GameStop fails to meet financial expectations
Videogame trading empire GameStop has reached the financial year-end with a disappointing shortfall in expectations. The closing bell was not generous to the household name known throughout the United States and would signal a shortfall of $432 million in net sales compared to the previous year of trading. GameStop has a slump in salesThe nearly half-million drop in net sales compared to the previous year of trading (Net sales were $1.794 billion for the fourth quarter, compared to $2.226 billion in the prior year’s fourth quarter) wasn’t the only unflattering result of this financial year for...