Jun 5, 2019
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GameStop Sees Dip In Sales And Earning In Q1 Of 2019

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Still no good news for the retailer.


GameStop

There’s no real debate that, by and large, physical brick and mortar stores are in a bad spot. With the increasing sales of digital and people choosing to shop online, it’s put those stores on the decline. Maybe no other entity shows that more than GameStop, who have been on the bad side of financial news for awhile now, and it doesn’t look like this year is looking significantly different.

In talking about the company’s Q1 2019 results, we see that global sales have decreased 13.3%  YoY (year-over-year), with net income falling starkly 76% YoY, which includes a 35% decrease of hardware sales, said to be only that low…


Continue reading at Gamingbolt…

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