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Top related persons:
Ryan Cohen - 1 " Cohen - 1 Cohen - 1 Matt Furlong - 1 Mike Recupero - 1 Furlong - 1 Ryan - 1 CNBC's Gabrielle Fonrouge - 1
Top related locs:
Grapevine , Texas
Top related orgs:
GameStop - 1 CNBC - 1 RC Ventures - 1

Search resuls for: "Mike Recupero"


2 mentions found


☆ GameStop's survival demands 'extreme frugality,' CEO Ryan Cohen tells employees
  + stars: | 2023-09-28 | by ( Melissa Repko | In Melissa-Repko | ) www.cnbc.com   time to read: +4 min
Just hours after being named GameStop 's CEO, Ryan Cohen sent out a memo to employees Thursday that emphasized he will take dramatic steps to ensure the struggling video game retailer survives. I expect everyone to treat company money like their own and lead by example." Cohen, a billionaire activist investor and founder of direct-to-consumer pet food and supply retailer Chewy , was named the company's new leader Thursday morning. Cohen's CEO announcement previewed the company's emphasis on slashing costs: He will not receive a salary in his new role. I expect everyone to treat company money like their own and lead by example.
Persons: Ryan Cohen, " Cohen, Cohen, Matt Furlong, Mike Recupero, Furlong, Ryan, CNBC's Gabrielle Fonrouge Organizations: GameStop, CNBC, RC Ventures Locations: Grapevine , Texas
☆ GameStop reports decline in revenue and sharp decrease in cash
  + stars: | 2022-12-07 | by ( Lillian Rizzo | ) www.cnbc.com   time to read: +3 min
A screen displays the logo and trading information for GameStop on the floor of the New York Stock Exchange (NYSE) March 29, 2022. GameStop said Wednesday its fiscal third quarter sales declined and its cash pile sharply dwindled, as the brick-and-mortar retailer has been working to expand its digital presence. The company's cash and cash equivalents fell to nearly $804 million from approximately $1.4 billion a year earlier. GameStop has been working to become profitable and revamp its brick-and-mortar retail business, after what executives have said were years of underinvestment. GameStop said last month that it had ended its partnership with FTX, after the crypto exchange filed for bankruptcy.
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