Friday, January 18, 2019

GameStop Jumps on Strong U.S. Holiday Sales Numbers

The Street
Video game retailer GameStop rose 1.5% in trading after reporting strong holiday season sales in the U.S., though overall results were weighed down by weakness in the international market.

The Grapevine, Texas-based company reported total global sales for the nine-week holiday period ended Jan. 5, of $2.63 billion. Total comparable-store sales increased 1.5%, including a 3.6% jump in the U.S. . . . more