Reported about 17 hours ago
GameStop reported a nearly 22% rise in second-quarter revenue, reaching $972.2 million, up from $798.3 million last year. The increase reflects the company's efforts to rejuvenate its business, boosting shares by about 3%. Despite facing competition from e-commerce giants like Amazon, GameStop's collectibles segment thrived, with a 63% revenue surge due to a successful merchandising strategy focused on pop culture.
Source: YAHOO