GameStop Posts Record Profit from Collectibles
Originally published Jun 2, 2026
By Cecilia D'Anastasio · Bloomberg — Technology
AI-generated summary based on Bloomberg — Technology · Aggregated by OffScreenSpace · Human-reviewed and approved on Jun 2, 2026
Key points
- GameStop reported a record quarterly profit.
- The profit was driven by the collectibles business.
- Shares rose as much as 13% in after-hours trading.
- Action figures and cards contributed to the success.
GameStop Corp. shares rose sharply after reporting a record quarterly profit, driven by its collectibles business. The video-game retailer attributed its highest profit ever to sales of action figures and cards. The company's performance exceeded expectations, highlighting the success of its non-video game offerings.
Read the original story: Bloomberg — Technology