GameStop Corp. Looking for selling her Canadian and French operations as she assesses her international assets, the video game retailer said in a press release on Tuesday.
CEO Ryan Cohen posted on X earlier in the day that the two corporate weapons were for sale, adding: “High taxes, liberalism, socialism, progressivism, unlock and dei included without additional additional costs If you buy today! “
GameStop did not provide more details on the decision, and did not immediately respond to a request for comments on sales and Cohen’s position.
At the beginning of 2024, Gamestop had 203 locations in Canada. Cohen became CEO of the company in 2023. At the time, he was already chairman of the board of directors and the largest individual investor in the company.
During the annual meeting of the company shareholders last June, Cohen said that Gamescop was going to focus on reducing costs and long -term profitability, which would involve a smaller network of stores.
The company won $ 17.4 million in the United States in its third quarter, against a loss in the same quarter a year earlier. Its sales fell to 860.3 million US dollars.
GameStop was one of the companies at the Center for “Even Stock” enthusiasm in Wall Street, which saw the share of the brands in difficulty mount as retail investors made risky bets.
