Gamasutra is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.


Gamasutra: The Art & Business of Making Gamesspacer
View All     RSS
January 24, 2020
arrowPress Releases







If you enjoy reading this site, you might also want to check out these UBM Tech sites:


GameStop stock tumbles by 16 percent following poor holiday sales

GameStop stock tumbles by 16 percent following poor holiday sales

January 15, 2020 | By Chris Kerr




GameStop has seen its stock tumble by 16 percent after it notified investors of a 25.7 percent drop in holiday sales. 

Although the company said it "expected a challenging sales environment over the holiday season," it conceded its performance was "well below" expectations

That sales decline was reflected in the retailer’s stock market performance, and GameStop’s stock price is now down 24.5 percent from the start of the year. 

The company's showing during the holiday season was so below par that GameStop has revised its fiscal outlook for 2019, and now expects to see an overall sales decline of up to 21 percent -- previously it has anticipated "a decline in the high teens."



Related Jobs

Schell Games
Schell Games — Pittsburgh, Pennsylvania, United States
[01.24.20]

Community Marketing Specialist
Disbelief
Disbelief — Chicago, Illinois, United States
[01.24.20]

Junior Programmer, Chicago
Disbelief
Disbelief — Cambridge, Massachusetts, United States
[01.24.20]

Junior Programmer, Cambridge, MA
Everi Games
Everi Games — Austin, Texas, United States
[01.24.20]

Game Developer









Loading Comments

loader image