GameStop global sales were $9.55B in FY11, Q4 revenue down 3% to $3.58B
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GameStop has posted its Q4 and FY 2011 results and for the full fiscal year, total global sales for the firm were $9.55 billion, with store sales showing a decline of 2.1% compared to fiscal 2010. Sales in new hardware declined, but new and pre-owned software sales increases. Digital receipts increased 57%. Net earnings were $339.9 million compared to $408.0 million year-over-year. For the Q4, revenue came in at $3.58 billion, down 3% from $3.69 billion year-over-year and forecasted estimates of $3.71 billion.