On January 10, 2018, GameStop Corp. concluded that a non-cash, pre-tax impairment charge in the range of $350 million to $400 million will be recorded in the fourth quarter of the fiscal year ending February 3, 2018, primarily associated with acquired dealer agreement intangible assets and goodwill in its Technology Brands segment.
Total global sales for the holiday period were $2.77 billion, a 10.6% increase compared to the 2016 holiday period. Total comparable store sales increased 11.8%, growing 13.7% in the U.S. and 7.9% internationally. Worldwide omnichannel sales increased 21.5%.
GameStop expects to deliver adjusted earnings per share near the middle of its previously announced full-year 2017 guidance of $3.10 to $3.40. The company also expects full-year fiscal 2017 comparable store sales to increase between four and six percent compared to the comparable fifty-three-week period.
The Company anticipates reporting fourth quarter and full fiscal year 2017 results in late March, and will provide fiscal 2018 guidance at that time.
appointed Daniel A. DeMatteo interim chief executive officer of the Company.On December 18, 2017, the Company entered into a letter agreement with Mr. DeMatteo. The letter agreement increases Mr. DeMatteo’s annual rate of base salary from $300,000 to $900,000 and his target annual bonus opportunity from 150% to 200% of base salary,
On November 17, 2017, GameStop Corp.’s Board of Directors approved a cash dividend to its stockholders. The quarterly dividend of $0.38 per share of Class A Common Stock will be paid on December 12, 2017 to stockholders of record as of the close of business on December 1, 2017.
On November 13, 2017, the Board of Directors (the “Board”) of GameStop Corp. (the “Company”) appointed Daniel A. DeMatteo, interim Chief Executive Officer of the Company. The appointment is effective immediately and follows a medical event experienced by the Company’s Chief Executive Officer and director, J. Paul Raines. As interim chief executive officer, Mr. DeMatteo will continue to serve as the Executive Chairman and a director of the Company.
Mr. DeMatteo has served as a director and Executive Chairman since June 2010. He served as our Chief Executive Officer from August 2008 to June 2010. He served as Vice Chairman and Chief Operating Officer from March 2005 to August 2008. Prior to March 2005, Mr. DeMatteo served as President and Chief Operating Officer of the Company or our predecessor companies since November 1996. 【事业很重要，更重要的是身体好，还要获得长，拼音之父周有光活了111岁，巴菲特99%的财富是60岁之后挣的；假如最后5年每年复利15%，那么最后5年赚到的钱已经等于之前年份的总和。】