GameStop posts 9.4% fall in quarterly revenue
A screen displays the logo and trading information for GameStop on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., March 29, 2022. REUTERS/Brendan McDermid/File Photo
GameStop Corp posted a 9.4 per cent fall in quarterly revenue on Wednesday as consumers cut back spending on discretionary items amid stubbornly high inflation.
The company's revenue in the third quarter fell to $1.19 billion from $1.30 billion a year earlier.
Source: Reuters
Categories
