GameStop quarterly revenue beats estimates on higher demand for video games

1/6/2022 11:33:00 PM

GameStop quarterly revenue beats estimates on higher demand for video games

GameStop quarterly revenue beats estimates on higher demand for video games

Video game retailer GameStop Corp reported better-than-expected first-quarter revenue on Wednesday, as more shoppers bought video games and consoles. Store closures during the COVID-19 pandemic affected GameStop\u0027s physical retail business, for which it is primarily known. The retailer has, however, been fo

Video game retailer GameStop Corp reported better-than-expected first-quarter revenue on Wednesday, as more shoppers bought video games and consoles.Store closures during the COVID-19 pandemic affected GameStop's physical retail business, for which it is primarily known. The retailer has, however, been focusing on growing its online business to meet consumer demands.

Net loss widened to US$157.9 million, or US$2.08 per share, for the first quarter, from US$66.8 million, or US$1.01 per share, a year earlier.Net sales were US$1.38 billion in the quarter ended Apr 30, above analysts' average estimate of US$1.32 billion, according to Refinitiv data.

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LinkedIn Video game retailer GameStop Corp reported better-than-expected first-quarter revenue on Wednesday, as more shoppers bought video games and consoles.https://coconuts.Thank you for your feedback.Read full article 1 June 2022, 7:21 am · 1-min read Malay Mail PETALING JAYA, June 1 — A man in Indonesia came under fire from social media after he decided to process his heartbreak by twerking on a gravesite.

Store closures during the COVID-19 pandemic affected GameStop's physical retail business, for which it is primarily known. The retailer has, however, been focusing on growing its online business to meet consumer demands.39. Net loss widened to US$157. Lesson 45 minutes long.9 million, or US$2.mp4 A video of the fire was also uploaded on the Trip and Travels YouTube channel on Monday.08 per share, for the first quarter, from US$66.” Commenters overwhelmingly agreed with this later sentiment, decrying the man for disrespecting the gravesite.

8 million, or US$1. They used three water jets and three hose reels from the pier to surround the vessel to contain the fire and prevent it from spreading to other boats. Yahoo Esports SEA OG had incredible run to the Stockholm Major title but does that make them the best, especially when Chinese teams didn't play? We talk to professional coach xFreedom to find out more.01 per share, a year earlier. Net sales were US$1. Fortunately, firefighters were able to put it out within an hour and no injuries were reported from the incident.38 billion in the quarter ended Apr 30, above analysts' average estimate of US$1. It is set for release sometime in fall 2022, on Disney+.32 billion, according to Refinitiv data. /TISG Follow us on Social Media Send in your scoops to news@theindependent.

Source: Reuters .