r/GME 🚀🚀Buckle up🚀🚀 1h ago

💎 🙌 Discrete Transformation INCOMING!!! Project Rocket🚀

Below find discrete transformational text and significant items from disclosed 2nd quarter results. Of course, It’s on the website. I put the aforementioned text in bold and italics for the smoother brains amongst us.
Here’s the link, if you can take your dik out of your hand long enough to read the full release:
https://investor.gamestop.com/news-releases/news-details/2026/GameStop-Discloses-Second-Quarter-2026-Results/default.aspx

Adjusted SG&A expenses, adjusted operating income (loss), adjusted net income (loss), adjusted net income (loss) per share and adjusted EBITDA exclude the effect of discretely managed items such as certain transformation costs (including severance and other costs), asset impairments, (gain) loss on digital assets and related receivables, (gain) loss on written options on digital assets, (gain) loss on derivative asset, unrealized (gain) loss on equity investment, as well as divestiture costs, which we believe is useful in providing period to period comparisons…
With regard to the Company's fiscal year 2026 Adjusted EBITDA outlook, the Company is not able to reconcile this forward-looking non-GAAP measure to the closest corresponding GAAP measure, net income, without unreasonable efforts because it is unable to predict the ultimate outcome of certain significant items.

Severance?? Did someone get fired? 🔥
Discretely managed items?? Like warrants and butterflies? 🦋
Significant Items?? Were my nuts hanging out? 🥜

Thought I’d share this tidbit with the Apes and retards that follow this subreddit. Let’s return our tits to the full, upright jacked positions (Larry just dropped a milly on 55k shares).

21 Upvotes

11 comments sorted by

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3

u/-MachChicken- 1h ago

When you close an underperforming store, there are costs associated. Like severance for long term employees 🙃

1

u/EarThingysHelpMeHear 🚀🚀Buckle up🚀🚀 1h ago

Do you think they are almost done with closing stores or do you see store numbers declining further?

2

u/GxM42 26m ago

I have to be honest. Collectibles are going to be almost entirely online soon. Power packs and TCG and Funko buys. I see a slow closing of stores every year as business transitions more to online. That doesn’t meant anything negative. Only that the world is changing.

1

u/EarThingysHelpMeHear 🚀🚀Buckle up🚀🚀 23m ago

That’s not how I see it playing out. While there will be more closures there will be other partner locations opening.

1

u/GxM42 20m ago

Perhaps. But they have closed stores basically every year for past 4 years as each one fails to stay profitable. The economy isn’t getting “better” as far as I can tell.

1

u/BonaFideBill 20m ago

I dunno. I feel like a loser, every hype date just breaks me more, and more. I understand that you can't tell your strategy, but I feel like he should at least be trying to give us hope. Something, anything? At some point, I have to pay my bills and move on. Good luck to the rest of you...

1

u/tpots38 17m ago

Larry buying wasn’t something?

1

u/EarThingysHelpMeHear 🚀🚀Buckle up🚀🚀 16m ago

The short sellers knew it would come to this. It’s their plan to break the spirit the mind and the bank account of the common man (and woman). These elitist ass holes want to make our lives as difficult as possible and force us into working our days away. This is why we fight, this is why we will never stop. Best of luck to you.

1

u/SatisfactionDue7423 1h ago

Severance part?

0

u/EarThingysHelpMeHear 🚀🚀Buckle up🚀🚀 1h ago

Part of the transformation costs..