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Stock Market & Financial Investment News

News Breaks
March 27, 2014
08:35 EDTGMEGameStop reports Q4 EPS $1.89, consensus $1.92
Reports Q4 revenue $3.68B, consensus $3.79B. Consolidated comparable store sales increased 7.8% compared to the prior year quarter. The growth in sales and comps was driven by the successful launches of Microsoft’s Xbox One and Sony’s PlayStation 4. Q4 net earnings included goodwill and asset impairment charges of $28.7M, or 20c per diluted share, primarily due to the closure of Spawn Labs and store asset impairments. The company also recorded a non-recurring benefit of $33.6M, or 18c per diluted share, from a change in accounting estimates primarily related to redemption rates in our PowerUp Rewards and other customer liability programs
News For GME From The Last 14 Days
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December 12, 2014
05:38 EDTGMENovember NPD video game software sales fell 2%, says Piper Jaffray
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December 11, 2014
19:50 EDTGMENovember new video game sales up 14% from last year, Game Informer says
November sales of newly launched video games rose 14% from the same period last year, but overall software sales were down 2%, according to Game Informer, citing NPD data. Publicly traded companies in the space include Activision Blizzard (ATVI), Electronic Arts (EA), GameStop (GME) and Take-Two (TTWO). Reference Link

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