GameStop Reports Record Profit, Plans $2 Billion Buyback as eBay Concerns Surface
GRAPEVINE, Texas, June 2, 2026, 16:59 CDT GameStop Corp. turned in its biggest ever quarterly net income and announced a $2 billion share buyback Tuesday. The retailer, which has shifted focus further into trading cards, toys and collectibles, reported first-quarter net income of $389.6 million, up from $44.8 million a year ago.