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GameStop (Page 16)

News

Profits soar for GameStop

GameStop has recorded profits of USD 24.7 million (EUR 18.3m), a rise of 111 per cent, and sales of USD 1.28 billion (EUR 949m), up 23 per cent, for the first quarter of 2007.
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GameStop reveals $5 billion in sales for 2006

Sales at US retailer GameStop reached USD 5.3 billion (EUR 3.9bn) for the fiscal year ended 2006, a 72 per cent rise over the USD 3.01 billion (EUR 2.2bn) for the previous year.
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GameStop announces two-for-one stock split

US retailer GameStop has announced a two-for-one stock split in a bid to sercure new investors, with the split to take place on February 20 and distribution of shares set for March 16.
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GameStop acquires Rhino retail chain

US retailer GameStop has acquired the Rhino Video Games chain from Blockbuster in a new deal which is set to complete by the end of the month.
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GameStop sales up by 89 per cent

US retailer GameStop has recorded third quarter sales of just over US $1 billion (EUR 779 million), up from US $534.2 million (EUR 416.6 million) from the previous year.
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GameStop reports Q2 sales surge

US specialist retailer GameStop had released its financial report for the second quarter, noting an uncertainty over the available units for the launch of Nintendo's Wii and Sony's PS3.
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GameStop posts strong Q1 results

US videogames retail giant GameStop has posted its first quarter financial results, showing a rise of 13 per cent in profit and revealing strong hardware and software sales for Xbox 360.
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EB, GameStop insider trading lawsuit settled

A lawsuit alleging insider trading relating to the merger of US videogame chains Electronics Boutique and GameStop has been settled, the accused parties fined in excess of USD 1 million.
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GameStop reports record Q4 sales, revenue

US videogame retail giant GameStop has released its Q4 and full fiscal year financial report, revealing record earnings of USD 85 million following its merger with former rival Electronics Boutique.
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GameStop posts record sales figures for 2005

US retailer GameStop has published its report for financial year ending 2005, revealing record-breaking sales figures and profits of more than USD 100 million.
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GameStop slashes price of PSP Giga Pack

As part of plans to secure an even stronger foothold in the European market, high street retailer GameStop has slashed the price of the PlayStation Portable Giga Pack in its Irish stores.
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Former EB president to head newly merged GameStop

Retail giant GameStop has announced the promotion of ex-Electronics Boutique executive, Steve Morgan, following the recent acquisition of EB and the departure of former president Joe DePinto.
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GameStop posts third quarter loss of USD 2.5 million

US retailer GameStop has published third quarter financial results which show a net loss of USD 2.5 million in a report which also expresses concerns about Xbox 360 Christmas stock allocations.
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GameStop revises post-merger fiscal forecasts

As the merger with former rival Electronics Boutique is finalised, US videogame retailer GameStop has updated its fiscal forecasts, revealing a decline in sales for the third quarter.
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Shareholders approve EB/GameStop merger

GameStop and Electronics Boutique have merged to form the largest games retailer in North America after shareholders approved the deal last week.
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GameStop/EB merger on schedule for October 31st

The merger between retail giants GameStop and Electronics Boutique looks set to complete as planned at the end of the month, thanks to funding from a successful investor offering.