Umi schreef: ↑18 maart 2018, 16:48 Revenues stegen zelfs over die periode (tot mijn verbazing).
edit; blijkbaar overnames gedaan vorig jaar. Dat verklaart veel

Incremental schreef: ↑18 maart 2018, 18:24

Umi schreef: ↑18 maart 2018, 16:48 Revenues stegen zelfs over die periode (tot mijn verbazing).
edit; blijkbaar overnames gedaan vorig jaar. Dat verklaart veel

Ook te danken aan succes van de Nintento Switch. In dat opzicht is het wel een "cyclisch" aandeel aangezien er heel wat jaren tussen verschillende consoles kunnen zitten.

jens_dev schreef: ↑29 maart 2018, 10:09 Heeft precies degelijke resultaten bekendgemaakt. Kleine $400m vks over 2017. Short squeeze in de maak?
http://news.gamestop.com/static-files/7 ... fb3f1a9ffe

GameStop is providing the following guidance for fiscal 2018 with expectations for earnings to be substantially back half weighted for the fiscal year given the overlap of the Nintendo Switch launch in the first half of the year and expected strength of the title line up in the second half of the year.


Total Sales ---------------------------------------------------- > -2.0% to -6.0%
Comparable Store Sales ------------------------------------- > Flat to -5%
(excludes Tech Brands stores) Income Tax Rate --------- > 26.0% to 27.0%
Adjusted (Non-GAAP) Earnings Per Share (diluted) ----- > $3.00 to $3.35*
Capital Expenditures ---------------------------------------- > $110.0 million to $120.0 million

Earnings per share guidance is calculated based on weighted average shares outstanding of 101.5 million.

“While we had a solid performance in 2017, there are still many areas to improve that will drive future profitability. We have three core profitable businesses; Video Games, Collectibles, and Technology Brands. Moving forward over the next year, we plan to pause on investing in additional new businesses or acquisitions and focus on the fundamentals of improving the businesses that we already have. I believe focusing on the basics of retail operational excellence across the organization will maximize our free cash flow, improve our performance and, ultimately, deliver returns for our shareholders.”

We anticipate the first-half of the year will play out vastly different than last year, due to the huge success of the Switch launch and the strength of titles in the first quarter of 2017. The back-half of 2018 has a stronger title slate with Call of Duty: Black Ops IV and Red Dead Redemption II. Given the timing of these events, we anticipate that between 10% and 15% of our annual earnings will come in the first-half, compared to 23% for fiscal 2017 and 25% in each of the two years prior to that.

Our first quarter results will include charges associated with the recent changes in our executive team, some of which are tied to the terms of employment agreements. We anticipate free cash flow for fiscal 2018 to be approximately $300 million, given the projected decline in earnings.

We expect capital expenditures to be between $110 million and $120 million in 2018 similar to 2017. From a store portfolio perspective, we will continue to rationalize the video game store footprint as we assess individual store profitability and when the opportunity to transfer sales makes sense.

Looking at capital allocation, our Board recently approved a quarterly dividend at $0.38 per share consistent with our quarterly dividend rate paid in 2017. Given our commitment to maintaining a robust and flexible balance sheet, we will continue to prioritize shareholder returns in our decision-making around both capital structure and capital allocation.
We also anticipate that as part of our 2018 capital allocation strategy and balance sheet management, we will refinance our $350 million senior notes maturing in 2019 through proceeds of longer-term financing and approximately $75 million of our cash balances.

In closing, we were pleased with our top line results in 2017, and are looking forward to the opportunity that 2018 provides. We continue to be optimistic that as we focus on operational excellence in the coming months, we can enhance our business and improve operating profits.

jens_dev schreef: ↑29 maart 2018, 15:28 Toen ik ze gisterenavond las dacht ik zeker +20%. Begrijpe wie kan.

Umi schreef: ↑29 maart 2018, 15:44 los daarvan natuurlijk zeer sterke FCF's. Voor dit jaar verwachten ze 300M wat zeker niet slecht is. Ik overweeg om een klein pakket te kopen, heb vorige week wat winst op DXPE genomen & die cash staat nog in $ dus...

nog even afwachten op uitbodeming (al lijkt dat niet te bestaan bij dit aandeel )