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GameStop GME United  States — Impairment losses from store closures

Discontinued — last reported Q4 '18

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FCF
FCFSUnited States — Asset Impairment Charges
$0

Other financials

Income statement

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Revenue$835.3M+14.0%
Gross profit$340.3M+34.6%
Operating income$143.3M+1,427%
Net income$389.6M+770%
EPS (diluted)$0.66+633%

Balance sheet

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Cash & equivalents$7.4B+15.4%
Total debt$4.3B+146%
Total equity$5.8B+17.1%
Total assets$11.0B+46.3%

Cash flow

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Operating cash flow$337.4M+75.3%
CapEx$4.5M+55.2%
Free cash flow$332.9M+75.6%

Valuation

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Market cap$9.66B-39.3%
Enterprise value$6.58B-41.5%
P/E12.7×-63.7×
P/S2.6×-1.7×

Profitability

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Gross margin34.4%+3.8pp
Operating margin10.3%
Net margin20.4%+14.8pp
FCF margin19.8%

Returns & leverage

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Return on equity14.1%+7.5pp
Debt / equity0.7×+0.4×
Current ratio12.4×+4.0×

Where this comes from

Reported directly by GameStop in its filing.

Tagged under the XBRL concept us-gaap:ImpairmentOfLongLivedAssetsHeldForUse.

The official record: GameStop’s 10-K, filed March 23, 2021, on SEC EDGAR. View the filing →

Questions, answered.

What does united  states — impairment losses from store closures mean?
The financial loss recorded when closing or downsizing retail store locations.
How do you interpret united  states — impairment losses from store closures?
An increase suggests aggressive physical footprint reduction or poor performance of specific store locations, while a decrease suggests a more stable or optimized retail network.
How does united  states — impairment losses from store closures compare across companies?
Commonly reported by brick-and-mortar retailers undergoing digital transformation or network optimization, often categorized under restructuring or asset impairment charges.