GameStop (GME) Reports 0.3% Decrease in Holiday Comps; Offers Q4, FY12 Outlook

January 9, 2012 8:33 AM EST
GameStop (NYSE: GME) reports 2011 holiday same-store sales fell 0.3%. Sales totaled $3.02 billion for the nine-week season ended Dec. 31st, 2011.

Now sees Q4, FY12 same-store sales down 1-2%. The company had previously expected FY12 same-store sales to be flat to down 1%.

Reiterates Q4, FY12 EPS outlooks of $1.66-$1.76 and $2.82-$2.92, respectively.


Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Guidance, Retail Sales