GameStop Corp. (NYSE: GME) will grow earnings by 3 to 5 percent over the next four years with its existing and new lines of business, CEO Paul Raines told the investment community on Thursday.

Raines and other GameStop executives spoke to investors and analysts at the company’s 2016 Investor Day, held at the Gaylord Texan Resort and Convention Center. The Grapevine company discussed growing its core competency – physical video game sales– as well as diversification plans, including its expansion into electronics and collectibles sales.

GameStop operates more than 7,100 stores across 14 countries.

GameStop operates more than 7,100 stores across 14 countries.

“Our core physical games are generating cash flow that we can deploy into other retail concepts to generate growth,” Raines said. “We have several competencies as a specialty retailers that we can apply to other retail concepts.”

We broke down three takeaways from the event:

Earnings roadmap

This year, GameStop expects total operating earnings to range between $685 million and $715 million, 65 percent to 70 percent of which will come from physical gaming sales like software and hardware. The company estimates another 12 percent to 14 percent of the earnings will come from its technology brands, 6 percent to 7 percent will stem from collectibles sales and 12 to 13 percent will come from digital sales.

By 2019, GameStop is predicting its earnings will grow another 3 percent to 5 percent, with contributions from physical gaming shrinking to 45 percent to 50 percent of earnings. Technology brands are expected to contribute 25 percent to 30 percent of earnings, digital sales will contribute 12 percent to 14 percent collectibles will bring in 13 to 17 percent of earnings.

Technology brands growth

GameStop ended 2015 with more than 1,000 technology branded stores. Outside of its GameStop locations, the company operates more than 900 AT&T stores, more than 70 Cricket Wireless stores and 76 Simply Mac stores. Simply Mac is a certified Apple resale company.

In 2015, GameStop purchased 450 stores, and plans to buy another 400 to 500 this year. It is already looking at two AT&T acquisitions.