GME - Jim Cramer Says GameStop Is Arguably The Worst Company In America | Benzinga
GameStop Corp (NYSE:GME) reported weak financial results for the fourth quarter late Tuesday and refrained from holding a conference call, which prompted CNBC’s Jim Cramer to throw a jab at the video game retailer.
What Happened: GameStop’s fourth-quarter revenue came in at $1.794 billion, below analyst estimates of $2.05 billion. The company’s earnings of 22 cents per share also fell short of expectations for earnings of 29 cents per share.
Although GameStop delivered disappointing quarterly results, management did not explain the weak performance on a conference call. The company has now left investors hanging without any executive commentary for four straight quarters.
“This is a situation where the ...