even more volatility for GameStop in the upcoming weeks.
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