GAMESTOP WKN: A0HGDX ISIN: US36467W1099 Kürzel: GME Forum: Aktien Thema: Hauptdiskussion

Ryan Cohen's entire transcript of the 2024 annual $GME stockholders meeting today: "Thanks Marc, Hi everyone, I want to take a moment and discuss the retail business and the future of GameStop. With respect to retail operations, we plan to continue reducing costs and focusing on profitability. Revenues without profits, and prospects of future cash flows are of no value to shareholders. This means a smaller network of stores with an expanded assortment of higher value items that fit into our trade-in model. Having a strong balance sheet especially in times of economic uncertainty is a strategic advantage. While the future is always uncertain, the last decade's monetary and fiscal policies both within the U.S. and globally are historic anomalies. Exiting from an ultra-low interest rate environment is likely to have unforeseen reverberating effects across the economy, as seen with inflation hitting 40-year highs in 2022. As my father always said, 'actions speak louder than words.' We are focused on building shareholder value over the long term. We are not here to make promises or hype things up. We're here to work. Thank you for being a shareholder."