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Gamestop fiscal Q1 profit climbs 22.0% YOY

4263230 said its normalized net income for the fiscal first quarter ended May 3 amounted to 57 cents per share, compared with the S&P Capital IQ consensus estimate of 57 cents per share.

EPS increased 25.7% year over year from 45 cents.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was $65.8 million, a gain of 22.0% from $53.9 million in the year-earlier period.

The normalized profit margin rose to 3.3% from 2.9% in the year-earlier period.

otal revenue climbed 7.0% on an annual basis to $2.00 billion from $1.87 billion, and total operating expenses grew 6.3% on an annual basis to $ Gamestop Corp.