GME Dec Comps Up 8.7%; Raises Guidance

GameStop Corp. (NYSE: GME) said December Comparable Store Sales Increase 8.7%. Based on strong gross margins and cost savings generated during the quarter, GameStop is increasing its fourth quarter diluted earnings per share guidance to between $1.06 and $1.08 (cons $0.99). Full year earnings per diluted share are now forecasted to range from $1.75 to $1.78 as compared to our previously announced guidance of $1.65 to $1.70 (cons $1.67)

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