GameStop (GME) Holiday Comps Increase 1.5%, Reiterates FY EPS Guidance
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GameStop Reports 2018 Holiday Sales Results
January 18, 2019 8:00 AM ESTGRAPEVINE, Texas, Jan. 18, 2019 (GLOBE NEWSWIRE) -- GameStop Corp. (NYSE: GME) today reported sales results for the nine-week holiday period ended January 5, 2019.
Total global sales for the holiday period were $2.63 billion, a 5.0% decrease compared to the 2017 nine-week holiday period ended December 30, 2017. Total comparable store sales increased 1.5%, including a 3.6% increase in the U.S. partially offset by a 3.1% decrease internationally. Comparable store sales are calculated comparing the nine weeks ended January 5, 2019 to the nine weeks ended January 6, 2018 in order to ensure the appropriate weeks around the holiday are... More
