What a New Uber Eats Deal Means for GameStop Stock
GameStop announced a partnership with Uber Eats on July 15, 2026, allowing U.S. customers to order video games, consoles, accessories, and collectibles for on-demand or scheduled delivery from participating stores. The deal aims to strengthen GameStop's omnichannel strategy, capture incremental sales, and enhance customer engagement without significant capital investment. However, the announcement failed to boost the stock price, which remains down 6.73% over the past 52 weeks and trades about 22.4% below its 52-week high. GameStop reported strong Q1 fiscal 2026 results on June 2, with net sales up 14% year-over-year to $835.3 million, collectibles revenue surging to $348.9 million, and net income jumping to $389.6 million from $44.8 million. The company holds approximately $9.7 billion in cash and marketable securities and announced a new $2 billion share repurchase authorization through 2029.
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