GameStop (GME) Holiday Comps Rose 4.4%; Q4, FY Guidance Updated

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GameStop Reports 2015 Holiday Sales Results

January 12, 2016 8:30 AM EST

GRAPEVINE, TX -- (Marketwired) -- 01/12/16 -- GameStop Corp. (NYSE: GME), a family of specialty retail brands that makes the most popular technologies affordable and simple, today reported sales results for the nine-week holiday period ended January 2, 2016.

Total global sales for the holiday period increased 1.8% to $2.99 billion (a 5.9% increase in constant currency), compared to the 2014 holiday sales period. Foreign currency exchange rates reduced total sales by $119.5 million.

Total comparable store sales for the holiday period increased 4.4%, growing 4.9% in the U.S. and 3.2% internationally. Global multichannel sales grew 47.4%, driven by... More