RSS Feed for This PostCurrent Article

GameStop Forecast Flattens Shares

Shares of GameStop were down $4.76, or 9.4%, to $46.09 in recent trading.

Profit for the quarter was $62.1 million, or 37 cents a share vs. $24.7 million, or 15 cents a share, a year earlier. Excluding items, the company earned 38 cents a share, beating analysts’ expectations by 3 cents a share.

Revenue increased 41.8% to $1.81 billion, surpassing analysts’ expectations of $1.75 billion for the quarter.

Comparable-store sales increased 27.1% during the first quarter.

For more about information we are can view in Media The Street

    Sponsored links

Trackback URL

Post a Comment