Videogame trading empire GameStop has reached the financial year-end with a disappointing shortfall in expectations.
The closing bell was not generous to the household name known throughout the United States and would signal a shortfall of $432 million in net sales compared to the previous year of trading.
GameStop has a slump in sales
The nearly half-million drop in net sales compared to the previous year of trading (Net sales were $1.794 billion for the fourth quarter, compared to $2.226 billion in the prior year’s fourth quarter) wasn’t the only unflattering result of this financial year for the storefront.
After the closing bell, GameStop’s stock would experience another 17% dip, with the
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