Activist Investors Management also faces pressure from investors. The company reached an agreement this week with two activist firms that were seeking a revamp of the retailer's board. GameStop will add two board members in collaboration with Hestia Capital Partners and Permit Capital Enterprise Fund. Cost cutting is key to GameStop's comeback plan. The company aims to achieve a $100 million improvement in operating profit this year. But for the first quarter, it expects to break even at best and could lose 5 cents a share. Profit last quarter totaled $1.45 a share, short of the $1.58 average of analysts' estimates. At $3.1 billion, sales also failed to meet analysts' projections. --With assistance from Cecile Daurat.