Open Enrollment | Subscribe to Dealerscope HERE
Follow us on

GameStop Says Demand Hit as Customers Await New Consoles

March 28, 2013

Retailer GameStop warned of weak sales this year as customers delay purchases ahead of the arrival of next-generation videogame consoles, but it reported stronger-than-expected quarterly results.

The world's largest retailer of videogame products said on Thursday that it expected full-year sales to remain flat or fall by as much as 8 percent, implying revenue of between $8.18 billion and $8.89 billion. Analysts on average expect $8.86 billion, according to Thomson Reuters I/B/E/S.

GameStop's full-year earnings forecast lagged analysts' estimates by a sizable margin.



Companies Mentioned:

More Suggested Content:

Microsoft retail stores
Microsoft Plans "Specialty" Retail Stores
March 29, 2013 From News
Microsoft has announced plans to open several "specialty" retail stores, described on the company's Facebook page as "scaled-down Microsoft retail stores that carry a curated selection of the best products Microsoft has to offer."
D&H Distributing Logo
D&H Offers "Trending" Products
February 27, 2013 From News
D&H Distributing is borrowing a page from Twitter and designating products that are "Trending" on its website. The "What's Trending" feature lists the most frequently-viewed items on


Click here to leave a comment...
Comment *
Most Recent Comments: