GameStop 2004 Annual Report Download

Download and view the complete annual report

Please find the complete 2004 GameStop annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 92

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92

GameStop Corp. Annual Report
GTA: SAN ANDREASMADDEN 2005 FABLE
2004

Table of contents

  • Page 1
    GameStop Corp. Annual Report MADDEN 2005 GTA: SAN ANDREAS FABLE 2004

  • Page 2
    ... competitor. According to Advertising Age, Game Informer is now the 26th largest consumer publication in the US and had the 3rd largest growth in paid circulation in 2004. As has been the case every year since we have been a public company, GameStop's market share has grown; 2004 was no exception...

  • Page 3
    ... the PlayStation 3, and Nintendo to follow with their next generation console, the Revolution. And it gets better: At GameStop, thanks to our unique new and used video game product synergy, we also capitalize on the "cycles within cycles". When new hardware and titles hit the market, we buy back...

  • Page 4
    ... Fable Madden NFL 2005 XBOX Dragon Ball Z: Budokai 3 Need for Speed: Underground 2 PlayStation 2 Metal Gear Solid 3: Snake Eater Need for Speed: Underground 2 XBOX NCAA Football 2005 Fight Night 2004 WWE Smackdown vs Raw NBA Live 2005 MADDEN 2005 World of Warcraft Online Ninja Gaiden

  • Page 5
    ... Game Boy Advance SP, and Nintendo DS platforms. FABLE ฀ ฀ ฀ ฀ ฀ NFS: UNDERGROUND 2 Growth in Video Game Software Unit Sales Totals are a combination of Sony PlayStation 2, Microsoft Xbox, Nintendo Game Cube, Nintendo Game Boy Advance SP, and Nintendo DS platforms. METAL GEAR SOLID...

  • Page 6
    GameStop Revenue Growth ฀ ฀ The average gamer spends 10.4 hours per week playing games. (Source: Entertainment Software Association) GameStop Store Count

  • Page 7
    ..., Texas (Address of principal executive oÇces) 76051 (Zip Code) Registrant's telephone number, including area code: (817) 424-2000 Securities registered pursuant to Section 12(b) of the Act: (Title of Class) (Name of Exchange on Which Registered) Class A Common Stock, $.001 par value per share...

  • Page 8
    ...Controls and Procedures PART III Directors and Executive OÇcers of the Registrant Executive Compensation Security Ownership of Certain BeneÃ'cial Owners and Management and Related Stockholder Matters Certain Relationships and Related Transactions Principal Accountant Fees and Services 2 17...

  • Page 9
    ... the largest assortments of new and used video game hardware, video game software and accessories, PC entertainment software, and related products, including action Ã'gures, trading cards and strategy guides. As of January 29, 2005, we operated 1,826 stores in the United States, Puerto Rico, Ireland...

  • Page 10
    ... result in reduced sales in one or more Ã'scal quarters. We depend upon third parties to develop products and software. Our business depends upon the continued development of new and enhanced video game platforms, PC hardware and video game and PC entertainment software. Our business could suÃ...er...

  • Page 11
    ...13% and 12%, respectively, of our new product purchases in Ã'scal 2004. If our suppliers do not provide us with favorable business terms, we may not be able to oÃ...er products to our customers at competitive prices. The video game system and software product industries are cyclical, which could cause...

  • Page 12
    ... Toys ""R'' Us, Inc.; mail-order businesses; catalogs; direct sales by software publishers; online retailers; and computer product and consumer electronics stores, including Best Buy Co., Inc. and Circuit City Stores, Inc. In addition, video games are available for rental from many video stores...

  • Page 13
    ... store locations, enter into new leases, locate alternative sites or Ã'nd additional sites for new store expansion. The ability to download video games and play video games on the Internet could lower our sales. While it is currently not possible to download video game software onto existing video...

  • Page 14
    ... in 2004. Of this $11.0 billion market, approximately $10.0 billion was attributable to video game products, excluding sales of used video game products, and approximately $1.0 billion was attributable to PC entertainment software. New Video Game Products. The Entertainment Software Association...

  • Page 15
    ... of video game hardware systems in the United States, based on original sales, totaled over 185 million units, including approximately 27 million Sony PlayStation 2 units, 12 million Microsoft Xbox units, 9 million Nintendo GameCube units, 27 million Nintendo Game Boy Advance and Game Boy Advance SP...

  • Page 16
    ... web site. The GameStop loyalty card, which is obtained as a bonus with a paid subscription to our Game Informer magazine, oÃ...ers customers discounts on selected merchandise in our stores. Our web site allows our customers to buy games on-line and to learn about the latest video game products and PC...

  • Page 17
    ... of inventory, reduced shipping and handling costs for overstocks and reduced our need to discount products. Growth Strategy New Store Expansion. We intend to continue to open new strip center stores in our targeted markets and new mall stores in selected mall locations. We opened 300 new stores in...

  • Page 18
    ... changing selection of over 5,000 SKUs. We have a central buying group that negotiates terms, discounts and cooperative advertising allowances for all of our stores. We use customer requests and feedback, advance orders, industry magazines and product reviews to determine which new releases...

  • Page 19
    ...Center Stores. Our strip center stores, which average approximately 1,600 square feet, carry a balanced mix of new and used video game products and PC entertainment software. As of January 29, 2005, we operated 1,310 strip center stores in the United States, Ireland, Northern Ireland and Puerto Rico...

  • Page 20
    State Number of Stores Iowa ...Puerto Rico...Ireland ÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏ Northern Ireland...

  • Page 21
    ... a discount on selected merchandise. E-Commerce We operate an electronic commerce web site at www.gamestop.com that allows our customers to buy video game products and other merchandise on-line. The site also oÃ...ers customers information and content about available games, release dates for upcoming...

  • Page 22
    ...all video game software publishers to attend, and operate an intense educational training program to provide our employees with information about the video game products that will be released by those publishers in the holiday season. Customer Service Our store personnel provide value-added services...

  • Page 23
    ...retail chains, including Toys ""R'' Us; mail-order businesses; catalogs; direct sales by software publishers; online retailers; and computer product and consumer electronics stores, including Best Buy and Circuit City. In addition, video games are available for rental from many video stores, some of...

  • Page 24
    ...website under ""Investor Relations Ì Corporate Governance'' and is available to our stockholders in print, free of charge, upon written request to the Company's Investor Relations Department at GameStop Corp., 2250 William D. Tate Avenue, Grapevine, Texas 76051. Item 2. Properties All of our stores...

  • Page 25
    ... began trading on the New York Stock Exchange (""NYSE'') under the symbol ""GME.B'' on November 12, 2004. As such, there was no public trading market for the Company's Class B common stock prior to that time. The following table sets forth, for the periods indicated, the high and low sales prices of...

  • Page 26
    ... sales prices of the Class B common stock on the NYSE Composite Tape. Fiscal 2004 High Low Fourth Quarter (from November 12, 2004 Approximate Number of Holders of Common Equity $24.00 $18.75 As of February 23, 2005, there were approximately 8,500 record holders of the Company's $.001 par value...

  • Page 27
    31. The Ã'scal years ended January 29, 2005, January 31, 2004, February 1, 2003 and February 2, 2002 consisted of 52 weeks and the Ã'scal year ended February 3, 2001 consisted of 53 weeks. The ""Statement of Operations Data'' for the Ã'scal years 2004, 2003 and 2002 and the ""Balance Sheet Data'' as...

  • Page 28
    ... $ Net earnings (loss) per share excluding the after-tax eÃ...ect of goodwill amortization ÃŒ diluted(3 1.05 $ Store Operating Data: Stores open at the end of period 1,826 Comparable store sales increase (decrease)(4 1.7% Inventory turnover 5.4 Balance Sheet Data: Working capital (deÃ'cit 110,093...

  • Page 29
    .... We sell new and used video game hardware, video game software and accessories, as well as PC entertainment software and related accessories and other merchandise. As of January 29, 2005, we operated 1,826 stores, in 50 states, the District of Columbia, Ireland, Northern Ireland, Puerto Rico and...

  • Page 30
    ... of sales discounts. Magazine subscription revenue is recognized on a straight-line basis over the subscription period. Merchandise Inventories. Our merchandise inventories are carried at the lower of cost or market using the average cost method. Used video game products traded in by customers are...

  • Page 31
    ... in purchasing management information systems are capitalized and included in property and equipment. These costs are amortized over their estimated useful lives from the date the systems become operational. The Company periodically reviews its property and equipment whenever events or changes in...

  • Page 32
    ... clariÃ'ed by the Chief Accountant of the SEC in a February 7, 2005 letter to the American Institute of CertiÃ'ed Public Accountants. For all stores opened since the beginning of Ã'scal 2002, the Company had calculated straight-line rent expense using the initial lease term, but was generally...

  • Page 33
    ..., respectively. The Company includes processing fees associated with purchases made by check and credit cards in cost of sales, rather than selling, general and administrative expenses, in the statement of operations. For the Ã'scal years ended January 29, 2005, January 31, 2004 and February 1, 2003...

  • Page 34
    ... to our store growth in strip centers and the availability of used products for sale caused by trade-ins of used video game products in response to the strong new game releases. Sales of other product categories, including PC entertainment and other software and accessories, magazines and character...

  • Page 35
    .... Comparable store sales increased a modest 0.8% as declining video game hardware price points oÃ...set a signiÃ'cant increase in video game software sales. Stores are included in our comparable store sales base beginning in the thirteenth month of operation. The declining price points described above...

  • Page 36
    ... Financial Statements), requiring certain vendor allowances to be deducted from cost of sales, and the shift in sales mix from lower margin video game hardware to higher margin PlayStation 2, Game Boy Advance, Xbox and GameCube video game software and used video game products. The implementation...

  • Page 37
    ... $27.7 million to acquire and build-out a new corporate headquarters and distribution center facility in Grapevine, Texas. The remaining $70.6 million in capital expenditures was used to open new stores, remodel existing stores and invest in information systems. During Ã'scal 2003, we had...

  • Page 38
    ... under the revolving credit facility. In March 2003, the Board of Directors authorized a common stock repurchase program for the purchase of up to $50.0 million of the Company's Class A common shares. The Company had the right to repurchase shares from time to time in the open market or through...

  • Page 39
    ...aggregate consideration of $111.5 million. The repurchase price per share was determined by using a discount of 3.5% on the last reported trade of the Company's Class A common stock on the New York Stock Exchange prior to the time of the transaction. The Company paid $37.5 million in cash and issued...

  • Page 40
    ... upon, among other factors, the timing of new product introductions and new store openings, sales contributed by new stores, increases or decreases in comparable store sales, adverse weather conditions, shifts in the timing of certain holidays or promotions and changes in our merchandise mix. Item...

  • Page 41
    ... March 2005, Mr. DeMatteo served as President and Chief Operating OÇcer of the Company or our predecessor companies since November 1996. He has served on our board since 2002 and has been an executive oÇcer in the video game industry since 1988. Michael N. Rosen is our Secretary and a director. Mr...

  • Page 42
    ...a member of the Nominating and Corporate Governance Committee. Mr. Riggio was the Chairman of the Board of the Company or its predecessor companies from November 1996 until our initial public oÃ...ering in February 2002. He has served as an executive oÇcer or director in the video game industry since...

  • Page 43
    Secretary, GameStop Corp., 625 Westport Parkway, Grapevine, Texas 76051. As required by the charter, the Audit Committee will continue to review and reassess the adequacy of the charter annually and recommend any changes to the board of directors for approval. The current members of the Audit ...

  • Page 44
    ... the Code of Ethics on the Company's website at www.gamestop.com within Ã've business days following such amendment or waiver. Compliance with Section 16(a) of the Exchange Act Section 16(a) BeneÃ'cial Ownership Reporting Compliance. Section 16(a) of the Exchange Act requires the Company's executive...

  • Page 45
    ... Awards Securities Underlying GameStop Options (Shs.) Name and Principal Position Fiscal Year Annual Compensation(1) Salary($) Bonus($) All Other Compensation($)(2) R. Richard Fontaine Chairman of the Board and Chief Executive OÇcer Daniel A. DeMatteo Vice Chairman and Chief Operating OÇcer...

  • Page 46
    ... Year End Option Value The following table provides information for the executive oÇcers named in the summary compensation table in the ""Executive Compensation'' section of this Proxy Statement regarding exercises of options to purchase shares of our Class A Common Stock during the year ended...

  • Page 47
    ...orded to key management personnel or as determined by the board of directors of GameStop, including, but not limited to, stock and stock option beneÃ'ts, insurance programs, pension plans, vacation, sick leave, expense accounts and retirement beneÃ'ts. Each executive's employment may be terminated...

  • Page 48
    ...number of shares of our Class A Common Stock and our Class B Common Stock and exercisable options to purchase such stock beneÃ'cially owned on May 1, 2005 by each director and each of the executive oÇcers named in the summary compensation table in the ""Executive Compensation'' section, each holder...

  • Page 49
    ... of 3,475,077 shares of Class B Common Stock. Mr. Riggio is the indirect beneÃ'cial owner of 1,126,913 shares of Class B Common Stock owned by Barnes & Noble College Booksellers, Inc., a New York corporation, of which Mr. Riggio owns all of the currently outstanding voting securities. As co-trustee...

  • Page 50
    ... in full on June 1, 2005, at which time we will procure our own insurance. Operating Agreement We entered into an ""operating agreement'' with Barnes & Noble, pursuant to which we operate the existing video game departments in ten Barnes & Noble stores. We pay Barnes & Noble a licensing fee equal to...

  • Page 51
    ... consideration of $111.5 million. The repurchase price per share was determined by using a discount of 3.5% on the last reported trade of the Company's Class A Common Stock on the New York Stock Exchange prior to the time of the transaction. The Company paid $37.5 million in cash and issued 44

  • Page 52
    ... services rendered for tax compliance, tax advice and tax planning. All Other Fees. The Company did not pay BDO Seidman any other fees in Ã'scal 2004 or Ã'scal 2003. Pre-approval Policies and Procedures. The Audit Committee Charter adopted by the board of directors of the Company requires...

  • Page 53
    ... and Rights of Preferred Stock, Series A of the Company.(2) Rights Agreement, dated October 25, 2004, between the Company and The Bank of New York, as Rights Agent.(2) Separation Agreement, dated as of January 1, 2002, between Barnes & Noble and GameStop Corp.(3) Tax DisaÇliation Agreement, dated...

  • Page 54
    ... as of June 21, 2004.(4) Stock Purchase Agreement, dated as of October 1, 2004, by and among the Company, B&N Gamestop Holding Corp. and Barnes & Noble.(5) Promissory Note, dated as of October 1, 2004, made by the Company in favor of B&N GameStop Holding Corp.(5) Code of Ethics for Senior Financial...

  • Page 55
    ...duly authorized. GAMESTOP CORP. By: /s/ R. RICHARD FONTAINE R. Richard Fontaine Chairman of the Board and Chief Executive OÇcer Date: September 2, 2005 Pursuant to the requirements of the Securities Exchange Act of 1934, this Form 10-K/A has been signed below by the following persons on behalf...

  • Page 56
    (This page intentionally left blank)

  • Page 57
    INDEX TO CONSOLIDATED FINANCIAL STATEMENTS Page GameStop Corp. Consolidated Financial Statements: Reports of Independent Registered Public Accounting Firm Consolidated Financial Statements: Balance Sheets Statements of Operations Statements of Stockholders' Equity Statements of Cash Flows ...

  • Page 58
    Report of Independent Registered Public Accounting Firm Board of Directors and Stockholders GameStop Corp. Grapevine, Texas We have audited the accompanying consolidated balance sheets of GameStop Corp. as of January 29, 2005 and January 31, 2004 and the related consolidated statements of operations...

  • Page 59
    ... Independent Registered Public Accounting Firm Board of Directors and Stockholders GameStop Corp. Grapevine, Texas We have audited management's assessment, included in the accompanying Management's Annual Report on Internal Control over Financial Reporting appearing under Item 9, that GameStop Corp...

  • Page 60
    ... and cash Ã-ows for the 52 week periods ended January 29, 2005, January 31, 2004 and February 1, 2003. We have also audited the schedule listed in Item 15(a)(2) for this Form 10-K. Our report dated March 30, 2005 (except for Note 16 which is dated August 24, 2005) expressed an unqualiÃ'ed opinion on...

  • Page 61
    ...,993 shares issued, respectively Class B common stock Ì $.001 par value; authorized 100,000 shares; 29,902 and 36,009 shares issued and outstanding Additional paid-in-capital Accumulated other comprehensive income Retained earnings Treasury stock, at cost, 3,263 and 2,304 shares, respectively...

  • Page 62
    GAMESTOP CORP. CONSOLIDATED STATEMENTS OF OPERATIONS 52 Weeks 52 Weeks 52 Weeks Ended Ended Ended January 29, January 31, February 1, 2005 2004 2003 (In thousands, except per share data) Sales Cost of sales Gross proÃ't Selling, general and administrative expenses Depreciation and amortization...

  • Page 63
    ...In thousands) Retained Earnings Treasury Stock Total Balance at February 2, 2002 Shares issued in public oÃ...ering ÏÏ 20,764 Exercise of employee stock options (including tax beneÃ't of $1,906 286 Capital contribution from Barnes & Noble, Inc Net earnings for the 52 weeks ended February 1, 2003...

  • Page 64
    ... to the public oÃ...ering, net of the related expenses Issuance of shares relating to employee stock options Repayment of debt due to Barnes & Noble, Inc Repayment of debt of Gamesworld Group Limited Purchase of treasury shares through repurchase program Repurchase of Class B shares Issuance of...

  • Page 65
    ... Funco changed its name to GameStop, Inc. GameStop is principally engaged in the sale of new and used video game systems and software, personal computer entertainment software and related accessories primarily through its GameStop trade name, a web site (gamestop.com) and Game Informer magazine. The...

  • Page 66
    ... are carried at the lower of cost or market using the average cost method. Used video game products traded in by customers are recorded as inventory at the amount of the store credit given to the customer. In valuing inventory, management is required to make assumptions regarding the necessity...

  • Page 67
    ... at the time of sale. The sales of used video game products are recorded at the retail price charged to the customer. Sales returns (which are not signiÃ'cant) are recognized at the time returns are made. Subscription and advertising revenues are recorded upon release of magazines for sale to...

  • Page 68
    ... clariÃ'ed by the Chief Accountant of the SEC in a February 7, 2005 letter to the American Institute of CertiÃ'ed Public Accountants. For all stores opened since the beginning of Ã'scal 2002, the Company had calculated straight-line rent expense using the initial lease term, but was generally...

  • Page 69
    ... of the Company's outstanding options. Diluted earnings per Class A and Class B common share is computed using the weighted average number of common and dilutive common shares outstanding during the period. Note 4 provides additional information regarding net earnings per common share. Stock Options...

  • Page 70
    ... 1, 2005 2004 2003 (In thousands, except per share data) Net earnings, as reported Deduct: Total stock-based employee compensation expense determined under fair value based method for all awards, net of related tax eÃ...ects Pro forma net earnings Net earnings per Class A and Class B common share...

  • Page 71
    ...,123, respectively. The Company includes processing fees associated with purchases made by check and credit cards in cost of sales, rather than selling, general and administrative expenses, in the statement of operations. For the 52 weeks ended January 29, 2005, January 31, 2004 and February 1, 2003...

  • Page 72
    ... vendor marketing programs generally cover a period from a few days up to a few weeks and include items such as product catalog advertising, in-store display promotions, internet advertising, co-op print advertising, product training and promotion at the Company's annual store managers conference...

  • Page 73
    ...table contains information on options to purchase shares of Class A common stock which were excluded from the computation of diluted earnings per share because they were anti-dilutive: AntiDilutive Shares Range of Exercise Expiration Prices Dates (In thousands, except per share data) 52 Weeks Ended...

  • Page 74
    ... the revolving credit facility. In October 2004, the Company issued a promissory note in favor of Barnes & Noble in the principal amount of $74,020 in connection with the repurchase of Class B common shares held by Barnes & Noble. A payment of $37,500 was made on January 15, 2005, as required by the...

  • Page 75
    ... renewal options for additional periods. The agreements, which have been classiÃ'ed as operating leases, generally provide for both minimum and percentage rentals and require the Company to pay all insurance, taxes and other maintenance costs. Leases with step rent provisions, escalation clauses or...

  • Page 76
    ... in the second quarter of Ã'scal 2005. On October 20, 2004, former Store Manager John P. Kurtz (""Kurtz'') Ã'led a collective action lawsuit against the Company in U.S. District Court, Western District of Louisiana, Lafayette/Opelousas Division, alleging that GameStop's salaried retail managers were...

  • Page 77
    ... and the amounts determined by applying the statutory rate to income before income taxes result from the following: 52 Weeks Ended January 29, 2005 52 Weeks Ended January 31, 2004 52 Weeks Ended February 1, 2003 Federal statutory tax rate State income taxes, net of federal eÃ...ect Foreign income...

  • Page 78
    ... on the right to receive dividends on such shares. The options to purchase Class A common shares generally are issued at fair market value on the date of grant. Generally, the options vest and become exercisable ratably over a three-year period, commencing one year after the grant date, and...

  • Page 79
    ... of its employees who meet certain eligibility requirements, primarily age and length of service. The Savings Plan allows employees to invest up to 15% of their current gross cash compensation invested on a pre-tax basis, at their option. The Company's optional contributions to the Savings Plan are...

  • Page 80
    ... before expenses of $111,520. The repurchase price per share was determined by using a discount of 3.5% on the last reported trade of the Company's Class A common stock on the New York Stock Exchange prior to the time of the transaction. The Company paid $37,500 in cash and issued a promissory note...

  • Page 81
    ...Ì $150,000 In March 2003, the Board of Directors authorized a common stock repurchase program for the purchase of up to $50,000 of the Company's Class A common shares. The Company was authorized to repurchase shares from time to time in the open market or through privately negotiated transactions...

  • Page 82
    ... a holder (other than such person or any member of such group) to purchase, at the Right's then current exercise price, a number of shares of Common Stock having a market value of twice the exercise price of the Right. In addition, if the Company is acquired in a merger or other business combination...

  • Page 83
    ... fees related to the spin-oÃ... by Barnes & Noble of the Company's Class B common shares, and ‚ $5,373 in the fourth quarter of the Ã'scal year ended January 29, 2005 attributable to correcting the Company's method of accounting for rent expense and depreciation expense on leasehold improvements...

  • Page 84
    GAMESTOP CORP. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS ÃŒ (Continued) ‚ $0.07 and $0.06 per basic and diluted share, respectively, in the fourth quarter of the Ã'scal year ended January 29, 2005 attributable to correcting the Company's method of accounting for rent expense and depreciation ...

  • Page 85
    ... and Rights of Preferred Stock, Series A of the Company.(2) Rights Agreement, dated October 25, 2004, between the Company and The Bank of New York, as Rights Agent.(2) Separation Agreement, dated as of January 1, 2002, between Barnes & Noble and GameStop Corp.(3) Tax DisaÇliation Agreement, dated...

  • Page 86
    ...'s Form 10-Q for the Ã'scal quarter ended July 31, 2004 Ã'led with the Securities and Exchange Commission on September 7, 2004. (5) Incorporated by reference to the Registrant's Form 8-K Ã'led with the Securities and Exchange Commission on October 5, 2004. (6) Incorporated by reference to the...

  • Page 87
    Retail Locations 1,826 Retail Locations throughout the U.S., Puerto Rico and Ireland. ฀ ฀฀ Distribution Center located in Grapevine, Texas Headquarters

  • Page 88
    ...! PlayStation 2, Xbox, and GameCube systems are all available for actual game play. Redemption Cards GameStop More Card The More Card gives customers 10% off used games and an additional 10% trade-in value for games and DVDs. Cards accompany a 12 month Game Informer Magazine subscription. GameStop...

  • Page 89
    ... paid circulation than its closest competitor. The monthly publication covers PC, Sony PlayStation 2, Nintendo Game Cube, Microsoft Xbox, online and handheld games and peripherals across a number of departments including GI News, Etc., Classic GI and Secret Access. Game Informer Magazine Sunrise...

  • Page 90
    ... Donaldson Vice President Chief Information Officer Roxanne Koepsell Vice President Marketing Robert Lloyd Vice President Finance GameStop Board of Directors R. Richard Fontaine Chairman of the Board and Chief Executive Officer Leonard Riggio Chairman Barnes & Noble, Inc. Michael N. Rosen Partner...

  • Page 91
    General Information Corporate Offices GameStop Corp. 625 Westport Parkway Grapevine, TX 76051 817-424-2000 www.gamestop.com Stock Listing New York Stock Exchange Market Symbol GME; GME.B Auditors BDO Seidman, LLP 700 North Pearl Street Suite 2000 Dallas, TX 75201 Company Counsel Bryan Cave LLP 1290...

  • Page 92
    6 2 5 We s t p o r t P a r k w a y Gr a p e v in e, T X 76 0 51 ( 817 ) 424 -2 0 0 0