GameStop Holiday Sales Down in 2012
Even though GameStop’s holiday sales were down in 2012, they still brought in impressive numbers.
Sales were down 4.6 percent during the nine-week period, ending at $2.88 billion.
“As a result, GameStop expects its fourth quarter 2012 earnings per share results to be at the low end of its current guidance range. Our strong market share positions us well for the future, and we look forward to new product launches in 2013,” said CEO Paul Raines.
Pre-owned game sales were down by 15.6 percent. As far as consoles go, the Wii U sold 320,000 units.