feed.gg
Gamespot
gamespot.com
Read at gamespot.com ↗
newsPublished

GameStop Sets A New Financial Record, And It’s No Thanks To Games

GameStop reported a record operating income of $160.2 million for its fiscal Q2, driven by a 57% surge in collectible sales. Despite overall net sales falling due to fewer game sales and international store closures, the company's focus on collectibles has become its primary revenue driver. CEO Ryan Cohen suggested potential expansion into live commerce and digital item marketplaces.

GamespotArticle tone: Negative
Image · Gamespot
Original source

This article was reported and published by Gamespot. feed.gg links to it as part of a story cluster — full text, images and rights remain with the publisher.

Open original ↗