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GameStop reports higher financial results in latest quarter


The largest game retailer in the US, GameStop, reported its latest financial results today and they are mostly on the higher side. For its third fiscal quarter that ended on October 31, the retailer had $1.83 billion in revenues, up from $1.70 billion from the same period a year ago. Profits were $52.2 million, up from $46.7 million from the same period a year ago.

Of course those numbers don't include game sales from this month where some of the biggest releases of the year like Dragon Age Origins, Modern Warfare 2 and Left 4 Dead 2 will surely increase sales even more at the retailer. Indeed GameStop states in its press release, " . . . we expect a solid fourth quarter in sales and earnings." We would think so, too.

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