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06-07

If you... is your chance...

GameStop Posts Decline in Quarterly Sales, Reveals Plan to Sell More Stock

June 7 - GameStop reported a decline in first-quarter net sales on Friday, as customers transition to buying video games and collectibles online, while the retailer largely relies on brick and mortar stores.The company posted net sales of $881.8 million in the quarter ended May 4, compared with $1.24 billion in the same period a year earlier.The shares jumped 25% in premarket trading.

GameStop Posts Decline in Quarterly Sales, Reveals Plan to Sell More Stock

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