GameStop has raised funds through the sale of new shares of stock, which the firm says will be used to keep accelerating its transformation and for general corporate purposes. In earnings, Hasbro reported a quarterly surge in eCommerce revenues, while sales dropped in its newly expanded TV, film and entertainment unit amid the pandemic. And in recurring commerce, subscriptions have doubled since the beginning of the pandemic for Blue Bottle Coffee. All this, Today in Data.
$551M: Amount that GameStop raised through the sale of 3.5 million new shares of stock.
250: Minimum number of Hasbro’s film and TV projects in development.
$174M: Hasbro’s adjusted operating profits for the three months ending March 28.
83%: Share of American adults who identify themselves as at least “sporadic” coffee drinkers.
11: Number of major markets globally in which Blue Bottle Coffee operates brick-and-mortar cafés.