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Next-generation video game consoles and software are fueling a resurgence in industry sales and retailer GameStop (GME) is benefiting disproportionately. Late Thursday, the Grapevine, Texas-based company topped Wall Street’s forecasts with its fiscal second-quarter results . GameStop earned 22 cents a share in the quarter ended Aug. 2, up 144% from the same quarter last year and beating the consensus of 18 cents among analysts polled by Thomson Reuters. Sales rose 25% to $1.73 billion, compared with Wall Street’s target of $1.65 billion. GameStop (GME) stock jumped 5.5% to 42.70 in early afternoon trading on the stock market today. GameStop also guided analysts higher for third Scalper1 News
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