Well, when you don't have two brand new consoles to promote during the holidays, the numbers are bound to drop.

Even so, retailer GameStop didn't have a bad holiday season. The company has reported their sales for the nine-week period that ended January 3.

Overall sales fell 6.7 percent to $2.94 billion and comparable store sales fell 3.1 percent (3.3 percent in the US and 2.7 percent globally). Obviously, with the PlayStation 4 and Xbox One launching in November 2013, there was going to be at least a slight drop in 2014. Hardware fell 32 percent year-over-year; however, new software grew 5.8 percent thanks to the 94.4 percent jump in PS4 and Xbox One sales.

The retailer's pre-owned business dropped 1.3 percent but the growing mobile and consumer electronics category rose 28 percent, and the digital business leaped 42.8 percent ($296.6 million) so really, it's still mostly roses for GameStop.

Subscribe
Notify of
5 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
tes37
tes37
5 years ago

Somehow I don't feel sorry for these guys. Is that inhumane?

That's a lot of money. I bet they could afford to lose a couple of years worth of revenue and still not spend the rest. I smell a real life GTA mission coming soon.

mk ultra
mk ultra
5 years ago

Inhumane is the elephant enclosure at the L.A. zoo. I think you're okay. That's more not feeling sorry for the obnoxious a-hole at a party, complaining about a spilled drink, when they're already trashed and still have a full bar.

Underdog15
Underdog15
5 years ago

On the other hand, these days it's probably more inhumane to let them live free in Africa to be poached and pushed closer to extinction. :

tes37
tes37
5 years ago

I'm not trying to use mind control on you mk ultra, but would it work if I considered Gamestop a bunch of animals.

Rachet_JC_FTW
Rachet_JC_FTW
5 years ago

idk y they would need to worry about they look like they doing okay to me

happy gaming