Full Transcript of GameStop’s 3Q05 Conference Call — Prepared Remarks (GME)

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2005-11-29 11:10:41.0

Tags: GameStop Corp.

Earnings Call Excerpt

Here’s the entire text of the prepared remarks from GameStop’s (ticker: GME) Q3 2005 conference call. The Q&A is here. We recognize that this transcript may contain inaccuracies - if you find any, please post a comment below and we’ll incorporate your corrections. And please note: this conference call transcript is a Seeking Alpha product, so feel free to link to it but reproduction is not permitted without the explicit permission of Seeking Alpha.

Executives:

Dick Fontaine, Chairman and Chief Executive Officer
David Carlson, EVP and Chief Financial Officer
Dan Dematteo, Vice Chairman and Chief Operating Officer

Analysts:

Edward Williams, Harris Nesbitt, Analyst
Elizabeth Osur, Citigroup, Analyst
Michael Wallace, UBS, Analyst
Arvind Bhatia, Southwest Securities, Analyst
Bill Armstrong, C.L. King & Associates, Analyst
Tony Gikas, Piper Jaffray, Analyst
Gary Cooper, Banc of America Securities, Analyst

Presentation

Operator

Good morning and welcome to GameStop Corporation's Third-Quarter 2005 Earnings Results Conference Call. Today's call is being recorded. At the conclusion of the announcement, a question-and-answer session will be conducted electronically.

Operator Instructions

I would like to remind you that this call is covered by the Safe Harbor disclosure contained in GameStop's public documents and is property of GameStop. It is not for rebroadcast or use by any other party without prior written consent of GameStop.

At this time, I would like to turn the call over to Dick Fontaine, Chairman and Chief Executive Officer of GameStop Corporation. Please go ahead, sir.

Dick Fontaine, Chairman and Chief Executive Officer

Thank you. Good morning and thanks to everyone for joining us for our third-quarter conference call. I am Dick Fontaine, the Chairman and CEO of GameStop. With me today, as is our usual lineup, are Dan Dematteo, our Vice Chairman and COO and David Carlson, our executive VP and Chief Financial Officer.

Historically, we have released our third quarter about a week and a half before the kickoff to the holiday season. But this year due to the work pertaining to our merger with EB, we are already into the holiday season and to that degree, we will be touching on some early trends of the fourth quarter, but I want to reinforce that we will not be discussing in detail specifics of that quarter.

As we reported this morning before the market opened, GameStop had another solid and I might add a very busy third quarter. There are three significant aspects to the quarter that I want to stress before I turn the call over to David and Dan. David will take you through the numbers and Dan will talk about some of the trends in the titles and with a number of the pieces of hardware.

 

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