Video game retailer GameStop Corp. GME,
said on Tuesday that Frank M. Hamlin, its customer service director, will leave the company after a transition period ending March 31. GameStop announced the news in a regulatory document. The company is scheduled to report fourth-quarter earnings after Tuesday’s bell, the first since a Reddit-driven bullish spike that brought stocks up more than 1,641% in just a few days in January, while traders used media platforms social and fee-free apps like Robinhood to encourage each other to create a little squeeze. GameStop is expected to report earnings per share of $ 1.35, or $ 88 million, over $ 2.211 billion in revenue in the fourth quarter, according to the consensus estimates of six analysts consulted by FactSet. These estimates have been falling steadily since October, when consensus estimates predicted earnings per share of $ 1.80 over revenue of $ 2.52 billion in the fourth quarter. The shares fell 0.1% in the pre-market, but have gained 932% in the year so far, while the S&P 500 SPX,
gained 7%.
