GameStop falls after reporting decline in quarterly revenue

GameStop's GME.N shares down 4% at $28.92 after the bell

GME reports Q1 net sales of $732.4 million, a decline of 17% from $881.8 million a year ago

During Q1, GME committed to a plan to divest operations in France, expects them to be sold by end of FY2025

GME sold Canadian subsidiary, Electronic Boutique Canada, in May; proceeds and loss on disposal are expected to be immaterial

GME has fallen 3.8% YTD as of market close