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Article: GameStop Corp. Second Quarter Sales Surge 132%; Comparable Store Sales Increase 3.9%; Second Quarter EPS Exceeds Guidance; Merger Integration Complete.
- Article from:
- Business Wire
- Article date:
- August 17, 2006
CopyrightCOPYRIGHT 2006 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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GRAPEVINE, Texas -- GameStop Corp. (NYSE:GME)(NYSE:GME.B), the world's largest video game and entertainment software retailer, today reported sales and earnings for the second quarter ended July 29, 2006.
Company sales increased 132% to $963.3 million, when compared with $415.9 million in sales from the prior year quarter, with comparable store sales increasing 3.9%. New video game software increased 8% over the prior year quarter, with NEW SUPER MARIO BROS. from Nintendo and NCAA FOOTBALL '07 from Electronic Arts topping the list of best-selling new titles for the quarter.
GameStop's net earnings for the second quarter of 2006 were $3.2 million, ...