GameStop Misses Q3 Estimates
Video game retailer GameStop, based out of Grapevine, reported a third-quarter profit that missed Wall Street expectations, while also cutting its outlook for the year.
Watch CBS News
Video game retailer GameStop, based out of Grapevine, reported a third-quarter profit that missed Wall Street expectations, while also cutting its outlook for the year.
While the Electronic Entertainment Expo is no longer open to the public, the GameStop Expo offers everyday gamers a chance to preview upcoming titles and hardware.
GameStop said that its first-quarter net income fell 25 percent as revenue declined, but results at the world's biggest video game retailer surpassed Wall Street's expectations.
The former corporate spokesman for computer game retailer Gamestop has been sentenced to prison after admitting to defrauding the company out of almost $2 million.
A former Gamestop VP is quickly trying to hit the reset button to avoid a lengthy prison stay and heavy fines after he pleaded guilty one count of mail fraud in Federal Court.
Shares of GameStop tumbled Tuesday after the world's largest video game retailer reported lower holiday sales, and said its Q4 earnings would be at the low end of its guidance.
The former corporate spokesman for computer game retailer Gamestop has admitted to defrauding the company out of almost $2 million.
Cyber Monday is often a more popular shopping event than Black Friday. The convenience of shopping at home without the hassles of long lines and people can be a huge draw.
The world's biggest video game retailer has reported a 32 percent decline in its second-quarter net income. Gamestop said that sales slowed because not enough games came out.
GameStop, the world's largest video game retailer, said its fourth-quarter profit dropped 27 percent, pulled down by hefty charges and lower sales.
Authorities have released surveillance video from a robbery at a North Dallas Game Stop in the hopes of identifying a suspect who has hit three businesses in less than a month.
Video game retailer GameStop has issued an apology for yanking a pre-packaged coupon from new copies of "Deus Ex: Human Revolution."
GameStop, the world's largest video game retailer, posted a 23 percent drop in second-quarter net income Thursday.
Maybe at some point video games were thought of as 'just for boys' – but not anymore. But despite statistics, video game marketing is still 'all boy'. Game developers say they aren't even sure what females want.
The State of California wanted to monitor what games kids play as well. Lawmakers there passed a law banning the sale of violent games to minors. On Monday the Supreme Court overturned it, and some parents are okay with that.
Video game retailer GameStop said its fourth-quarter earnings rose 10 percent on rising revenue, driven by new e-commerce.
The holiday season almost always involves a new must-have gaming system or mega-hit video game, and for GameStop, that will bring some holiday cheer.
