Tweet
GameStop continues to go downhill
By GaryOPA
GameStop did not do as well as they thought they would, and they are blaming it all on delays of popular video games like Assassin's Creed: Unity for their poor new outlook to their worried shareholders.
More bad news to shareholders and investors in GameStop, the big-box retailer is having a hard time selling video games these days, but they blaming it on fact big games like Assassin's Creed: Unity was delayed, but we will see how well GameStop does next quarter.
Of course many of our loyal GameHacking.org readers will be happy to hear GameStop is doing worse and worse each quarter.
GameStop did not do as well as they thought they would, and they are blaming it all on delays of popular video games like Assassin's Creed: Unity for their poor new outlook to their worried shareholders.
More bad news to shareholders and investors in GameStop, the big-box retailer is having a hard time selling video games these days, but they blaming it on fact big games like Assassin's Creed: Unity was delayed, but we will see how well GameStop does next quarter.
Shares of video game retailer GameStop slumped on third-quarter profit that missed expectations while it also cut its outlook for the year. The Texas company said it earned an adjusted profit of 57 cents per share, below Wall Street estimates of 62 cents. Sales reached $2.09 billion, short of forecasts for $2.21 billion. GameStop said the delayed release of "Assassin's Creed Unity," the newest version of a popular video game, hurt sales. GameStop now expects per-share earnings for the year of $3.40 to $3.55.
Comment