SEANA SMITH: Jared, we have earnings.
They just keep rolling in here, GameStop
also out with its results.
Shares, though, under a bit of pressure after hours.
What are the numbers?
JARED BLIKRE: Yeah, stock's down about 2%.
And theirs was kind of the flip situation of Chewey,
where they missed on their top line.
Third-quarter net sales coming in at only $1 billion.
The street was hoping for $1.09 billion.
But they did manage a bit on their loss per share estimates.
Adjusted net loss per share came in at $0.53.
The estimate was for $0.85--
so a beat there.
Third-quarter comp sales, they were down 24.6% year-over-year.
But global e-commerce sales, those increased to 257%.
So that's a pretty big jump right there.
Looking at some comments by the CEO, George Sherman,
he said in the earnings release, we
anticipate for the first time in many quarters
that the fourth quarter will include
positive year-on-year sales growth and profitability.
So big hopes for the holiday season here.
But the company continues to suspend guidance.
Let's take a look at their chart.
Another COVID play here, up 178.6% year-to-date.
Guys?