January 8, 2013 / 2:01 PM / 5 years ago

GameStop says fourth-quarter same-store sales to fall

1 Min Read

Jan 8 (Reuters) - GameStop Corp, the world's largest retailer of videogame products, said it would report a decline in same-store sales for the fourth quarter after a drop in store traffic during the holiday season.

The company said same-store sales would fall by between 4 percent and 7 percent. Its previous sales forecast ranged from an increase of 1 percent to a fall of 7 percent.

Shares of the company were down 10 percent at $22.25 in premarket trading.

The company expects its profit to be at the low end of its forecast range of $2.07 to $2.27 per share.

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below