StockDriftsGameStop Corp. · GME · 8-K · Filed
Amends convertible notes exchange, announces preliminary Q2 results
GME
8-K
Financing
Source: SEC EDGAR, accession 0001326380-26-000046 · Items 1.01, 2.02, 3.02, 7.01, 9.01
What did GameStop Corp. announce?
GameStop amends its convertible note exchange to include a cash component and announces preliminary Q2 2026 financial results.
Key details
- Amended convertible notes exchange will result in approximately 55.5 million shares of Common Stock and $358.4 million in cash.
- Preliminary Q2 net sales are expected to be $780 million to $800 million, down from $972.2 million in Q2 2025.
- Preliminary Q2 operating income is expected to be $150 million to $170 million, up from $66.4 million in Q2 2025.
- Preliminary Q2 net income is expected to be $290 million to $310 million, up from $168.6 million in Q2 2025.
Why it matters
This 8-K reports a financing at GameStop Corp.. The likely share-price reaction reads as neutral.
Neutral