GameStop may have been profitable last quarter, but there’s a limit for how much cost-cutting the company’s employees will endure.
Europe, in particular, is one market where GameStop plans to cut costs; Furlong said the company has already started to “wind down” business in some countries.
The surprise profit totaled $48.2 million for 2022’s fourth quarter GameStop made money in the last quarter of 2022, something it hasn’t done in years.
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