GameStop Corp.

GameStop Corp. offers games, collectibles, and entertainment products through its stores and e-commerce platforms. The company's business model is expanding beyond traditional retail to include value creation through disciplined capital allocation. GameStop views its significant cash and other sources of liquidity as a strategic asset to be deployed into acquisitions and control transactions that offer long-term value. The company's fiscal year consists of 52 or 53 weeks, ending on the Saturday closest to the last day of January. Fiscal year 2025 consisted of the 52 weeks ended on January 31, 2026. Fiscal year 2024 consisted of the 52 weeks ended on February 1, 2025, and fiscal year 2023 consisted of the 53 weeks ended on February 3, 2024. GameStop's strategy has two pillars: Capital Allocation, which involves using capital resources to acquire, invest in, or partner with businesses offering long-term value, and Operational Excellence, which focuses on maximizing cash flow from the legacy retail business by optimizing its store fleet. The company's balance sheet is considered a strategic asset, and it reviews the best use for its cash and other liquidity sources, including potential control transactions and transformational acquisitions. While not limited to specific industries, the Investment Committee evaluates opportunities for long-term value. Investments are made according to an Investment Policy reviewed annually by the Board. Permissible investment instruments include cash and cash equivalents (such as bank obligations, money market funds, and commercial paper), fixed income securities (such as U.S. Treasury obligations), equity securities listed on major exchanges, derivative instruments and options, and certain cryptocurrencies, including Bitcoin.