The 2021 GameStop Annual Shareholder Meeting has officially concluded, setting the stage for Q1 2021 Earnings at market close and the proceeding conference call at 5:00pm EST.

From 11:00am to 11:15am at 625 Westport Parkway, Grapevine, Texas, the gaming retailer’s board worked to confirm new nominees such as Larry Cheng, the first investor in Chewy and a mentor to Ryan Cohen.

Ryan Cohen, now officially chairman of the board, gave a speech via Zoom to the crowd of over 200 shareholders. GMEdd has transcribed the speech, available below.

Ryan Cohen’s Speech

…We ushered in a whole new era of GameStop. On a personal note, I want you to know I’m humbled to be elected to your board and serve as your Chairman. We have a lot of work in front of us, and it will take time.

We’re trying to do something that nobody in the retail space has ever done but we believe we’re putting the right pieces in place and we have clear goals: delighting customers and driving shareholder value for the longterm. The management team and refreshed board will remain totally focused on
these goals at all times.

We know some people want us to lay out a whole detailed plan today, but that’s not gonna happen. You won’t find us talking a big game, making a bunch of lofty promises, or telegraphing our strategy to the competition. That’s the philosophy we adopted at Chewy.

Here are a few things we’ve done so far: refresh the board, added technology and retail experience to the leadership team, paid off all our long term debt and strengthened the balance sheet, and begun laying the foundation for long term growth.

Moving forward, we want you to judge GameStop based on our actions, not our words. Thank you everyone, and as my dad would say, “buckle up.”

In an effort to give investors their Cohen-fix, Ryan spoke about the progress his team has made at GameStop.

Twitter update

Ryan Cohen has since changed his Twitter bio, proudly representing his new role at GameStop alongside his past at Chewy.

Now, investors eagerly await the Q1 2021 Earnings release, supplemental presentation, and conference call.

Source: gmegang1 on Twitter (photo), Ryan Cohen on Twitter

At 12:39 PM ET, Ryan Cohen has tweeted once again. This time, it’s a photo of a SEARS big-box retail store being torn down for good.

On the surface, parallels can be drawn between Sears’ rise and fall through an unchanged retail experience and GameStop’s past, but speculators have begun to dig deeper and look for hidden meaning in the tweet.

The Origin

The photo originates from an article titled Former Sears Demolition Begins in Uptown District to Make Way for New Innovation Community Development in the Tampa Innovation paper. We already know GameStop is likely cementing themselves in Florida, but this information alone is not enough to substantiate a connection.

The article from January 15th, 2020 goes on to state:

 This urban renewal project… will shift from the property’s traditional retail origin and fully leverage the Innovation Community potential driven by its world-class, academic, scientific, and technology neighbors.

Sounds familiar.

Chewy Parallels

What is also striking is that Ryan Cohen and Chewy are no strangers to reimagining old Sears stores, as seen through Kelli Durkin’s retweet of a 2018 article by Bizjournals.

In a move emblematic of the retail industry’s seismic shift, Chewy – an e-commerce platform for pet products – has opened a customer service facility in what was once a Sears and a Woolworth’s.

Chewy opened up their premier customer service facility in a former Sears, a “Sign of the times”Mayor Josh Levystated. Is it possible that GameStop has begun to open their new South Florida customer service facility, and Ryan Cohen is paying homage to when he turned a Sears into a center for Chewy?

SEC Form ARS

Investors have also speculated that the final remaining letters on the SEARS logo, ‘ARS’, could reference the SEC Form ARS. Security & Exchange Commission (SEC) Form ARS, or the Annual Report to Shareholders, is a document used by a public company to report its latest financial performance to its shareholders shortly before its annual shareholders’ meeting.

 As revealed as early as Q4 2020 earnings and confirmed yesterday, GameStop’s annual shareholders’ meeting is on Wednesday, June 9th. While this is an uncanny coincidence, GameStop has long replaced the considerably less informative Form ARS with the more comprehensive Form 10-K, so this would have to be released in conjunction.

In GameStop’s Fourth Quarter and Fiscal 2020 Results News Release, the Company revealed that they intend to “modify its method of communicating its quarterly financial results.” In a move similar to Chewy, GameStop announces that future financial results will accompanied by a presentation to include detailed supplemental highlights. Could this be the Form ARS the incoming GameStop Chairman may be referencing?

Let us know your thoughts in the comments and in the GMEdd.com Discord Server.

Sources: Ryan Cohen on Twitter, Tampainnovation.com, SBFJ Venture on Twitter, Investopedia, GameStop News Release

At the conclusion of a highly volatile day for NYSE:GME, GameStop Corp. today announced that it will report first quarter fiscal 2021 earnings results after the market closes on Wednesday, June 9, 2021

investor conference call

The Company will host an investor conference call at 5:00 pm ET on the same day to review the company’s financial results. The call and any supplemental information can be accessed at GameStop Corp.’s investor relations home page at Investor.GameStop.com. The phone number for the investor conference call is 877-451-6152 and the confirmation code is 13720011. The conference call will be archived for two months on GameStop’s corporate website.

Annual Shareholders Meeting

GameStop has also confirmed that its Annual Shareholders Meeting is scheduled for Wednesday, June 9, 2021 at 625 Westport Parkway, Grapevine, Texas. The meeting, which is not open to the media and requires shareholders to provide proof of ownership and valid identification, is expected to take place at 11:00am ET and conclude at 11:15am ET. Chief Executive Officer and director George Sherman will attend the meeting in-person with the remainder of the Board of Directors attending virtually.

Source: GameStop Newsroom

On April 16th, 2021, retail’s investing icon Roaring Kitty, made famous for his massive bets on GameStop alongside his past YouTube streams, bid farewell to his cat-themed online persona. That is, until now.

At 10:00am EST, Roaring Kitty has shocked the world and tweeted once again.

Returning to Twitter in epic style, the GameStop investor shared a video of a dimly lit cat perched up on a ledge, potentially suggesting something grand is upon us. The video is paired with the song Carmina Curana-O Fortuna by Hugues Reiner; a track that is sure to make for an intense build-up.

Some fans of the trader, who is not a cat, claim to have encountered issues playing the video, so GMEdd.com has uploaded it here  in case of concern.

Will Roaring Kitty stick around? Or was this tweet just to let us know he’s still watching? 

Source: Roaring Kitty on Twitter