Gaming Planet

GameStop Bucks Trends With 2009 Retail Sales Increase

Posted by admin March 18, 2010, under Game News | No Comments

Despite industry-wide retail contractions last year, leading U.S. and international video game specialty retailer GameStop says its just-ended fiscal 2009 brought the second-highest earnings in its history. In its fourth quarter, which ended January 30th, 2010, it saw sales rise 0.9 percent year over year to $3.52 billion, although comparable store sales fell nearly 8 percent and profits dropped 7.1% to $215.9 million. GameStop's full-year view of 2009 also sees comparable store sales -- which ...

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