Scalper1 News
GameStop is profiting from the video-game console transition. The specialty retailer late Thursday posted first-quarter earnings that topped Wall Street expectations, though sales were shy of views. GameStop (GME) earned 59 cents a share, up 28% from the same quarter last year and 2 cents above estimates. Sales for the three months ended May 3 rose 7% to $1.97 billion, missing the $2.02 billion target set by analysts polled by Thomson Reuters. Scalper1 News
Scalper1 News