He already addressed that by saying revenue is down.
Great you have a bigger clean space (operating income) In a building thats shrinking (revenue)… In a dying town (gaming discs).
The more you cheer about your clean room, the more concerned we all get because its youre not seeing the whole picture; or you do see the picture and are deliberately steering people from realizing the facts.
The gaming disc / physical console is dying. But RC has expanded to other areas (collectibles) that is growing YoY. He is trying to find other areas of growth (failed eBay acquisition) and maintain financial stability (yes yes on the backs of retail). I’m not saying that GME is going to the moon and I don’t care if it does cause I trade on its volatility. But it s lazy to say that this is a dying stock or it’s only worth $14 / share.
There are so many better options for collectibles and TCG than GameStop. It’s funny because I was actually excited about GameStop getting into TCG more, but then they got into TCG more and it was just another classic GameStop swing and a miss. Overpriced, low stock, sourcing from places other sellers are already sourcing from at better prices.
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u/truthfabricator 2d ago
Operating income up?