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Posts Tagged ‘Gamestop Corp’

Videogame retailer GameStop’s fourth-qtr earnings miss estimates

27
Mar
2014

(Reuters) – GameStop Corp, the world’s biggest retailer of videogame products, reported lower-than-expected quarterly earnings, hurt by fewer game releases and a drop in store traffic. Console gamers are also buying more games online. GameStop shares fell 6.4 percent to $36.47 in early trading. Revenue rose to $3.68 billion from $3.56 billion, helped mainly by […]

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Gamestop’s fourth-quarter profit forecast misses estimates

14
Jan
2014

(Reuters) – Gamestop Corp forecast fourth-quarter profit below analysts estimates, hurt by a bigger-than-expected decline in sales of new game titles for Xbox 360 and PlayStation 3, sending its shares down 12 percent. The worlds largest retailer of video game products said it expects earnings to be between $1.85 and $1.95 per share. Analysts on […]

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