GameStop Corp. (NYSE:GME) Q2 2019 Earnings Conference Call Transcript

Sep 10, 2019 • 05:00 pm ET


GameStop Corp. (NYSE:GME) Q2 2019 Earnings Conference Call Transcript


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James Bell

expect our adjusted free cash flow for fiscal 2019 to be in the $225 million to $250 million range.

Finally, given my earlier comments related to our sales outlook for both the industry and our business, we expect adjusted diluted earnings per share for fiscal 2019 to be in the $1.15 to $1.30 range.

In closing, I will reiterate that we fully expect sales across the industry and in our business to be relatively soft for the coming few quarters. However, we are not willing to relinquish our market share leadership in the space, which is driven by our unique positioning. We are not a transactional retailer, but in fact, the only aggregator of the best and exclusive new and pre-owned video game products, compelling digital content, including access to eSports media and the leading industry publication in Game Informer and the largest group of foremost gaming experts, our store associates, all of which serve one of the largest and most engaged customer databases in retail today. We look forward to keeping you updated as we progress against our strategic initiatives over the coming few quarters.

And with that, I will turn it over to the operator to open the line to any questions that you may have.