SECURITIES AND EXCHANGE COMMISSION
CURRENT REPORT PURSUANT
TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported) November 15, 2004
|(Commission File Number)||(IRS Employer Identification No.)|
|2250 William D. Tate Avenue, Grapevine TX||76051|
|(Address of Principal Executive Offices)||(Zip Code)|
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
|o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)|
|o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)|
|o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))|
|o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))|
|Item 2.02 Results of Operations and Financial Condition|
|Item 9.01 Financial Statements and Exhibits|
Item 2.02 Results of Operations and Financial Condition
On November 15, 2004, GameStop Corp. (the Company) issued a press release announcing its financial results for the fiscal quarter ended October 30, 2004. A copy of this press release is attached hereto as Exhibit 99.1.
The information in this Form 8-K and the Exhibit attached hereto shall not be deemed filed for purposes of Section 18 of the Securities Act of 1934, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, except as shall be expressly set forth by specific reference in such filing.
Use of Non-GAAP Financial Information
To supplement the Companys consolidated financial statements presented in accordance with generally accepted accounting principles (GAAP), in the press release attached hereto as Exhibit 99.1 the Company provides full-year 2004 guidance which excludes certain one-time charges. The Companys management reviews this non-GAAP financial measure internally to evaluate the Companys performance and manage its operations. Additionally, the Company believes that such information also provides investors a better understanding of the Companys current operating results and provides a comparable measure to help investors understand the Companys future operating results. The non-GAAP measure included in the press release attached hereto as Exhibit 99.1 provides full-year 2004 guidance excluding one-time charges of $0.03 per diluted common share attributable to a provision for a proposed California labor litigation settlement and related legal costs and $0.03 per diluted common share attributable to professional fees related to the spin-off of Gamestop Class B common shares previously owned by Barnes & Noble, Inc. Accordingly, the Companys full year 2004 guidance in accordance with GAAP is between $1.22 and $1.25 per diluted common share. The Company urges investors to carefully review the GAAP financial information included as part of the Companys Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, and quarterly earnings releases.
Item 9.01 Financial Statements and Exhibits
|99.1||Press Release of GameStop Corp., dated November 15, 2004|
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
|By:||/s/ David W. Carlson|
|Name:||David W. Carlson|
|Title:||Executive Vice President and Chief Financial Officer|
|Date: November 15, 2004|