JOURNAL ARTICLE

GameStop's Future Is in Trading Cards, CEO Says.

  • Published In: Bloomberg.com, 2025. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: D'Anastasio, Cecilia 3 of 3

Abstract

The article focuses on GameStop Corp.'s strategic shift towards expanding its trading card business, as stated by CEO Ryan Cohen during the company's annual shareholder meeting. Cohen highlighted that trading cards, including Pokémon and sports cards, align with GameStop's heritage and appeal to its core customer base, particularly as the company adapts to the growing trend of digital game purchases. In the first quarter, collectibles accounted for 29% of GameStop's sales, which increased by over 50%, contrasting with a decline in hardware and software sales. Following the announcement of a $1.75 billion bond sale, GameStop's shares fell by more than 20%. [Extracted from the article]

Additional Information

  • Source:Bloomberg.com. 2025/06, pN.PAG
  • Document Type:Article
  • Subject Area:Sports and Leisure
  • Publication Date:2025
  • Accession Number:185948219
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