Gamestop sees a 35% YoY increase
Gamestop, the largest speciality retailer in the world, has announced today that for the period ending August 2, the company made $1.8 billion which is a 35 percent year-on-year increase.
This is the precise amount its profits in Q1 were too, meaning Gamestop is 161 percent up on total year-to-date earnings compared with last year.
The speciality retailer now projects total year-end sales to increase 23 to 25 percent and who can blame them?
By Mike Bowden