GameStop Enjoys Record Holiday Season

January 6, 2011 -

Video game retailer GameStop reported record sales of $3.02 billion for the nine-week holiday season that ended on January 1. This marked a 5.4 percent increase over the same period last year, driven by Kinect sales, and "strong sell through" of PlayStation 3 and Xbox 360 titles such as Call of Duty: Black Ops and Assassin’s Creed: Brotherhood. The company also reported 32 percent growth in gift card sales during the month of December.

New hardware sales improved 7.4 percent based mostly on the successful debut of Microsoft's Kinect. New video game software sales increased 3.3 percent.

Sales in an odd category that lumps video game accessories and PC games together, grew 15.9 percent, led by sales of Sony PlayStation Move and Blizzard Entertainment’s World of Warcraft: Cataclysm. Used products gained 1.7 percent during the period; but the U.S. segment increased 8.5 percent in December and post-holiday sales significantly outperformed expectations.

Based on solid holiday sales numbers, GameStop stuck with its previous forecast of fourth quarter and full year earnings per share guidance ranges of $1.53 to $1.59 and $2.63 to $2.69, "excluding debt retirement costs. This represents a 16 - 19 percent increase for the full year. The company still expects comparable store sales for the fourth quarter to range from 2 - 4 percent and full year comparable store sales to range from flat to 2 percent.

Full year 2010 sales and earnings results and fiscal 2011 earnings guidance are expected in March 2011.

 
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Mattsworknamefinished it, great game all the same.08/01/2015 - 5:22pm
MattsworknameMy only complaint about that game was it's length, I felt it was a bit to short yet in certain places felt like it dragged on a bit. SOme areas were so engaging they flew by, others didn't do enough to keep me energized to play, but I got to the end and08/01/2015 - 5:22pm
ZippyDSMleeNo demo makes me not want to buy until its 10-20$ ><08/01/2015 - 5:21pm
Andrew EisenAh, yes. Lifeless Planet has a much better trailer. Tells me a bit about the game, its story and how it plays. Novel! http://store.steampowered.com/app/261530/08/01/2015 - 5:19pm
MattsworknameOn the same vien, another great exploration game is Lifeless planet. but that one has an actuall story, and real gameplay08/01/2015 - 5:16pm
MattsworknameDoc: I think it's the other way around, I think gamergate only really coalesed when a larger discussion on issues started. The Jerks and asshats just sorta got swept along with the tide.08/01/2015 - 5:13pm
MattsworknameYour not wrong andrew, the trailer doesn't explain much ,I had to play it to understand what made it unique08/01/2015 - 5:12pm
Andrew EisenBut, plenty of great games have crap trailers.08/01/2015 - 5:11pm
Andrew EisenMy problem is the trailer doesn't communicate how the game plays or what you do. The camera pans over the landscape for about a minute and a half and that's about it. Not sure how that's supposed to interest anyone.08/01/2015 - 5:10pm
DocMelonheadLike I mentioned before: Gamergate may have been created by mean spirited bigots to use it to trick people to support their actions.08/01/2015 - 5:10pm
MattsworknameDoc: I think the issue is that IP cannot seperate the small group that used the Gamergate hashtag to hide there mean spirited actions ,from the rest of the people who wanted to discuss actuall issues in the industry08/01/2015 - 5:08pm
MattsworknameAs for time frame, the idea is good, I just wish it was using hi def graphics and allows for more exploration. Still think the idea is a good one if properly fleshed out08/01/2015 - 5:07pm
DocMelonheadAnd what facts: that 4chan is toxic for allowing hate speech on their site?08/01/2015 - 5:06pm
MattsworknameAndrew: Just reminding ip to be civil andrew.08/01/2015 - 5:05pm
Andrew EisenAs for Time Frame, interesting premise but the trailer does absolutely nothing to interest me in the game. http://store.steampowered.com/app/340270/?snr=1_5_1100__110008/01/2015 - 5:04pm
Andrew EisenOkay, let's not snipe at each other.08/01/2015 - 5:04pm
MattsworknameIP: You were not banned for "facts" , you were banned for being a jerk and not knowing when to shut up. Hopefully you learned from the experiance08/01/2015 - 5:00pm
IronPatriotWhen you support gamergate, facts "dehumanize" you? LOL.08/01/2015 - 4:58pm
IronPatriotIt's also hilarious that GothSkunk thinks he is being "dehumanized" by factual posts about how gamergate was created by 4chan harassers.08/01/2015 - 4:57pm
Mattsworknameare on the planet for about 10 minutes so you can explroe it's world and see it in a very unique slowed down state. Its kinda neat as far as game concepts go.08/01/2015 - 4:57pm
 

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