Today's Hard|Forum Post
Today's Hard|Forum Post

Thursday March 27, 2014

Next-Gen Consoles Drive GameStop's Record-Breaking Sales

Is anyone actually surprised that GameStop went from zero to hero thanks to sales of the Xbox One and PlayStation 4?

GameStop has the new consoles to thank for the retail juggernaut's record-breaking sales year. Total global sales reached $9.04 billion, a 1.7 increase from the previous bar-setter in 2011. The company saw a profit of $354.2 million, slamming the teeter-totter back from last year's $269.7 million loss. Sales were driven by the 29.7 percent increase in new video game hardware sales from "the launches of Microsoft's Xbox One and Sony's PlayStation 4."