Future Tech

GameStop expects first-quarter revenue to drop

Tan KW
Publish date: Fri, 17 May 2024, 10:44 PM
Tan KW
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Future Tech

  GameStop expects first-quarter net sales to drop from a year ago, as customers transition to buying video games and collectibles online, while the retailer largely relies on brick and mortar stores.

The company said net sales is expected to be in the range of $872 million to $892 million, down from $1.237 billion a year ago.

 


  - Reuters

 

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