原创 GameStop Reports Boost In Q3 |wow gold

GameStop Reports Boost In Q3 |wow gold
Games including Madden NFL 10, Halo 3: ODST, and Batman: Arkham Asylum led Tex.-headquartered retailer GameStop cheap wow gold to post a rise in both sales and profits during fiscal Q3 on Thursday, beating estimates. The retailer's growth comes soon after NPD Group reported that U.S. game industry sales were down 13 percent year-to-date through October compared to 2008. Sales for the quarter ended October 31, 2009 rose 8.2 percent year-on-year buy wow gold to $1.83 billion, as 2K Sports' NBA 2K10 and Nintendo's Wii Sports Resort rounded out the top five-selling games for GameStop's quarter. New game sales were $769.4 million, reflecting growth of 9.4 percent wow power leveling during the period. GameStop's used product sales (including hardware) were $507.7 million, reflecting a 19.4 percent rise "on top of the 19.3 percent increase in the third quarter of 2008," the company said. New game sales made up 41.9 percent of revenues, while used product sales made up 27.7 percent. Profits for the period rose 11.8 percent year-on-year to $52.2 million. Used video game products brought in $240 million in gross profit, or 47.3 percent of total gross profits. New games generated $173.8 million, which represented 22.6 percent of overall gross profits. The company saw an overall rise in revenues, but comparable store sales -- which take into account revenues from stores open for a year or more -- were down 7.8 percent due to the recent price cuts in video game hardware. Sony, Microsoft, and Nintendo all cut the prices of their hardware during the fiscal quarter. Nevertheless, the retailer beat consensus estimates, analyst Arvind Bhatia with Stern Agee said in a research note. Analyst Colin Sebastian with Lazard Capital Markets said in a separate note that GameStop appears to have gained market share during the quarter. GameStop CEO Dan DeMatteo said in a statement, "A sharp focus on efficient operations in this challenging global economy delivered solid earnings results and significant market share gains. Gross margins expanded, led by a sequential 150 basis point improvement in the used category. Store foot traffic increased from the prior quarter, driven by strong new title releases and price cuts on all current generation platforms." ONE WINTER a Farmer aion found a Snake stiff and cheap wow gold frozen with cold. He had compassion on it, and taking myyqqm1120 it up, placed it in buy wow gold his bosom. The Snake was quickly wow gold revived by the warmth, and resuming its natural instincts, bit its benefactor, inflicting on him a mortal wound. "Oh," cried the Farmer wow gold with his last breath, "I am rightly served for pitying a scoundrel." The greatest kindness will not bind the ungrateful. A YOUNG FAWN once said wow gold to his Father, "You are larger than a dog, and swifter, and more used to running, and you have your wow gold horns as a defense; why, then, O Father! do the hounds frighten you so?" He smiled, and said: "I know full wow power leveling well, my son, that all you say is true. I have the advantages you mention, but when I hear even the bark of a single cheap wow gold dog I feel ready to faint, and fly away as fast as I can." A HEAVY WAGON was being dragged along a country cheap wow gold lane by a team of Oxen. The Axle-trees groaned and creaked terribly; whereupon the Oxen, turning round, thus addressed the wheels: "Hullo there! why do you make buy wow gold so much noise? We bear all the labor, and we, not you, ought to cry out." Those who suffer most cry out the least. He added that the holiday quarter started "strong" for the company, thanks to the blockbuster release Call of Duty: Modern Warfare 2 from Activision. DeMatteo said in the first 72 hours after release, the retailer sold 2.5 million copies. Activision said this week that the military shooter, developed by Infinity Ward, generated $550 million gross in its first five days. "We are optimistic that the huge success of this game will serve as a bellwether for what we can expect for the remainder of our holiday game sales," the chief exec said. He's also counting on big holiday turnout in the used games segment. "We know consumers are looking for value in these difficult economic times," DeMatteo added. "Our stores are prepared to deliver this holiday with the broadest selection of new and used games, the most knowledgeable gaming associates and the buy-sell-trade model, which offers affordable choices that meet the needs of all types of gaming customers." The retailer is also expecting strong initial holiday quarter sales from Nintendo's New Super Mario Bros. and Ubisoft's Assassin's Creed 2.




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