GameStop shares fell 1.41% to $18.89 on Sept. 9 despite posting stronger quarterly figures, according to WEEX TradFi market data cited by Odaily. The company’s latest Q2 results showed adjusted EPS of $0.27, revenue of $790.2 million, a 57% year-over-year increase in collectibles sales, and operating profit of $160.2 million, a record high. It also raised adjusted EBITDA guidance for fiscal 2026 to more than $650 million.
WEEX Labs said the stock’s weak price action reflected two pressures. First, core revenue still showed a double-digit decline from a year earlier, suggesting the legacy retail business has yet to achieve a fundamental breakthrough in its digital transition. Second, expectations around equity swaps and possible follow-on fundraising weighed on bullish sentiment.
The note also highlighted AeroVironment, which is scheduled to report fiscal 2027 first-quarter results after the market close today. Market expectations are for EPS of about $0.22 and revenue of about $468 million. WEEX Labs said the stock’s next move will depend on drone order ramp-up, gross margin performance, and whether warehousing and delivery guidance is met.
GameStop (GME) shares edged down 1.41% to $18.89 on Sept. 9, according to WEEX TradFi market data cited by Odaily.
The company’s latest Q2 report showed adjusted EPS of $0.27 and revenue of $790.2 million. Collectibles sales rose 57% from a year earlier, while operating profit reached a record $160.2 million. GameStop also lifted its fiscal 2026 adjusted EBITDA outlook to more than $650 million.
WEEX Labs points to two factors behind the weak share move
WEEX Labs said GME remained under pressure for two reasons. Core revenue was still down by a double-digit rate from the same period last year, indicating that the company’s shift from traditional retail to digital has not yet delivered a fundamental breakthrough. The firm also said expectations tied to equity swaps and possible follow-on fundraising diluted bullish sentiment.
AeroVironment earnings due after the close
AeroVironment (AVAV) is set to release its FY27 Q1 earnings after the market closes today. Market expectations are for EPS of about $0.22 and revenue of about $468 million.
WEEX Labs said the stock’s upside will hinge on the ramp in drone-order capacity, gross margin performance, and delivery against warehousing and shipment guidance.
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