Friday, September 7, 2018

GameStop misses profit estimate

Reuters
GameStop Corp, the world’s largest video game and gaming console retailer, reported a lower-than-expected quarterly profit on Thursday due to lower sales of video game software at its outlets.

GameStop said its comparable store sales fell 0.5 percent in the quarter. Analysts, on average, had expected a 3.5 percent drop in same store sales.. . . more