WEBVTT

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SEANA SMITH: Jared,
we have earnings.

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They just keep rolling
in here, GameStop

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also out with its results.

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Shares, though, under a bit
of pressure after hours.

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What are the numbers?

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JARED BLIKRE: Yeah,
stock's down about 2%.

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And theirs was kind of the
flip situation of Chewey,

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where they missed
on their top line.

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Third-quarter net sales
coming in at only $1 billion.

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The street was hoping
for $1.09 billion.

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But they did manage a bit on
their loss per share estimates.

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Adjusted net loss per
share came in at $0.53.

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The estimate was for $0.85--

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so a beat there.

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Third-quarter comp sales, they
were down 24.6% year-over-year.

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But global e-commerce sales,
those increased to 257%.

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So that's a pretty
big jump right there.

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Looking at some comments
by the CEO, George Sherman,

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he said in the
earnings release, we

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anticipate for the first
time in many quarters

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that the fourth
quarter will include

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positive year-on-year sales
growth and profitability.

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So big hopes for the
holiday season here.

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But the company continues
to suspend guidance.

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Let's take a look
at their chart.

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Another COVID play here,
up 178.6% year-to-date.

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Guys?