GameStop reported dismal second-quarter fiscal 2020 results, on account of the coronavirus outbreak that compelled the company to close its stores on a temporary basis. The videogame retailer reported wider-than-expected loss and continued to grapple with soft top-line performance. Comparable store sales results were also disappointing. Nonetheless, management highlighted that it remains focused on strengthening balance sheet, prioritizing allocation of resources to areas that generate solid cash flow, lowering expenses, optimizing inventory, and creating and expanding digital ecosystem. GameStop registered an outstanding increase in global e-commerce sales and a significant reduction in SG&A expenses during the quarter. Also, it saw an improvement in cash position at quarter-end.