(GME) reported disappointing sales results and a wider-than-expected net loss during for its fiscal second quarter, news that sent stock in the struggling retailer lower in after-market trading. The company’s e-commerce sales soared 800%, as shoppers shifted to digital offerings. GameStop’s sales were expected to be down this year even before the pandemic upended retailers and the rest of the economy. Read More...
(GME) reported disappointing sales results and a wider-than-expected net loss during for its fiscal second quarter, news that sent stock in the struggling retailer lower in after-market trading. The company’s e-commerce sales soared 800%, as shoppers shifted to digital offerings. GameStop’s sales were expected to be down this year even before the pandemic upended retailers and the rest of the economy.
Add Comment